• salary sacrifice small business

    Salary Sacrifice explained for small business owners

    A salary sacrifice is something that many employees could be taking advantage of but through lack of knowledge, or sheer hesitation, they’re missing out on the benefits. 

  • small business accountant

    Top 10 tips for choosing a limited company accountant

    Most small limited company owners say that their accountant is their most valuable advisor; a good accountant will keep your books in order, help with tax planning, and will ensure that you meet all your…

  • contractor accountants

    Top 10 tips for choosing a contractor accountant

    If you do a quick Google search for the term “contractor accountant”, you may be surprised to see just how many companies claim to be specialists in this sector. With so many companies to choose from, how do you know which ones will provide you with the best service?

  • what is turnover

    What is ‘turnover’ and how do you calculate it?

    Turnover is one key indicator and profit another although the two are not be confused. Our quick guide will explain exactly what turnover is, why it matters, and how to differentiate it from profit.

  • Limited company annual accounts – when are they due?

    Every limited company must submit accounts to HMRC and Companies House each financial year. In this article, we look at what statutory accounts are, and how to work out your filing deadlines.

  • accounting and book-keeping options small business

    Do you need an in-house accountant or bookkeeper?

    At some point in your journey as a small business, you’ll probably come across a common dilemma – you need an accountant. But what’s the best solution for your business? Should you hire an in-house…

  • Guide to bookkeeping for new business owners

    If you’re starting a new business, then the bookkeeping requirements are unlikely to be at the forefront of your mind. At this stage there are more pressing things for you to think about. However, once…

  • paye nic deadlines

    Annual and Monthly PAYE and NIC tax deadlines for small businesses

    The table below highlights some of the key dates to look out for when making income tax and NIC payments to HMRC. Chances are, your accountant will be well aware of all tax deadlines, however…

  • setting up accounts

    Setting up accounts for a sole trader – a beginner’s guide

    If you decide to work for yourself and begin trading as a sole trader, (self-employed) you will need to set up your accounts to record your income and expenses. In order to do this, you will…