Accounts and Accounting

How to Forecast Your Annual Profits

Marcia Smith

Knowing how to forecast your profits is essential to small business. We share the basics of putting together an annual forecast.

Accountants: Outsourcing vs In-house

Marcia Smith

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

Registering and Unregistering for VAT

The Fleximize Team

Find out all you need to know about registering for VAT, including handy tools for easy bookkeeping and Making Tax Digital

Steps to Business Insolvency

Marcia Smith

When your business goes beyond the brink, it can lead to insolvency. But just what is insolvency? Hint: It's got nothing to do with Bankruptcy.

Introduction to Not-For-Profits

Marcia Smith

Top tips for starting and operating a not-for profit organisation, and turning a profit-making business into a not-for-profit

Separating Personal and Business Finances

Marcia Smith

Keeping personal and business finances separate is essential - or you may end up in trouble with the tax man (or woman).

Busting Myths About Administrators (or Insolvency Practitioners)

Emma Meakin

Putting right the myth that administrators are the bad buys. Read how they always try to salvage your business, not destroy.

Business ​Debt and Insolvency, and Tax

Marcia Smith

There are agreements you can sort with HMRC in the event of insolvency, debt, or unpaid invoices. We review some of these options including bad debt relief

How to Transfer Your Business Assets

The Fleximize Team

We take a look at how to transfer business assets, and the reasons why you need to ensure you seek professional guidance when doing so

Appealing a VAT Penalty

Carl Stanford

Appealing against a VAT penalty from HMRC means following the guidelines relating to an indirect tax appeal. This article outlines the appeals process.

Claiming Startup Expenses

Emma Meakin

Got your startup up and running? Did you know that there are ways that you can reclaim the expenses of starting your business? Here's how...

HMRC Penalties for Self-Employed Workers

Marcia Smith

Tax rules on using self-employed workers have been tightened. Make sure you understand who's responsible for tax and NI if you have self-employed workers

Here’s What to do When You’re Not Making a Profit

Marcia Smith

Don't panic if you stop making a profit. It happens to every business at some point, and by following these simple steps you can quickly turn things around

When Will Your Startup Start Making a Profit?

Marcia Smith

It can take years to be profitable, but it doesn't mean you're a failure. Looking for positive signs and planning certainly helps.

Are Pay Slips Compulsory?

Marcia Smith

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

Marcia Smith

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

Marcia Smith

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

Marcia Smith

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

Marcia Smith

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

Tax Payments and Closing a Company - Quick Tips

Marcia Smith

Even when winding down a business, there are taxes you are still expected to pay. Get our top tips on handling taxes and HMRC when you're closing a company