Simplified expenses are a set of optional expenses rates that have been exclusively designed to help sole traders and individuals who are business partners. They aim to simplify the expenses section of the self-assessment tax return, and are split into…

So, you’re shopping around for the most suitable accountant for you and your business which is a smart move already. Then, the next question you may be asking yourself is “Is this accountant a good match for me?”. We’re going…

Let’s face it, nobody likes receiving a fine. Unfortunately for the self-employed and small-business owners, owing to various reasons, a fine could be issued from HMRC (Her Majesty’s Revenue and Customs). Self-Assessment is a system HMRC uses to collect Income…

Most small business owners have to keep a very close eye on their operating budgets. If money can be saved, that leaves more to invest in future growth but also helps create more profit. Whether a small business should hire…

Accounting is one of the most fundamental services that your business needs; most companies at some point decide to use a dedicated accountant to manage their financial affairs. When you look at the broad spectrum, you may realise that hiring an…