With the new tax year fast approaching, many businesses are beginning to prepare for the changes introduced by Making Tax Digital (MTD). From April, sole traders…
With the Self Assessment deadline of 31 January just around the corner, HMRC is alerting taxpayers to a rise in scams targeting individuals at this time of year.…
For many sole traders and small business owners, reviewing their accounting system only happens when something forces the issue. For instance, many sole traders are…
These days, it’s inevitable that a diverse group of older and younger workers cross paths in business.
After all, the young, tech-savvy, socially conscious demographic known as Gen Y are…
There are two schools of thought when it comes to “open book management” – the decision to increase transparency by sharing your company’s financials with your employees.
On the one…
Most small business people would agree that their Profit and Loss account (now more correctly called a Statement of Financial Performance) is among the easier – if not the easiest…
Starting a new business is exciting, but it also comes with its fair share of responsibilities. One of the most critical responsibilities is maintaining accurate records of your business transactions.…
The words ‘personal brand’ are still somewhat controversial, and carry an unfortunate cast of self-promotion and vanity. The truth is that personal branding is more important than ever in the…
If you have been lucky enough to encounter generous people, you understand that they have a truly unique gift for garnering the respect and admiration of individuals around them. When…