How to read a set of management accounts

Jan 03, 2023

In order to grow and succeed, you need to effectively manage your finances and monitor the health of your business. Previously, we looked at what management accounts are and how you can make the best use of them. However, understanding how to ...

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Blog, Business Advice, SMEs

Is your business going for growth? What you need to think about

Dec 21, 2022

You have overcome those initial obstacles to starting a new business and are now trading comfortably. The question is, where do I go from here? Despite difficult economic times, now is the time to consider growing your business. Sales is an obvious ...

Blog, Tax

How the personal allowance works

Dec 19, 2022

Understanding your income tax and personal allowance is important when looking at your finances and how you are taxed. Everyone has a personal allowance, but what does this mean for you? A personal allowance is the amount of money you are allowed ...

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Blog, SMEs

What do you need to know about annual accounts?

Dec 16, 2022

Are you a business owner who wants to gain a more in-depth insight into annual accounts? These accounts are often known as business accounts and are important in order to ensure your business runs successfully. What are annual accounts? Annual accounts provide ...

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How can I make best use of management accounts?

Dec 13, 2022

As a business owner, the financial health of your company plays a key part in every decision you make. Management accounts are a great way to review the financial standing of your company, allowing you to make any necessary alterations and ...

Blog, SMEs

How to grow your business

Dec 09, 2022

Are you thinking about ways to grow your business but are unsure of where to start? Look no further. In this post, we will tell you our top tips on how to get started with growing your business. Concerns you may have ...

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Furnished Holiday Let Tax: What do you need to know?

Dec 07, 2022

A furnished holiday let (FHL) is a particular type of rental property classification in the UK. If your property qualifies as an FHL, it is classed as a ‘trade’ by HM Revenue & Customs (HMRC), meaning you are entitled to various tax ...

Blog, General news, SMEs, Tax

The Christmas gift allowance: how it works

Dec 01, 2022

Are you planning on treating your staff or clients this Christmas? Christmas gifts can be subject to tax, so it is important to understand these tax rules this festive season. Do gifts count as taxable income? Christmas presents paid in cash to ...

Blog, SMEs

How small businesses can navigate the festive period

Nov 29, 2022

For most small businesses, Christmas is the busiest time of the year, having a large impact on yearly revenue. In fact, companies expect to make two-thirds of their annual profits over the festive period, despite current economic uncertainty. According to a recent ...

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Why debt isn’t always bad

Nov 25, 2022

Taking on debt may make you feel worried, but while debts are often viewed negatively, they can actually have many benefits for the future of your business. Debt can help manage cash flow and can also help you achieve your long-term ...

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