Accounting

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◴ 8 min

Internal vs external audit – key differences and benefits

Internal audit and external audit both provide assurance, but they serve very different purposes. The most important distinction for many...

◴ 10 min

A Beginner’s Guide to Completing Your First Self-Assessment Tax Return

What Is Self Assessment? Self Assessment is HMRC’s system for collecting Income Tax from people whose tax cannot be fully...

◴ 7 min

QuickBooks vs. Xero: Best UK Accounting Software 2024

Despite the numerous DIY and business accounting solutions on the market for startups and Limited Companies, two solutions stand out...

◴ 5 min

A guide for UK businesses to claim VAT refunds in EU countries.

What is VAT Value Added Tax (VAT) is the tax that we pay on the purchase of goods or services....

◴ 6 min

The difference: insolvency, liquidation, bankruptcy & administration

When a business is facing financial difficulties, several different options and processes can be pursued to resolve the situation. Insolvency,...

◴ 4 min

Small business rates relief 2022/23

Business rates can be a significant expense for small businesses, especially during periods of economic uncertainty. Fortunately, the UK government...

◴ 4 min

Business Creditors and Debtors explained

In this blog, we will explore the meaning of business creditors and debtors in more detail, their roles in a...

◴ 3 min

Boiler Upgrade Scheme UK

If you own a UK property and are considering upgrading your heating system, now is the time to do so....

◴ 4 min

Guide to National Insurance

National Insurance is mandatory in the UK; it pays for certain benefits and the state pension. Whether you are employed...

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