Blog

Taking a break Maximising Relaxation and Minimising Stress

Efficient Vacation Planning for Small Business Owners As a small business owner, you work tirelessly to ensure the success of your company. However, taking a break and recharging is essential for your well-being and the long-term sustainability of your business. Efficient vacation planning allows you to enjoy quality time away while ensuring the smooth operation … Read more

The Power of a Great Bookkeeping and Accountancy Team

great bookkeeping and your business Being self-employed or running a small business can be a rewarding endeavour, but it also comes with numerous responsibilities and challenges. One critical aspect that often gets overlooked is effective bookkeeping and accounting. Having a skilled and reliable bookkeeping and accountancy team behind you can make all the difference in … Read more

Are you maximising your tax deductions?

As a business owner, maximising tax deductions is an essential part of managing your finances. Here are some of the best tips for maximising tax deductions for UK businesses in 2023. keep accurate records Keeping accurate records of all your business transactions is critical in ensuring that you can claim all the deductions you’re entitled … Read more

Have you checked your National Insurance record yet?

Have paid the correct amount of contributions? As we approach the end of the financial year, it’s important to check your National Insurance records. This is to ensure that you have paid the correct amount of contributions. Your National Insurance (NI) contributions are important because they determine your eligibility for certain benefits, such as the … Read more

How do you know if you are choosing the right accounting software for your business?

man selecting accounting software

Choosing the right accounting software. With so many options out there, it’s obvious that recommendation plays a big part in the software you choose. However, the recommendations you receive may be coming from people who have needs very different to yours! So what are the other factors you need to consider? Number 1 – Types … Read more

Artificial intelligence software – is it wise to put your books in the hands of AI?

AI image of a human face

Will AI replace accountants? Will AI replace accountants? No! It’s highly unlikely for AI to replace the need for your friendly neighbourhood accountant, although it does have a huge impact in the accounting and finance world. Artificial intelligence (AI) is dramatically changing our world. In many ways, it has already become part of the fabric … Read more

The Bounce Back Loan

do you have a ticking time bomb with your bounce back loan? In recent weeks, The Insolvency Service and Government have revealed that the Bounce Back Loan – AKA the Recovery Loan Scheme. This is an initiative originally devised to help businesses survive the pandemic- has been significantly exploited and misused. Let’s take a look … Read more