Stay informed with the latest news and advice from Pearl
Annual Accounts vs Annual Returns: A Beginners Guide
The annual accounts, consist of the following: balance sheet, profit and loss account, the statement of changes in equity for the year, the cash flow statement, and memory. It is a single document that must be written clearly and according to the regulations...
read more
Why MoneyPenny is your new business partner!
The 21st century is full of mind-blowing technological advancements. Whether it is asking Alexa to play your favourite song or letting Siri guide you to your destination; artificial intelligence has taken over the world. So, in a world where communication has reached...
read more
The top 10 Tax saving tips for landlords
Landlord businesses are shared all over the UK, as property prices continue to surge across different cities and districts in the country. Many landlords gain financial freedom due to capital gains, and they are also liable to pay taxes on every form of income that...
read more
3 Ways To master Healthy Cash Flow Without Breaking A Sweat
Cash flow is one of the leading indicators of the financial status of your business. It is the one that reflects the liquidity of your trade, and its essential utility is to ensure the best possible use of money. One of the biggest challenges of accounting...
read more
10 Ways to Build A Vibrant Company Culture
A well-defined marketing strategy, massive investments, and excellent products are not the only elements that need to take your business up. Employees are the backbone of your business; if they are not working according to the core values and principles, then what’s...
read more
What is Corporation Tax? A Small Business Guide
The corporate income tax is one of the central taxes that you have to pay if you are running a business. It is a critical piece in the fundamental decision-making process. It affects many decisions when businesses emerge into the market. Among these, there are...
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The Ultimate Tax And Accounting Tips For A Creative Agency
Very few people like to waste their time writing down records, looking for bills or matching numbers. However, this is necessary if you want a company to strive. The past accounting process for creative agencies determine the success or failure of the present and...
read more
Top 10 tips for Contractor’s working inside IR35
Before understanding what exactly one requires to do being inside IR35, it is essential to know what IR35 is. Since it is a relatively new UK legislation, many UK companies find it challenging to understand the whole ruling as well as the key terms associated with it....
read more
A beginner’s guide to completing your first Self Assessment
Completing your first self-assessment tax return remains a tedious task. Many UK citizens do not dare to do so until and unless they are sure of it. However, it is a necessity now, and you need to keep your accounts fair before the HMRC. It is easy to know what to do...
read more Top 10 tips for Contractor’s working inside IR35
Before understanding what exactly one requires to do being inside IR35, it is essential to know what IR35 is. Since it is a relatively new UK legislation, many UK companies find it challenging to understand the whole ruling as well as the key terms associated with it....
read more
The Importance of Accounting in The Healthcare Industry
The accounting department can be considered the backbone of any institution that has to deal with funds. Consequently, it plays a significant role in the medical office, allowing it to work at its true potential. An accounting department is essential for any...
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How To Successfully Attract New Customers
Managing a business requires you to attract new customers all the time as its always risky to stay dependent on the existing one. There is no formal contract with the customers, and you can lose them anytime, even if they are loyal. So, it becomes essential for...
read more
How to win back lost customers
On the off chance that you know why customers leave, it's a lot simpler to win them back. Here are the top reasons why clients may quit working with you: They were charmed away by a contender promising better costs, better administration or some other advantage.Their...
read more
How to Change from a Sole Trader to a Limited Company
It’s common for many business owners, to begin trading as a sole trader rather than a limited company. Sometimes, working as a sole trader suits the business model of your new start-up. So, being a limited company never really crossed your mind. Generally, for...
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New Tax Year Changes 6th April 2019 – What Should I Be Aware Of?
This new tax year ought to be an interesting one, as it looks likely that it will occur a few days after the UK crashes out of the EU at the end of March, which could have interesting economic effects just before everyone is heading off to do their personal tax...
read more
Making Tax Digital for VAT
From April 2019, if your taxable turnover exceeds the VAT threshold of £85,000, you need to keep your VAT business records digitally and submit your VAT return via compatible software. Here at Pearl Accountants, we work with many different systems which are great for...
read more
Used to be with KPMG Small Business Services? Choose Pearl Accountants!
Just a few days ago, The Business Desk reported that KPMG small business is closing down, leaving thousands of former KPMG small business clients with no small business accountants to turn to. The company’s SBA Service, which launched only 5 years ago, will soon cease...
read more
How to choose the right Accountant
Top tips to Find an Accountant Choosing an accountant is an important step when growing your business, as choosing a good accountant could be essential for growing your business at a sustainable rate whilst ensuring that you fulfil your tax obligations with HMRC....
read more
Freelancing as a second job what tax do I pay?
There are very few people out there who start to freelance full time and quit their regular jobs. In most cases, people take up freelancing as a side job while doing their daily job. Once they develop a firm footing in freelance work, only then they move it to full...
read more How To Successfully Attract New Customers
Managing a business requires you to attract new customers all the time as its always risky to stay dependent on the existing one. There is no formal contract with the customers, and you can lose them anytime, even if they are loyal. So, it becomes essential for...
read more
How To Deal With Painful Customers
Every entrepreneur has to face clients. How they handle the clients depends upon their communication and leadership skills. They might be good at handling all clients, but there are always customers who are just plain right rude and painful to interact or...
read more How to win back lost customers
On the off chance that you know why customers leave, it's a lot simpler to win them back. Here are the top reasons why clients may quit working with you: They were charmed away by a contender promising better costs, better administration or some other advantage.Their...
read more New Tax Year Changes 6th April 2019 – What Should I Be Aware Of?
