How the King’s speech could affect your business finances

His Majesty the King’s speech, at the state opening of Parliament, is a significant event for businesses and financial professionals who rely on Government regulation to function effectively and within the law.

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Everything you should know before becoming a sole trader

Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.

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What businesses need to know about recent updates to payroll

The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements. 

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A look at the scalability of in-house vs outsourced accounting

As a business grows, its accounting needs become more complex and time-consuming.

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100 days until the Self-Assessment deadline: Are you ready?

We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.  

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Why you should use double-entry bookkeeping in your business finances

The term “double-entry bookkeeping” is often mentioned as a cornerstone for managing a business’s finances.

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How management accounts can help your business

Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they work?

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Secure your financial future – Plan ahead and send Self-Assessment returns early

Recent data from HM Revenue and Customs (HMRC) reveals a significant trend – an increasing number of UK taxpayers are filing their Self-Assessment tax returns within the first week of the new tax year.

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How the National Living Wage increase could affect businesses

At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11 an hour for those over the age of 23, starting from April 2024.

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18-year-olds to be included in auto-enrolment expansion

A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate “earlier and increased savings” for millions of young people across the UK.

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