Basic Accounting Skills

Basic accountancy skills go a long way in running a successful enterprise

Basic accountancy skills give startups and growing SMEs the ability to develop reliable, thorough and up-to-date financial records, providing a picture of how the company is doing. Accounting skills are invaluable for all entrepreneurs and these handy articles give you lots of tips and advice on fundamental financial know-how.

Covid-19: How Accountants Can Support SMEs

Covid-19: How Accountants Can Support SMEs

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Covid-19: How Accountants Can Support SMEs

Elizabeth Hughes of Pandle outlines the many ways an accountant can provide practical guidance to help business owners weather the Covid-19 storm

Recent Changes to Corporate Tax Submissions

Recent Changes to Corporate Tax Submissions

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Recent Changes to Corporate Tax Submissions

Tim Pearce of BTCSoftware UK talks us through recent changes to Corporate Tax Submissions that will impact UK SMEs, such as the recently reduced VAT rate for hospitality businesses

Smart Bookkeeping Tips for Small Businesses

Smart Bookkeeping Tips for Small Businesses

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Smart Bookkeeping Tips for Small Businesses

If you run a small business, keeping on top of your accounting and financial transactions is vital. Here are five tips to improve your bookkeeping

The Small Business Guide to Tax

The Small Business Guide to Tax

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The Small Business Guide to Tax

Understanding tax law can be tricky, whether you're a sole trader or a limited company. In this guide for small businesses, we cover all you need to know

A Simple Guide to Accessing Your VAT Returns

A Simple Guide to Accessing Your VAT Returns

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A Simple Guide to Accessing Your VAT Returns

When you apply for a business loan or other type of business funding, a lender might ask to see your VAT returns. Here's how you can access them online

Excel Tips for Business

Excel Tips for Business

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Excel Tips for Business

Microsoft Excel is the world's most important piece of business software. Business owners won't need an accountant with these handy little spreadsheet hacks

What’s an SME?

What’s an SME?

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What’s an SME?

The definition of an SME can vary – we give you the micro, small and medium enterprise business criteria from HMRC, the EU, Companies House and others

Registering Your Business as a Limited Company

Registering Your Business as a Limited Company

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Registering Your Business as a Limited Company

​Being a sole trader may offer you the business structure you want, but it doesn’t give you the protection a limited company gives you.

How to Draft an Invoice

How to Draft an Invoice

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How to Draft an Invoice

When drafting your first invoice, there are a few essential details you must include so you get paid properly. Read our guide to how to draft an invoice

Accountants: Outsourcing vs In-house

Accountants: Outsourcing vs In-house

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Accountants: Outsourcing vs In-house

Looking for an accountant, but unsure whether to outsource or go in-house? We weigh up the pros and cons of both, and evaluate cloud solutions such as Xero

Are Pay Slips Compulsory?

Are Pay Slips Compulsory?

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Are Pay Slips Compulsory?

It's Pay Day, so where do you stand legally on your current processes? By not providing a pay slip are you breaking the law? Here are the facts...

Mastering the Basics of Financial Management

Mastering the Basics of Financial Management

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Mastering the Basics of Financial Management

There isn't one route to mastering financial management, so we share a few different avenues for expanding your financial know-how including online courses

The Basics of PAYE

The Basics of PAYE

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The Basics of PAYE

PAYE is compulsory for most UK businesses, so it's vital for employers to get it right. We cover the basics of PAYE, including who needs to use it and how

How to Treat Customer Discounts in Your Bookkeeping

How to Treat Customer Discounts in Your Bookkeeping

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How to Treat Customer Discounts in Your Bookkeeping

Whether you're offering discounts to get rid of stock, attract new customers or launch a reward scheme, make sure you record the figures accurately.

Employee Salaries: Standard Rates

Employee Salaries: Standard Rates

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Employee Salaries: Standard Rates

Salaries are such an important factor in keeping your employees motivated. But just how should you work out what to pay your staff?