Research suggests that 50% of employees will simply walk away if two or more payroll errors are made. Less well reported is the catalogue of penalties that can result from not correctly navigating the minefield of...
If your business is VAT registered and imports goods or services into the UK, you could benefit from postponed VAT accounting. In this article, we’ll look at what post VAT accounting means, how it works, and the...
Administering the company payroll can take up a disproportionate amount of time for small businesses. Even running a payroll for a few employees can entail a significant...
Xero is a powerful and intuitive accounting platform designed to streamline financial management for businesses of all sizes, and comes with a wealth of features including...
If you’ve been toying with the idea of starting a new business but are still looking for the perfect moment, then there’s no better time then now. With the economy on the verge of...
When shopping around for an outsourced accounting service for your business, it’s good to have a range of questions in mind to help you assess whether their service is right for...
Most SMEs do not employ a finance director, for the simple expedient that it is not financially viable to do so. However, a finance director (FD) is often worth his or her weight...
Running a small business is partly like a dance, and partly like a game of chess. In some respects, every move must be carefully planned, and having a strategic vision for your...
Financial accounting and management accounting are two key parts of financial best practice for businesses of all sizes. In this article, we’ll look at the main difference between...
Choosing the right accounting software for your business model is crucial to its success story. For established SMEs, the choice usually comes down to a two-horse race between...
