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 – disorganised 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 and PAYE, to accountancy software and budgeting?

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

How to File for Bankruptcy

How to File for Bankruptcy

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How to File for Bankruptcy

Filing for bankruptcy is often a last resort, but it's important to be prepared ahead of time. We cover the various stages involved in declaring bankruptcy

How to Conquer Your Debt

How to Conquer Your Debt

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How to Conquer Your Debt

Debt can be overwhelming, but there are steps you can take to get back on track. Read our guide to setting up a debt management plan and other alternatives

What’s an Individual Voluntary Arrangement?

What’s an Individual Voluntary Arrangement?

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What’s an Individual Voluntary Arrangement?

We explain the steps to finding an insolvency practitioner who'll help you get an Individual Voluntary Arrangement.

What's a Creditors' Voluntary Arrangement?

What's a Creditors' Voluntary Arrangement?

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What's a Creditors' Voluntary Arrangement?

We dive into Creditors’ Voluntary Arrangements and the steps you need to take.

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.

5 Useful VAT Schemes for SMEs

5 Useful VAT Schemes for SMEs

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5 Useful VAT Schemes for SMEs

We all like to save a bit of money here and there. It's especially important for small businesses. Here are our top 5 VAT schemes to save you a few pounds..

Declaring Your Second Income

Declaring Your Second Income

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Declaring Your Second Income

If you're lucky enough to have a second income, not declaring it could land you in a whole heap of trouble with HMRC, so here's how to declare it.

Leaving Your Family Business

Leaving Your Family Business

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Leaving Your Family Business

Leaving your family business is always hard, after all you don't want to upset family members. Here's everything you need to know.

Can You Actually Save Money on Business Tax?

Can You Actually Save Money on Business Tax?

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Can You Actually Save Money on Business Tax?

Tax in the UK is decided by the type of goods or services you’re providing, not the type of company that runs it, so can you use this to your advantage?

Three FAQ's on Payroll and Tax

Three FAQ's on Payroll and Tax

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Three FAQ's on Payroll and Tax

We take three of your pressing questions and get our team of small business experts at Fleximize to answer.

How to Begin Business Debt Consolidation

How to Begin Business Debt Consolidation

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How to Begin Business Debt Consolidation

​If your business is struggling financially, debt consolidation is an effective first step towards getting things back on track. Here's how you can start.

The Basics of an M&A Deal

The Basics of an M&A Deal

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The Basics of an M&A Deal

M&A Deals involve the buying, selling, splitting up or coming together of companies, and can prove to be lucrative or disastrous to all involved.

Ask Fleximize: Money Issues

Ask Fleximize: Money Issues

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Ask Fleximize: Money Issues

All your questions answered by the experts at Fleximize: These are real money issues facing real small business owners.

Getting to Grips With IR35 - Quick Tips

Getting to Grips With IR35 - Quick Tips

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Getting to Grips With IR35 - Quick Tips

IR35 is used by HMRC to stop companies using intermediaries to​ avoid paying the correct tax and National Insurance.

7 Business Tax Basics

7 Business Tax Basics

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7 Business Tax Basics

7 frequently asked questions (FAQs) on business tax, covering the basics of setting yourself as a new business, and staying on the right side of the law.

Selling Products Globally

Selling Products Globally

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Selling Products Globally

Are you aware that by selling goods to consumers in Europe – you are governed by the EU distance selling rules for VAT? What are these rules?

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

Introduction to VAT

Introduction to VAT

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Introduction to VAT

Confused about VAT? Unsure how it's calculated, or what it applies to? These are just some of the questions we cover in our beginner's introduction to VAT

Dealing with HMRC for a Client

Dealing with HMRC for a Client

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Dealing with HMRC for a Client

If you're going to be dealing with HMRC on behalf of one of your clients, you need to obtain client authorisation. Here's how.