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Making Tax Digital

Making tax digital (first announced in 2015) was a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs. However, it is now believed that the initiative has been wounded by the current political affairs. The government’s original goal

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Accountants For Freelancers

When you’re a busy freelancer, the task of bookkeeping may be pushed to the bottom of the pile. But, effectively managing your finances as a freelancer is essential to the success of your business. Keeping good quality books can aid planning for the future and making better business decisions. Connect with a specialist accountant Specialist

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Starting A Business With A Friend

Starting a business with a friend can be a great idea, since starting a business can be a difficult and lonely journey. You are both full of enthusiasm and can support each other through the initial difficulties of launching and running a business. However, there may be many pitfalls to setting up a business with

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Top Tips for Fraud Prevention

The Charity Commission for England and Wales, found that insider fraud at charities was aided by the excessive trust and lack of challenge from others (released April, 2018). They then published some case studies from fraud attempts to highlight some of these issues. Of the 20 cases analysed, the absence of appropriate controls was the

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New GDPR Law for all Businesses

European data protection laws are going to come into force on 25th May 2018 and businesses need to be ready. These new laws will affect all businesses in the UK and the current Data Protection Act (DPA) will be updated to reflect the new obligations. The GDPR has a greater scope, with much tougher punishments

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Hassle-Less Taxes

Britain has the most complex tax system in the world. This can be demanding and too much to handle for some self-employed individuals and entrepreneurs. However, help from an accountant can really help to get your accounts into shape. The problematic thing with running your own single-person operations is you’re often left to your own

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