Tag: SME

5 start up accountancy tips for 2022

5 start up accountancy tips for 2022 | 3 minute read The New Year is the perfect time to seize new opportunities, follow your dreams and start your own business. In the past two years, thousands of entrepreneurs have already taken a giant leap of faith and began their start up journey. And, although launching…

Reasons you should hire a small business accountant in 2022

Thinking of hiring a small business accountant in 2022? Read on. Running a small business can be incredibly challenging, especially when it comes to getting your business of the ground, maximising exposure, gaining funding to grow and ensuring that you do not overspend during those early days. And, from the moment you set up your…

What are the tax rules around staff Christmas parties?

It’s that time of year again. As we all start to wind down towards Christmas, many businesses are Christmas parties and festive gatherings!If you’re planning a Christmas party – either virtual or in person – it’s important you understand the tax rules and exemptions around staff parties. Of course, it’s worth noting that these rules…

The small business guide to managing cash flow

As a small business, your cash flow can make or break your business. In fact, according to research: Cash flow is the number one reason for business failure amongst start-ups 78% of all UK SMEs that are owed money are forced to wait at least one month beyond their agreement terms for payment 52% of…

How much is it to set up a limited company?

How much is it to set up a limited company? A record number of businesses have been set up during Covid-19, with more people than ever before make their dream of launching a business and doing what they love a reality. According to analysis conducted by the Centre for Entrepreneurs, 500,000 companies were launched in…