Payroll is an essential part of any business, at the end of the day, people want to get paid! Getting the process accurate and on time is important in keeping and boosting employee morale - payroll is how you reward…
If you’re a contractor or sole trader, you may have considered what the next step of your career may be. Setting up a limited company is thought to be the most tax efficient way of working and if you’re in…
The words ‘financial audit’ can cause panic to ripple throughout an office, no one likes the thought of going through an audit! However, although this is not always a pleasant experience, there are ways to make it easier to handle,…
IR35 is a tax legislation that is designed to stop tax avoidance by workers, such as contractors, who supply services to their clients through an intermediary. IR35 has been around since 1999 and if you are a genuine contractor or…
We, as accountants, love our job and are fully versed in everything that we do. However, we’re aware that sometimes our clients do not understand the terminology of the accounting terms that we use. We see puzzled faces or hear…
When thinking about starting a business, there are the obvious things to consider which you’ll need to organise prior to moving forward with any business idea. The main point will be the costs involved with starting a business. What are…
If you’re thinking about going self-employed or have recently become self-employed, you may be wondering what expenses you are eligible to claim when submitting your tax returns. This is an extremely common question that we are asked on a regular…
When contemplating starting a business with a friend, ensure that you understand everything that you’re getting into. It can be extremely rewarding but it can also be extremely tough with its own challenges to face. Starting a business with a…
As the owner of a business, you know and understand what direction you’d like your business to go in and no-one else will know that better than you. You will have put much thought and preparation into where you are…
