Blog
How to Run a Tax Efficient Business
13th September 2021
Running a tax efficient business is crucial to your success. When you find legitimate ways of reducing your small business tax bill, it can increase your margins. This in turn improves cashflow and strengthens your business model.
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The Benefits of Paperless Accounting
10th September 2024
© Wasana Kunpol/ Shutterstock.com Transitioning to paperless accounting offers financial advantages for your business, so it’s well worth considering. Going paperless reduces operational costs, especially in relation to printing, stationery and physical storage space, while it
Financial Planning Tips for Small Business Owners
07th August 2024
© ANDREI ASKIRKA / Shutterstock.com Planning is important for every small business owner because it gives you more control over your future. While it’s impossible to foresee everything that might happen, careful cashflow management can help
Business Expenses: What Can You Claim?
10th July 2024
Claiming business expenses can seem like an arduous task, but it’s an important one, as it ensures you maximise tax benefits. Understanding HMRC rules and what can be claimed as business expenses helps you to make
Guide for Sole Trader Business Expenses
10th June 2024
As a self-employed sole trader, you can reduce your tax bill significantly by deducting allowable expenses. The key to achieving a successful result is knowing what costs qualify and how to claim when calculating your Self-Assessment
Why You Should Outsource Your Payroll
08th May 2024
Outsourcing your company’s payroll to a trusted and professional small business accountant affords many benefits. The obvious ones are saving time and reducing the risks of falling foul of the law, but there are other advantages
How Accountants Can Help with Business Decision Making
10th April 2024
Accounting is much more than simply filing tax returns and balancing the books: it also plays a crucial role in making business decisions on often complex financial matters. More than ever today, businesses need the help
Workplace Pensions: Your Responsibilities as a Small Business Owner
12th March 2024
Employers are required by law to provide a workplace pension scheme for employees, no matter what size your company is. Even as a small business owner, you have the same obligations as large corporations when it
Where Did the 2% Inflation Target Originate?
13th February 2024
Central banks all over the world have been striving for years to reduce inflation to 2%, but the figure isn’t based on any academic research. In fact, a growing number of economists and financial experts have
How do Capital Allowances Work for Holiday Lets?
12th January 2024
Capital allowances for furnished holiday lets can be confusing to say the least. However, it pays to have an understanding of how the tax system works. There are various expenses and allowances that you can offset