Getting ready for your financial audit
Facing your first financial audit can be intimidating, yet it is an essential task for many businesses.
Category Accounting
Holiday accrual to come in for zero-hours workers
Following changes to the Working Time Regulations 1998 in January 2024, further amendments are set to come into force on 1 April 2024 relating to leave entitlement for workers on irregular hours.
International Day of Mathematics – Do you need to be good at maths to be an accountant?
A very common question you hear is, “Do you need to be good at maths to be an accountant?”
Cloud accounting isn’t right for my business! We disagree.
We have come across this common misconception time and time again from business owners who want to embrace the power of cloud accounting but don’t think it’s right for their business.
Loophole closed: Pickups are now classed as cars (NOT vans)
A dispute between Coca-Cola and HM Revenue & Customs (HMRC) has closed the loophole that previously defined double-cab pickups as vans and now means they will be classed as cars.
Going green – The financial benefits of investing in a cleaner future
As a small business owner, embracing environmentally friendly practices not only supports a sustainable planet but can also unlock significant financial benefits for your business.
Can you afford to miss your Companies House deadline?
For limited companies registered and operating in the UK, one of the requirements that directors must meet is filing annual accounts with Companies House.
How can the Marriage Allowance save you money?
There are many financial and legal benefits to being married or in a civil partnership, but one of the most overlooked reasons is the potential for tax relief. This is because, thanks to the Marriage Allowance, where one partner earns…
A look at the scalability of in-house vs outsourced accounting
As a business grows, its accounting needs become more complex and time-consuming.
Understanding loss carry-back claims
In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.