Cash Flow Forecasting With ever-increasing supplier prices and inflation at a 30 year high, managing your business’s cash flow is an essential tool in maintaining resilience and being able to adopt flexible strategies for success. Fund flows are a reflection of all the cash that is flowing in and out of a business. Owners can […]
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What is the benefit of Xero accounting software for a small business? Over two million people worldwide use Xero cloud accounting software. Xero benefits for small businesses include online access from anywhere, unlimited users, data security, and integration with hundreds of other apps. Small businesses can access state-of-the-art online software for a small payment per
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We have come across quite a few people over the last 15 years attempt to do their limited company accounting themselves to save a small amount of money on accountancy fees. While it may be sensible if you are a sole trader to learn how to do bookkeeping and file your tax returns, trying to
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Is it better to trade as a sole trader or a limited company? Many startups start as a sole trader and later incorporate (move the sole trader business into a newly formed limited company). Many articles on the internet discuss the advantages and disadvantages of trading as a sole trader vs. a limited company. Most
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Optimising salary and dividends for shareholders in an owner-managed Limited Company isn’t rocket science. However, many Limited Company owners are still paying themselves large PAYE salaries, potentially costing them thousands of pounds in unnecessary National Insurance payments every year. Every Company owner should be checking that they have optimized their salary and dividends every year
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Top Ten Things An Accountant Can Do For A Small Business When setting up their dream small business, the last thing on most people’s minds is hiring an accountant. Entrepreneurs tend to be busy thinking about their new product or service, branding, sales and marketing, and how they will deliver their new service. They are
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