The end of a year, or the beginning of a new year, is a perfect time for businesses to review their finances and strategies, and how they can improve processes ready to make next year a better year for the…
If you’re a small business or perhaps have just started out, the need to keep your finances in order are just the same as if you were a large organisation. Your finances and accounts are the lifeline of your business…
Payroll is an essential part of any business, at the end of the day, people want to get paid! Getting the process accurate and on time is important in keeping and boosting employee morale - payroll is how you reward…
If you’re a contractor or sole trader, you may have considered what the next step of your career may be. Setting up a limited company is thought to be the most tax efficient way of working and if you’re in…
It can be a hard to transition from old to new, in anything. But making changes can have a positive impact; especially when that change is going to benefit the way a business is run and providing a way for…
The words ‘financial audit’ can cause panic to ripple throughout an office, no one likes the thought of going through an audit! However, although this is not always a pleasant experience, there are ways to make it easier to handle,…
IR35 is a tax legislation that is designed to stop tax avoidance by workers, such as contractors, who supply services to their clients through an intermediary. IR35 has been around since 1999 and if you are a genuine contractor or…
We, as accountants, love our job and are fully versed in everything that we do. However, we’re aware that sometimes our clients do not understand the terminology of the accounting terms that we use. We see puzzled faces or hear…
When thinking about starting a business, there are the obvious things to consider which you’ll need to organise prior to moving forward with any business idea. The main point will be the costs involved with starting a business. What are…
If you’re thinking about going self-employed or have recently become self-employed, you may be wondering what expenses you are eligible to claim when submitting your tax returns. This is an extremely common question that we are asked on a regular…