Accounts and Accounting

Accountancy advice tailored for small businesses

Accountancy is one of the most important areas of business. Every SME owner needs to have their finances in excellent shape – disorganized or inaccurate figures could harm business and impact the bottom line. Why not browse through articles in this section to polish up your knowledge on topics ranging from tax returns abd PAYE, to accountancy software and budgeting?

How to Understand Your Payslips as an Employee

How to Understand Your Payslips as an Employee

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How to Understand Your Payslips as an Employee

Stacey McIntosh of Sage Advice UK​ talks us through how to understand your payslips as an employee, including a look at key terminology

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

Covid-19: The Impact on R&D Tax Credits

Covid-19: The Impact on R&D Tax Credits

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Covid-19: The Impact on R&D Tax Credits

Alistair Aird of Easy R&D explores the impact of the UK Government's coronavirus support loans on the SME R&D Tax Credit Scheme

Covid-19: Changes to VAT Obligations

Covid-19: Changes to VAT Obligations

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Covid-19: Changes to VAT Obligations

Tamara Habberley, Senior Consultant at The VAT People, shares her guide exploring everything UK SMEs need to know about their VAT obligations during the coronavirus pandemic

A Guide to IR35 Minor Status Tests

A Guide to IR35 Minor Status Tests

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A Guide to IR35 Minor Status Tests

Alice Hickling of Larsen Howie talks us through the minor status tests that assessors look at when evaluating a company's IR35 status

IR35 Changes & The Construction Industry

IR35 Changes & The Construction Industry

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IR35 Changes & The Construction Industry

Barbara Jamieson of LawBite talks us through the impact of IR35 changes on the construction industry, including how businesses should be using the delay to prepare

IR35 Delayed to 2021: What It Means for Business

IR35 Delayed to 2021: What It Means for Business

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IR35 Delayed to 2021: What It Means for Business

The IR35 reform has been delayed to 2021, giving the private sector extra time to prepare. The Larsen Howie Team, experts in IR35, explore what this means for your business

How to Prepare for the 2020 IR35 Reform

How to Prepare for the 2020 IR35 Reform

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How to Prepare for the 2020 IR35 Reform

Hannah Robinson of Larsen Howie breaks down the private sector IR35 reform due to be rolled out on 6th April 2020 and delves into what it will mean for business owners in practice

Claims Management Software for SMEs

Claims Management Software for SMEs

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Claims Management Software for SMEs

Claims management software can speed up claims processing, reduce errors and enhance the customer experience. Here's a guide to how it can benefit your SME

How to Deal with VAT Error Correction

How to Deal with VAT Error Correction

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How to Deal with VAT Error Correction

Alan Rolfe from HWB Chartered Accountants outlines the correct procedure for VAT error correction to follow if you've made a mistake on your quarterly tax return

Common Financial Pitfalls & How to Avoid Them

Common Financial Pitfalls & How to Avoid Them

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Common Financial Pitfalls & How to Avoid Them

Chris Woodard, Co-Founder of Handle.com, explores some of the biggest financial mistakes that new business owners make and how to avoid them

How to Increase Profits Without Increasing Sales

How to Increase Profits Without Increasing Sales

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How to Increase Profits Without Increasing Sales

Mark Tighe of specialist tax relief consultancy Catax explores how businesses can generate revenue from existing assets, both physical and intellectual, with a focus on tax breaks

A Guide To Chasing Late Payments

A Guide To Chasing Late Payments

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A Guide To Chasing Late Payments

It's important to be aware of how to chase up unpaid invoices to protect your business and its cash flow. Here's Sage's guide on how SMEs should approach chasing late payments

Pros and Cons of Limited Company Contracts

Pros and Cons of Limited Company Contracts

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Pros and Cons of Limited Company Contracts

Hannah Robinson, Digital Marketing Manager of Larsen Howie, talks us through IR35 liability and the pros and cons of limited company contracts

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

How to Donate to Charity as a Limited Company

How to Donate to Charity as a Limited Company

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How to Donate to Charity as a Limited Company

Donating to charity through your limited company can have many benefits, such as lowering your corporation tax bill. Here are the main points to be aware of when donating

Claiming Tax Relief with Salary Sacrifice Pensions

Claiming Tax Relief with Salary Sacrifice Pensions

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Claiming Tax Relief with Salary Sacrifice Pensions

Salary sacrifice is a tax-efficient way to boost your employees’ pensions. James Alesbury of HWB Chartered Accountants talks us through the details

A Guide to Claiming Limited Company Expenses

A Guide to Claiming Limited Company Expenses

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A Guide to Claiming Limited Company Expenses

Operating your small business as a limited company comes with a host of financial benefits, incentivised schemes and tax relief. Here's a look at the expenses you could be claiming

Streamlining Financial Processes for Growth

Streamlining Financial Processes for Growth

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Streamlining Financial Processes for Growth

Neil Robertson of Compleat Software shares his thoughts on how streamlining financial processes can facilitate sustainable business growth

The SME Guide to Better Records Management

The SME Guide to Better Records Management

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The SME Guide to Better Records Management

Paul Ravey of Access Records Management shares tips on how businesses can refine their records management practices