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…
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…
Are you looking to set up a Limited company? A limited company is a company ‘limited by shares’ or ‘limited by guarantee’. Read on to learn more. Limited by Shares Limited by shared companies tend to make a profit. Ultimately…
Are you a small company struggling with time to keep up with your bookkeeping? As a small business time is of essence and cash flow can be tight but budgeting well and incorporating an accountant into that budget could save…
While many large businesses have dedicated accounting departments, we know that small businesses often don’t have the same facilities. That’s why expense management is so important for small businesses to get right, as it provides easy savings that will make…