Understanding Vehicle Expenses
Ever felt confused about claiming tax back on vehicle expenses? If you've ever found vehicle expenses a bit tricky when it comes to tax claims, and you're looking for an accountant in Cambridge or Nottingham to guide you, you're not alone! This blog will help you understand the different costs...
Understanding IR35: What It Means for Contractors
If you’re a contractor or freelancer, you’ve probably heard of IR35. But what exactly is it, and how does it affect you? IR35 is a tax legislation designed to prevent tax avoidance by workers—sometimes called “disguised employees”, who provide services through an intermediary, such as a personal service company (PSC),...
The Differences Between an Accountant and a Bookkeeper
I have come across this question several times in my experience as an accountant, and it’s a common query, especially for small business owners or individuals looking to manage their finances better. Let’s dive in and look at what an accountant and a bookkeeper do and how they can help...
Why Choose an Accountant to Support Your Business?
In this blog, I am going to talk about the five key reasons to choose an accountant to support your business. Let’s dive right in. Tax Returns Your accountant will take care of filing your year-end accounts with Companies House and preparing your tax return. Both of these need to...
The Pros and Cons of Starting Your Own Business
As a business owner myself, I know that starting your own business can be one of the most rewarding experiences of your life. However, it also comes with its fair share of challenges. Whether you're considering launching a small local shop or an online business, understanding the pros and cons...
The Most Common Questions I Get Asked as an Accountant!
Welcome back to my blog! This time, I will be discussing the most common questions I get asked as an accountant. There are three main questions that I get asked by my clients, including: How can I reduce my tax liability? How can I track my business expenses and income?...
Understanding Business Expenses
Running a business involves various costs, and understanding business expenses is crucial to managing your finances effectively. In this blog I will explain what business expenses are and the different types and rules around them. Let’s take a look. What Are Business Expenses? Business expenses are the costs incurred while...
Sole Trader or Limited Company? The ‘Pros’ and ‘Cons’ Guide
What are the pros and cons of being a sole trader or becoming a limited company with your business? If you are on the fence about what to do next, this guide will help you, let’s take a look. What is a Sole Trader? A sole trader is someone who...
How to be ‘Accountant Ready’ for Your Business
As an experienced accountant I have met many small business owners who have got themselves into a financial mess and although I enjoy a challenge and thrive on helping my clients, from a business perspective it’s always ideal to get your accounts in order from day one. This will keep...
How Using a Personable Accountant Can Help Your Business
Welcome to my blog! Today we will be discussing how using a personable accountant can help your business. I pride myself on providing a friendly and personal service to my clients and here are just some of the benefits of having a dedicated and personable accountant by your side from...
