Many self-employed professionals and small business owners take the same approach to their taxes as they did to their assignments at university: ‘if it’s not due day tomorrow, it’s not do day today.’ Let’s be frank:...
The world needs the innovation, dynamic energy, and enthusiasm that SMEs offer, so you deserve to be empowered to achieve your organisational goals. However, maintaining consistent financial accuracy can be a challenge,...
You need to look for every opportunity to safeguard your organisation. SMEs are especially vulnerable, with up to 50% failing in the first year. Often, this is due to errors in...
Many business owners are already familiar with the go-to list of helpful things that accountants can do. Regulatory compliance, financial reporting, managing cash flow,...
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...
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...
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...
Payroll is one of the most important business functions in any company, as it ensures that employees receive accurate, timely payment for their work and that the organisation...
Accounting, by its very nature, involves the handling and processing of vast amounts of sensitive data relating to the financial status and health of a business. Data security,...
