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Where a lot of self-employed people struggle is in keeping their accounting records in good shape. Without a doubt, this process can feel overwhelming and confusing but this does not…
The self-assessment system frequently lacks the clarity needed to enable taxpayers to complete their returns with relative ease. Jay Vala has some suggestions for improvement. According to HMRC, 12m taxpayers…
Obtaining new clients is great for your business. Unless, of course, they fail to pay your invoices. Here are some tips for ensuring that you get the credit control process…
Put simply, accounting is the profession of analyzing, interpreting and communicating the financial information of a company or individual. WHY IS ACCOUNTING IMPORTANT? Accounting is important in determining whether your business…
Year-end refers to the end of your company’s accounting period. It is also known as an accounting reference date for limited companies. This is when you close your accounting period…
Finances can make or break any business, which is why it’s so important to have a quality outsourced partner in your accountant. How do you know you when you’ve struck…
Your accounting information can support your business’s growth in a dramatic way. You have to be using it in the right way! The first step to using your accounting information…
‘Doing the books’ is often a task dreaded by business owners. The creative, risk-taking traits that entrepreneurs are known for (and excel at) do not always bode well with the…
The medical industry in the UK has progressed drastically over the past few years and the role of finance in the healthcare industry has never been more critical than as…