Creating a budget for your business is always one of the first steps when building a business and is crucial to ensure financial stability and growth. A well-planned budget can help you track expenses, manage cash flow, as well as…
The UK government is planning to increase the amount of money that workers can save in their pension funds without having to pay extra taxes. Currently, this amount is £1.07 million over a person's lifetime, but it is expected to…
Internet banking, also known as online banking or e-banking, has revolutionized the way people manage their finances. With internet banking, you can perform a wide range of banking transactions from the comfort of your home or office, without the need…
Hiring an accountant can be beneficial for individuals and businesses in a variety of circumstances. However, we understand it can be difficult to recognise when an accountant is needed, especially when you’ve never needed one before. Here are some situations…
A payslip is a document that details the amount of money an employee has earned in a given period of time, usually one month, and the deductions that have been made from their pay. Understanding your payslip in depth is…
Your self-assessment tax deadline for 2023 (for income earned in 2021-22) is 31 January 2023 at midnight without receiving a penalty. But don’t use this as an excuse to leave it till the last minute - you’ll end up pulling…
This is essential information for any VAT periods starting on or after 1 January 2023. Being aware of these changes can save money and avoid problems when it comes to submitting a VAT return. HM Revenues and Customs are replacing…
Pensions are not talked about enough and over half of the British population admits to either not saving for a pension or not saving enough for the retirement they dream of. Auto-enrolment (made law in October 2012) was put in…
Christmas is a happy but stressful time of year and stress could be at an all-time high this year after rising energy bills and food prices. This has caused many to rethink their seasonal spending this year and become more…
Everything costs money so when it comes to taking your business to the next level you may need help from some investors. Investors can be so valuable for small businesses but they’re not easy to come across, especially one that…