The current economic climate is less than favourable for small and medium-sized enterprises (SMEs).
Category Archives: SMEs
How the King’s speech could affect your business finances
His Majesty the King’s speech, at the state opening of Parliament, is a significant event for businesses and financial professionals who rely on Government regulation to function effectively and within the law.
Everything you should know before becoming a sole trader
Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.
What businesses need to know about recent updates to payroll
The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements.
A look at the scalability of in-house vs outsourced accounting
As a business grows, its accounting needs become more complex and time-consuming.
How will the new Procurement Act benefit SMEs?
The recent Royal Assent of the Procurement Act marks a significant milestone in the evolution of public procurement.Continue reading
Understanding loss carry-back claims
In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.
Why you should use double-entry bookkeeping in your business finances
The term “double-entry bookkeeping” is often mentioned as a cornerstone for managing a business’s finances.
How management accounts can help your business
Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they work?
Secure your financial future – Plan ahead and send Self-Assessment returns early
Recent data from HM Revenue and Customs (HMRC) reveals a significant trend – an increasing number of UK taxpayers are filing their Self-Assessment tax returns within the first week of the new tax year.