This new tax year ought to be an interesting one, as it looks likely that it will occur a few days after the UK crashes out of the EU at the end of March, which could have interesting economic effects just before everyone is heading off to do their personal tax...
read more Making Tax Digital for VAT
From April 2019, if your taxable turnover exceeds the VAT threshold of £85,000, you need to keep your VAT business records digitally and submit your VAT return via compatible software. Here at Pearl Accountants, we work with many different systems which are great for...
read more Used to be with KPMG Small Business Services? Choose Pearl Accountants!
Just a few days ago, The Business Desk reported that KPMG small business is closing down, leaving thousands of former KPMG small business clients with no small business accountants to turn to. The company’s SBA Service, which launched only 5 years ago, will soon cease...
read more How to choose the right Accountant
Top tips to Find an Accountant Choosing an accountant is an important step when growing your business, as choosing a good accountant could be essential for growing your business at a sustainable rate whilst ensuring that you fulfil your tax obligations with HMRC....
read more
Top Tips to Filing Your Self-Assessment
Successfully file your Self-Assessment if you are self-employed or run your own business using these top tips. Check the Tax Year for Filing Check with your accountant to ensure that you know the start and end dates for your self-assessment. This year’s filing covers...
read more Annual Accounts vs Annual Returns: A Beginners Guide
The annual accounts, consist of the following: balance sheet, profit and loss account, the statement of changes in equity for the year, the cash flow statement, and memory. It is a single document that must be written clearly and according to the regulations...
read more Why MoneyPenny is your new business partner!
The 21st century is full of mind-blowing technological advancements. Whether it is asking Alexa to play your favourite song or letting Siri guide you to your destination; artificial intelligence has taken over the world. So, in a world where communication has reached...
read more The top 10 Tax saving tips for landlords
Landlord businesses are shared all over the UK, as property prices continue to surge across different cities and districts in the country. Many landlords gain financial freedom due to capital gains, and they are also liable to pay taxes on every form of income that...
read more 3 Ways To master Healthy Cash Flow Without Breaking A Sweat
Cash flow is one of the leading indicators of the financial status of your business. It is the one that reflects the liquidity of your trade, and its essential utility is to ensure the best possible use of money. One of the biggest challenges of accounting...
read more 10 Ways to Build A Vibrant Company Culture
A well-defined marketing strategy, massive investments, and excellent products are not the only elements that need to take your business up. Employees are the backbone of your business; if they are not working according to the core values and principles, then what’s...
read more The Ultimate Tax And Accounting Tips For A Creative Agency
Very few people like to waste their time writing down records, looking for bills or matching numbers. However, this is necessary if you want a company to strive. The past accounting process for creative agencies determine the success or failure of the present and...
read more A beginner’s guide to completing your first Self Assessment
Completing your first self-assessment tax return remains a tedious task. Many UK citizens do not dare to do so until and unless they are sure of it. However, it is a necessity now, and you need to keep your accounts fair before the HMRC. It is easy to know what to do...
read more
How to Get Started with Payroll for A Small Business
With business comes the act of employing people. Employing people becomes inevitable as you can’t go on for long as a one-person army. There is going to be a point where you will need help. Therefore, it is essential that you master Payroll, given how vital it is for...
read more
When to hire an accountant – Small business guide
Small business or large, hiring an accountant becomes the basic need for most companies at some point along the journey. Let's first see when it would be a good idea for your small business to hire a bookkeeper. To set up a corporate structure ...
read more Why MoneyPenny is your new business partner!
The 21st century is full of mind-blowing technological advancements. Whether it is asking Alexa to play your favourite song or letting Siri guide you to your destination; artificial intelligence has taken over the world. So, in a world where communication has reached...
read more 3 Ways To master Healthy Cash Flow Without Breaking A Sweat
Cash flow is one of the leading indicators of the financial status of your business. It is the one that reflects the liquidity of your trade, and its essential utility is to ensure the best possible use of money. One of the biggest challenges of accounting...
read more 10 Ways to Build A Vibrant Company Culture
A well-defined marketing strategy, massive investments, and excellent products are not the only elements that need to take your business up. Employees are the backbone of your business; if they are not working according to the core values and principles, then what’s...
read more The Ultimate Tax And Accounting Tips For A Creative Agency
Very few people like to waste their time writing down records, looking for bills or matching numbers. However, this is necessary if you want a company to strive. The past accounting process for creative agencies determine the success or failure of the present and...
read more
Sacrifices an entrepreneur needs to make when starting up his/her business
Everyone who steps into the business world brings in their own ideas and dreams. The best part of being an entrepreneur is that everything is under your control. If you follow the right path, invest your time and effort, you can do wonders for the business and...
read more How To Successfully Attract New Customers
Managing a business requires you to attract new customers all the time as its always risky to stay dependent on the existing one. There is no formal contract with the customers, and you can lose them anytime, even if they are loyal. So, it becomes essential for...
read more How To Deal With Painful Customers
Every entrepreneur has to face clients. How they handle the clients depends upon their communication and leadership skills. They might be good at handling all clients, but there are always customers who are just plain right rude and painful to interact or...
read more
When should you have a business partner?
Your business is something you treat like a baby. It came to life because of you and because you looked after it throughout this time. It is a moment of pride for you every time you see it grow and prosper. You get the validation by sharing about its success with...
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When Should you get your first employee?
Every entrepreneur who gets exhausted and stressed believes he needs a hand to help him run the business. It is believed that the addition of an employee will cut down the work hours as well as get out time to be spent on other higher-level tasks such as focusing on...
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