Could Your Business Benefit from a Portfolio Financial Controller?
Managing your company’s finances effectively is crucial at every stage of growth but that doesn’t always mean hiring a full-time financial controller. For many small to medium-sized businesses, a portfolio financial controller can offer the perfect blend of expertise, flexibility, and cost-effectiveness. So, what exactly does this role involve and...
Why is Good Communication in Accountancy Important?
One of the main themes in accountancy that keeps coming up for me is good communication. The value of an accountant isn’t just in their number-crunching abilities, but in their ability to communicate with you, the client, about what is happening within your accounts and any liabilities that are due....
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...
