Autumn Statement 2023: Everything accountants needs to know
On November 22nd, chancellor Jeremy Hunt delivered the autumn statement 2023 to the House of Common. The announcement focused on reducing debt, cutting tax, and backing British businesses. During his presentation, the chancellor introduced a several changes in attempt to grow the economy and reduce debt. Today, we look at these changes and explain what…
Invoicing tips for small businesses
Keep reading to discover how our invoicing tips can help your small business maximise cashflow. Small businesses and small business owners need to create and issue invoices to ensure they get paid by customers and clients. Invoicing and billing are crucial to the success and stability of a small business. Incorrect or late invoicing can…
How to prepare your business for the new year
The new year is just a few months away and now is the perfect time to begin preparing your business for 2024. As the end of 2023 draws near, it is exciting to look back on what you have achieved this year and celebrate another year in business. But it is equally as important to…
World Savings Day: Protecting the future of your business
Keep reading to find out how you can protect the future of your business on World Savings Day. Thinking about the future and saving money is important for businesses. It is wise to have a financial plan in place not only to protect your business from unexpected costs but to also prepare for growth and…
Why hiring an accountant is an investment in your business?
Hiring an accountant can play an important role in the supporting of your business. They offer a range of accounting services, from tax planning to finance management. Choosing to outsource to an accountant is a great investment in your business and can be invaluable to keep ahead of competitors and identify opportunities for growth. If…
How to check if you need to file a tax return 2023
This guide will explain what is Self Assessment and how to check if you need to send a Self Assessment tax return to HMRC. What is Self Assessment? Self Assessment is way of paying income tax to HMRC. The idea of Self Assessment is that you are responsible for completing your tax return for the…
How can outsourced accountants scale large businesses?
Outsourced accountants can help scale large businesses by providing specialised financial advice, cost-efficient effective solutions, and scalable services. Accountants are not just limited to working with small and start-up businesses. While large organisations often have an accountancy team in-house, having an external team of expert accountancy advisors can allow businesses to access expertise and specialised…
What is National Payroll Week?
It’s National Payroll Week (NPW)! But what is National Payroll Week, who celebrates it, and why? If you’ve never heard of National Payroll Week before but would like your company to celebrate this year, keep reading. This blog will answer everything you need to know about National Payroll Week and includes some simple yet effective…
3 Benefits of a business savings account
Saving money is just as important for businesses as it is individuals. And while small businesses may not be able to actively fund a savings account, it’s important to practice good money management. Some banks offer high-interest savings accounts for businesses that allow you to earn a little extra money on your savings. So having…
Top 3 challenges every small business owner faces
Read this blog to discover the solution to the top three challenges every small business owner faces. Finding customers, money management, lead generation- there are so many challenges that small business owners face. These common challenges can be concerning for small businesses and can even threaten their chance of survival. Luckily, every problem can…
5 Statistics every business owner needs to know
Read this blog to discover five important statistics that every business should know. Over the last 15 years, running a business has been tough. There have been a number of challenges that have disturbed the business landscape including Brexit, the cost-of-living crisis, the Coronavirus pandemic, and the great recession. Despite this, businesses continue to fight…
What affects your business credit score?
A business credit score provides credit agencies, loan issuers and other types of financial vendors with a general insight into how much of a risk you are when it comes to borrowing money. Businesses of all shapes and sizes frequently find themselves in a position where they need a cash injection at some stage in…
