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We are a small, owner managed accountancy practice,
who believe in helping our clients all year round.
The
Latest News
We are a small, owner managed accountancy practice,
who believe in helping our clients all year round.
How SMEs Can Benefit From Sustainability Reporting
Sustainability reporting isn’t just for large organisations anymore. Growing stakeholder expectations, regulatory developments, and competitive pressures have made it increasingly relevant for SMEs to communicate their environmental, social, and governance (ESG) performance too.
While sustainability reporting comes with its financial benefits, it also comes with its challenges for SMEs who have budget and resource pressures to contend with. The trick is to understand and manage both the initial and ongoing costs of the process. Here’s how you can make it work to your advantage.
‘Backing your business’: A summary of the government’s SME support plan
On the 1st of August 2025, the government launched ‘Backing your business’ – a strategy setting out a long-term support plan for small and medium-sized businesses. Key focus areas include growth and productivity potential, as well as improving the operating environment to start and run a business.
Let’s take a look at the current state of play and the key areas set out by the plan so you know what opportunities to look out for.
Back To School: Essential Advice To Finish Q4 On A High
Summer has drawn to a close, and the so-called ‘quiet period’ is over. This can only mean one thing for you and your business – time to get ready for Q4!
Have you accounted for remote working? What you need to know
According to a report by the CIPD, around 83% of UK companies now offer hybrid working, with 45% having a formal hybrid working policy. This isn’t surprising, since every business has had to adapt to post-COVID ways of working and shifting employee preferences. Yet despite this mass shift, many still haven’t changed their finance and accounting practices to accommodate for it.
There are a handful of key implications that all businesses with remote and/or hybrid workers should take heed of – from tax compliance and expenses, to onsite efficiency and asset tracking.
Outsourced vs In-House Accounting: Which Is Best For Your Business?
Whether you’re starting fresh or eyeing growth, your financial foundations are what power your plans. But before you start getting strategic with your accounts, you have an important question to answer: outsourced or in-house accounting?
Want To Boost Your Agency’s Profit Margin? Follow These Tax Tips
As you add the building blocks to your new agency, you’ve probably tried to develop a set of core processes geared towards success. But have you extended that to your taxes? It’s not glamorous, but when it comes to boosting that profit margin and progressing your business beyond the startup stage, efficient tax planning will pay dividends as you grow.
Follow these five strategic tips to leverage the UK tax system to your advantage.
Essential FAQs For Small Business Finances
Whether you’re just in the planning stages or you’ve already cut the ribbon, managing finances for your small business isn’t easy. We get it – the money side of things can be mind-boggling at the best of times. But the legality, viability and growth potential of your business all depend on a sound and strategic approach to your accounts.
So, instead of getting in a twist with all your obligations, we suggest getting the answers to a few essential FAQs – ticking off one key consideration at a time to form a stable foundation for success. Let’s begin…
How You Can Take Advantage Of AI And Automation For Your Business
Have you taken full advantage of AI yet? Don’t worry, nobody has! Its seemingly infinite potential puts a lot of pressure on small businesses to adapt or get left behind. And while it’s true that AI may elevate your organisation, you don’t necessarily need to think about reinventing the wheel and incorporating it at every touchpoint. Instead, consider some of the key areas intrinsic to your profitability and growth, and start there.
Cash Flow Strategies For Small Businesses – From The Experts
Cash flow challenges can have considerable ripple effects. Almost 1 in 7 small business owners in the UK have been left unable to pay employees on time, 38% have been unable to pay debts, and owners lose an average of £26,000 by turning down work because of...
Get Ready For 2025: Key Changes To Prepare For In The New Tax Year
The start of a new year brings new opportunities – but only if you’re prepared for the challenges ahead. With revised National Insurance contributions on the horizon and shifting company size thresholds also proposed, business owners must adapt swiftly to stay compliant and protect their bottom line.
Fortunately, with a bit of planning and the right guidance, you can tackle these challenges head-on – setting your business up for success. Here’s what you need to know and how to prepare…
How To Better Organise Your Business Finances In 2025
Landing your ideal client or launching that game-changing product is why you started your business – but managing finances effectively is what makes those dreams possible. For small and medium-sized enterprises especially, navigating cost fluctuations, tax changes,...
What To Look For In A Small Business Accountant
When you’re running a business, finding the right accountant can make a world of difference to your operations. Beyond crunching numbers, an experienced accountant can steer you through the complex world of tax compliance, cash flow management, and planning for...
All The Accounting Changes You Need To Plan For In 2025
Staying on top of taxes and rates can be tricky. Just as you get all your ducks in a row for one year, it isn’t long before a new wave of announcements rolls in. This is where agile planning becomes invaluable. Now that the dust has settled from the Autumn Budget,...
Can An Unqualified Accountant Provide An Adequate Service?
The title ‘accountant’ comes with a number of assumptions: good with numbers, business-savvy… Qualified? Not necessarily. Many people don’t realise that ‘accountant’ isn’t a protected term, and a lack of regulation could mean that your own might not have the official...
The Autumn Budget 2024: Key Insights For UK Business Owners
On 30th October 2024, Chancellor Rachel Reeves unveiled her Autumn Budget – marking the first Labour-led Budget in 14 years.
After uncovering a £22 billion deficit back in July, the Labour government demonstrated their commitment to restoring stability to the UK economy in the Budget. For business owners, it has mixed implications. Let’s explore them…
Navigating The UK’s Low-Growth Cycle: Budgeting Tips For Startups And SMEs
The UK economy is “stuck on a low-growth treadmill”, according to the British Chambers of Commerce. This follows a modest GDP rise of only 0.2% in early 2024. With 22% of British businesses reporting decreased turnover, and more recent figures showing only slight improvements, it’s clear that startups and small to medium enterprises (SMEs) are facing challenging times in this sluggish climate.
What Tax Reliefs Are Available For Your Business?
When the new tax year rolled around, it came with tax reliefs – some extending for an additional year (like the Retail, Hospitality and Leisure Business Rates Relief scheme) and some that have long been in place.
In this blog, we take a look at the main types of tax relief and whether your business will be eligible for them.
Making Tax Digital For ITSA Progresses: When Do You Need To Be Prepared By?
Making Tax Digital For ITSA Progresses: When Do You Need To Be Prepared By? The HMRC private beta for Making Tax Digital for Income Tax Self Assessment (MTD ITSA) finally went live on 22nd April 2024. This applies to businesses whose annual income surpasses £50,000....
