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Preparing for Making Tax Digital: What You Need to Know

3 days ago

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…

HMRC Warns of Increased Self Assessment Scams Ahead of Jan Deadline

January 19, 2026

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.…

Reflecting on 2025…and looking ahead to 2026!

January 12, 2026

As we enter into a New Year, it’s a natural time to pause and think about how your business has performed over the past year.…

Self Assessment – Spread The Cost!

January 12, 2026

Struggling with your tax bill? You may be able to pay in instalments. While the Self Assessment deadline for filing and paying tax isn’t…

Received a letter from HMRC about MTD (Making Tax Digital)? Here’s what you need to know:

January 5, 2026

HM Revenue & Customs (HMRC) has begun contacting selected taxpayers to outline the steps they need to take ahead of the upcoming Making Tax Digital…

How to Choose the Right Accounting System for Your Business

December 15, 2025

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…

Budgeting and cash flow forecasting: key to your business success

December 4, 20230Comments

In the unpredictable world of business, finding a little certainty can make all the difference. While the future remains a mystery, tools such as budgeting and cash flow forecasting can…

5 Apps for Tracking Small Business Expenses

November 27, 20230Comments

Did you know that 50% of small business expenses are generated on the go? It’s no wonder the majority of expense receipts end up shoved in coat pockets or an old shoebox.…

Baby boomers and millennials in business

November 24, 20230Comments

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…

Should you share your business’ financial performance with employees?

November 20, 20230Comments

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…

Insights from your Profit and Loss account

November 17, 20230Comments

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…

Essential bookkeeping practices for start-ups

November 10, 20230Comments

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.…