Finance

There is little about tax that is intuitive and modern, including the date our tax year starts - 6 April. We have our ancestors to thank for that. Our tax year dates originate from when people in England were required to pay rent to......

We have already covered the topic of VAT in our complete VAT guide as well as VAT registration & deregistration thresholds. However, there are some special VAT schemes that apply to certain business industries and include different......

Starting your own business means doing something you’re passionate about. However, at the end of the day, the main idea is to also make a living out of it. As a business owner, you need to decide how much money you want to pay yourself.......

If you're unsure whether you should be registered for VAT we've put together this handy guide to help you.

For every starting entrepreneur, filing a Self Assessment for the first time can be a bit of a headache.. There are quite a few things to know and understand before you can feel comfortable with the whole process. So, to help you have a......

Once your business starts growing, you simply need a professional who can manage your accounting and bookkeeping. Every business owner has to decide whether they want to hire a bookkeeper or accountant to work in-house or engage an......

As of today (5th of November 2020), the UK has entered a second national lockdown, meaning that all non-essential businesses will be shut for a month (until the 2nd of December). These restrictions include restaurants, pubs, gyms and......

And how to avoid them…

Running your business without an accountant is perfectly feasible and many startups or self-employed people choose to handle their accounts themselves. But, although it might seem like a smart choice for businesses that think they......

Do you know what the difference between bookkeeping and accounting is, or if there’s any difference at all?  If you don’t, you’re not alone.