by Hannah Adams | Jul 23, 2019 | Bookkeeping, cloud software, Limited company, Small business, Sole Trader
In the fast-paced technology age we’re in, we expect to find the answer to every problem with a quick Google search or the use of an app. The same goes for businesses and their accounts. However, bookkeeping didn’t start out this way. It was a tiresome and manual... 
by Hannah Adams | May 21, 2019 | Blog, Small business, Sole Trader
Picking the right accountant is important, as their advice can make or break your business. Incorrect planning for cashflow and out of date records for tax purposes can spell disaster. For example, inappropriate tax schemes and inadequate planning for VAT. Your... 
by Hannah Adams | Apr 25, 2019 | Accountant, Blog, Bookkeeping, Limited company, Small business, Sole Trader
The question ‘why is forecasting important?’ gets Googled over 100 times a month, with the search results full of articles about the obvious benefits of accurate forecasting. The problem is, these articles don’t really help business owners understand exactly how their... 
by Hannah Adams | Mar 6, 2019 | Accountant, Blog, Bookkeeping, Small business, Sole Trader
Profit has grown for the last three quarters… Revenue is up year-on-year… Overall profit margins have increased for the fourth month running… The statements above point to the logical conclusion that a business is in good stead financially. Profit... 
by Hannah Adams | Jul 12, 2018 | Making tax digital, Self Assessment, Small business, Sole Trader, Tax, tax returns
Life as a small business has many perks, but doing your own taxes sure isn’t one of them. Indeed, a recent report commissioned by the Government named tax one of the top challenges faced by small businesses in the UK. And it isn’t hard to understand why.... 
by Hannah Adams | Apr 9, 2018 | Limited company, Self Assessment, Sole Trader, Start ups
Employed by yourself (self employed) means different things to different people. The starting point is what HM Revenue & Customs (HMRC) thinks of your situation. HMRC has many tests that you will need to meet to pass as someone who is truly self-employed. You are...
