When you embark on a business venture, it's essential to establish a clear divide between your personal and business finances. Separating these two aspects not only simplifies accounting and tax obligations but also protects your personal assets in case of…
As the warm and sunny months approach, many of us find ourselves eager to make the most of the season. However, it's essential to strike a balance between enjoying the sunshine and maintaining financial discipline. As an accountant, I understand…
Starting a business can be an exciting and rewarding venture. One of the key decisions you'll have to make is choosing the proper legal structure for your enterprise and one popular option is to become a limited business. In this…
Financial management is an essential aspect of running a successful business. Unfortunately, many businesses make common financial mistakes that can hurt their bottom line. In this blog post, we will discuss five common financial mistakes that businesses make and how…
Deciding to go freelance is just the beginning of some big decisions you need to make about your career, the next logical one being what you should be charging. Here are some tips to help you with coming to an…
There’s no such thing as too organised, especially when it comes to your business or personal finances. The start of a new tax year is the perfect time to assess your finances and make sure you are setting yourself up…
Creating a budget for your business is always one of the first steps when building a business and is crucial to ensure financial stability and growth. A well-planned budget can help you track expenses, manage cash flow, as well as…
The UK government is planning to increase the amount of money that workers can save in their pension funds without having to pay extra taxes. Currently, this amount is £1.07 million over a person's lifetime, but it is expected to…
Internet banking, also known as online banking or e-banking, has revolutionized the way people manage their finances. With internet banking, you can perform a wide range of banking transactions from the comfort of your home or office, without the need…
Hiring an accountant can be beneficial for individuals and businesses in a variety of circumstances. However, we understand it can be difficult to recognise when an accountant is needed, especially when you’ve never needed one before. Here are some situations…