Beyond the Numbers: Why a Great Accountant is Worth Every Penny (and 5 Reasons to Switch)
For freelancers, sole traders, and small company directors, accounting is often a word that triggers a mild sense of dread. It conjures up images of
News & Resources
Managing Your Director’s Loan (Without the Tax Headache)
For many directors of close companies (companies controlled by five or fewer shareholders), the lines between personal and business finances can sometimes blur. It’s easy
Think Dividends are Cheaper? Why Family Businesses Need to Rethink Payroll in 2026/27
If you run a family-owned limited company, you have probably spent years relying on the classic “low salary, high dividend” strategy to save tax. For
MTD for Income Tax: 5 Common Myths Busted (plus the 2026 Soft Landing and bridging software explained)
Making Tax Digital (MTD) for Income Tax officially arrived on 6 April 2026 for many UK sole traders and landlords. If your qualifying income is over £50,000, you
How to move from spreadsheets to accounting software with ease: step by step guide
With MTD ITSA (Making Tax Digital for Income Tax Self Assessment) in place now, a lot of UK taxpayers are looking to move away from
HMRC Making Tax Digital 2026: Moving away from Spreadsheets: Honest Software Comparison
Looking at Xero, Quickbooks and Freeagent software solutions Moving from spreadsheets to accounting software is often the biggest productivity win a UK business owner can
The Hidden Turnover Trap – Overseas Purchases and VAT registration threshold
VAT registration threshold is currently set to £90,000 however, it’s not only your revenue that you need to look at when determining if you have
Beyond the Shift: Mastering IT Revenue Control in 2026
Revenue recognition criteria are changing from 2026 – do you know how it affects your businesses and tax? Our accountants prepared an easy to digest
Brief But Specific Guide to Making Tax Digital for Income Tax
WHO needs to prepare and WHEN? Making Tax Digital (MTD) is HMRC’s major initiative to modernise the UK tax system by replacing annual paper-based returns
We are the winners!
Accountancy Practice of the Year 2022 – Birmingham So happy to announce we have won the Worldwide Finance Awards 2022 held by Acquisition International in
What is cloud accounting?
Since we get quite a few people asking what cloud accounting is, we have decided to write an article explaining the term and summarising its
Spreading your January self-assessment payment
Time-to-pay arrangement explained As we start to recover from the worst effects of the Covid 19 Pandemic, many owners, directors and self-employed individuals remain concerned
How to declare dividends right?
Learn legal aspects of dividend declaration Dividends are a very common way to distribute profits of a business. They are declared by directors and paid
Best ways to withdraw profits from your company
What is the most tax-efficient way for business owners to pay themselves? Limited companies are separate legal entities from their owners therefore profits cannot be
Would cash basis accounting suit my business?
Pros and cons of cash basis and who can use it The most common accounting method is accrual. The Financial Reporting Standards require limited companies
Self-Assessment – Who needs to file a tax return? What are the Self-Assessment tasks and deadlines?
Self-Assessment demystified Some of us have all of their tax collected at source and don’t need to get involved with the taxman. Others, who fall
How to take advantage of the increased Annual Investment Allowance and avoid its pitfalls?
Now is a really good time to invest in your business, but you need to do it wisely! The Annual Investment Allowance went up from
How does National Minimum Wage apply to sleep-in shifts?
Are your employees entitled to pay for the time they were asleep? Following the court ruling in Royal Mencap Society vs Tomlinson-Blake case, significant changes
Stuck with a bad accountant?
You don’t have to – changing accountants is easy and can be done in just a few steps. Here’s what you need to do: 1.
Payroll – Key Tasks and Deadlines
What every employer needs to know Employing somebody comes with a lot of responsibilities.You, as an employer, are obliged to calculate and collect tax, National