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Accounting Advice
02 Aug 2020
As a small business, you have a choice of how you file your accounts. You can either submit a full set of accounts or an abridged set, which contains less detail but meets the compliance requirements of Companies House and HMRC.
Accounting Advice
Accounting Advice
Accounting Advice
23 Jun 2017
Becoming a boss is an exciting time, but will also come with some responsibilities to the HMRC. Here's what you need to know about how to register for payroll, and why you need to.
Accounting Advice
21 Jul 2016
Getting a good bookkeeper can really help your business get of the ground and stay on track. Here's what can happen if you hire a bad bookkeeper.
Accounting Advice
24 May 2016
From 30th June the annual return will be replaced by the confirmation statement. But what's changing?
Accounting Advice
28 Apr 2016
What is auto-enrolment and how will it affect your small business? We have got the answers for you here:
Accounting Advice
31 Mar 2016
There are hundreds of add-ons that integrate with Xero, but these are our top five recommendations for small businesses, contractors and freelancers in the UK.
Accounting Advice
15 Oct 2015
Broadly, there are three options available to small businesses when thinking about how to set up their small business accounting processes. We explore the three most common methods.
Accounting Advice
13 Aug 2015
Small business often run short of cash when customers don't pay as quickly as they should and marketing campaigns take time to work. We examine six solutions to help solve short term cash flow problems.
Accounting Advice
02 Jan 2015
In 2013 Kavalake, the holding company of Gordon Ramsay’s restaurants, turned over a total amount just shy of £45million; £44,801,000 to be precise. However, after the cost of sales, administrative expenses and operating costs were deducted the company overall was left with a pre-tax profit of just £2.7million; or at least it should have been…
Accounting Advice
23 Dec 2013
In a city where accountants are in abundance how do you know what makes a good London accountant and what makes a bad one?
Accounting Advice
07 Aug 2013
The balance sheet is not known for its user friendliness. We'll help you see the wood from the trees.
Accounting Advice
07 Aug 2013
For the uninitiated, trying in interpret a set of statutory accounts can be tricky. This is our guide to understanding them.
Accounting Advice
06 Aug 2020
If your business is registered at Companies House, you have to prepare an annual profit and loss statement by law. Choosing to prepare a profit and loss forecast could have valuable benefits for your business. Here's a guide to profit and loss forecasts as well as a handy profit and loss template.
Accounting Advice
Accounting Advice
Accounting Advice
Accounting Advice
15 Feb 2017
Small businesses must fully acknowledge items such as Gross Profit, Net Profit and EBITDA to fully understand how they performed. In this article we explain them to ensure that you understand what is being referred to when reviewing your business year…
Accounting Advice
12 Jul 2016
Online accounting could be just the ticket for cash-strapped, time-poor startups.
Accounting Advice
29 Apr 2016
One of the perks of having your own business is being able to make expense claims. But don't be caught out on expenses you can't claim. Be sure to check our list before you do:
Accounting Advice
31 Mar 2016
Five things small business owners (probably) didn’t know about their small business’s statutory accounts.
Accounting Advice
12 Nov 2015
While small business accounting can be intimidating for some business owners, there are a number of short, cost effective accountancy courses entrepreneurs can study themselves to help them get to grips with their company's finances. Is this wise or should you handover to an accountant and focus on growing your business?
Accounting Advice
07 Sep 2015
One of the most common problems faced by small business owners is knowing how and when to extract money from their business. And most importantly, how do you record personal withdrawals from your company in the most tax efficient way?
Accounting Advice
28 Apr 2015
70% of 500 businesses with 1-57 employees say they ‘don’t know who to turn to’ for support with auto-enrolment’, and, according to AccountingWeb, ‘A vast number of those are expecting their accountant or payroll bureau to come to the rescue’.
Accounting Advice
20 Jan 2014
We proudly announced last week that we have just become official partners of Xero; online accounting software tailored to modern business requirements.
Accounting Advice
10 Dec 2013
Switching accountants is often easier than you think, and we can do most of the admin for you.
Accounting Advice
07 Aug 2013
There are lots of different definitions of profit. Find out how to make sense of them.
Accounting Advice
13 Jun 2013
It's a rite of passage. After years of doing battle with increasingly uncooperative spreadsheets, the time finally comes to grasp the nettle and move your business to a purpose built accounting package. We review the options here.