Author Archives: Karen Levett

The Chancellor’s Budget yesterday didn’t contain any major surprises. The main points are noted below but if you have any questions about how any of these might affect you and your business please get in touch, the first meeting is … Continue reading →

As announced in the Budget earlier in the year, for expenditure incurred from 01 April 2021 until the end of March 2023, companies can claim 130% capital allowances on qualifying plant & machinery. Under this super-deduction, for every pound a … Continue reading →

Over the years I’ve seen many people decide to take the leap and go self-employed. In fact, experience tells us that periods of economic downturn like we’re undergoing often result in an increase in self-employment.   If you’re toying with … Continue reading →

Choosing the right accounting software is important for all businesses, but there are two main problems. Firstly, you are an expert in your field of business, not on accounting practices and software. Secondly, you are faced with a huge number … Continue reading →

Management accounts are financial statements that contain information like your profit and loss account, a balance sheet, and a cash flow forecast. They are usually produced on a monthly or quarterly basis, but why are they important, and why should … Continue reading →

If you are self-employed, or are planning to become self-employed in the near future, one inevitable thing you have to deal with is accounts. This means managing money, keeping records, submitting tax returns, and more.   Your accountant will help … Continue reading →

So, there are a lot of accountancy stereotypes out there. Some are based on mild truths whilst others are just ridiculous. It seems those who view accountancy as a role that wouldn’t be suited to them on a skills level … Continue reading →

Your accountant can help with many essential tasks in your business, like handling your tax returns or doing your annual accounts. An accountant can be much more than this though – they can be a real asset to your business … Continue reading →

As a new business you will probably need to hire an accountant when it is time to prepare your first set of annual accounts and make your first tax return. Hiring an accountant before that would be unthinkable for many … Continue reading →

Happy New Tax Year !!! Yes, the 6th of April has rolled around again, the second new tax year in lockdown. Now is a great time to plan forward for the year, to think about where your business is going, … Continue reading →