
How can your accountant help you with Bookkeeping?
Bookkeeping is often the least favourite task for business owners, but it remains essential.

Bookkeeping is often the least favourite task for business owners, but it remains essential.

Unfortunately, a business can be profitable and still face cash flow challenges. While this may seem nonsensical, it is an issue that many SMEs face as they balance liquid funds against everyday realities.

Late-paying customers are one of the biggest causes of cash flow problems for SMEs.

While profit can be seen as the main indicator of business health, the importance of cash flow is often overlooked.

With the upcoming 7 August deadline, HMRC reports that it is still waiting for over half of those affected by Making Tax Digital (MTD) to register, let alone file their returns by the deadline.

The first week of September is National Payroll Week, and this year sees the 26th one since its inception.

The UK’s economic picture remains uncertain ahead of the Autumn Budget and with the economy growing at a very slow pace, investors and taxpayers are feeling the pinch with a record number set to face a Dividend Tax bill.

Anyone even tangentially involved in UK economics will have noticed that the future is not looking bright.

More often than not, football clubs are seen as a billionaire’s plaything, where lavish amounts of money are spent at the drop of a hat on somebody to kick a ball about.

The release of the latest employment data should serve as a wake-up call for business owners.