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Accounting Insights

As a freelancer, managing your finances and bookkeeping effectively is essential for the success of your business. Proper bookkeeping ensures that you stay organised, meet your tax obligations...

Bookkeeping is a fundamental aspect of running a successful business, ensuring accurate financial records and enabling informed decision-making. With advancements in technology, traditional bookkeeping practices are being revolutionised...

Invoices are an integral part of business transactions, serving as a formal record of the goods or services provided and the corresponding payment due. In the UK, there...

As an entrepreneur, you wear multiple hats and juggle various responsibilities to ensure the success and growth of your business. One crucial aspect that often gets overlooked is...

The P11D form is utilised by employers to document specific “benefits in kind” provided to directors or employees. It serves as a means to report all Benefits in...

In the UK, directors are categorised as employees and are subject to National Insurance (NI) contributions on their annual income, including salary and bonuses, that exceeds the Primary...

Bookkeeping serves as the foundation for sound financial management within any organisation. It involves the systematic recording, organising, and tracking of financial transactions. While often seen as a...

Bookkeeping is an essential part of managing a business, but it can be challenging to get right. Even experienced business owners and bookkeepers can make mistakes that can...

As a business owner, managing your accounts receivable (AR) is essential to maintaining positive cash flow and sustaining your business operations. Accounts receivable refers to the outstanding payments...

Small business owners have a lot on their plate, from managing day-to-day operations to keeping track of finances. One of the most important aspects of running a small...

Bookkeeping is the backbone of any successful business. It involves recording, organising, and analysing a company’s financial transactions. A bookkeeper is responsible for maintaining accurate records of all...

As a business owner, one of the benefits of owning a Limited Company is the ability to issue dividends. What are dividends? Dividends are payments made to shareholders from a...
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