Yep, we’re officially in the thick of the cost of living crisis. It’s a nerve-wracking time for many entrepreneurs, with small business owners especially feeling the pinch. If you’ve had sleepless nights worrying about how you’re going to pay your suppliers or support your staff, we don’t blame you. It’s likely you’ve already looked at […]
Tag Archives: small business
14
Dec
Dec
You didn’t start your own business because you have a passion for spreadsheets or get a kick out of expense reports. But, whether we like it or not, bookkeeping is an essential part of running a business. Think of it like flossing your teeth: it’s not fun, but it’s necessary. Now, you’re wondering how much […]
28
Oct
Oct
If you’re thinking about changing accountants, you may or may not have heard of the phrase ‘professional clearance’. A sort of courteous protocol between two accounting firms, it’s something the new accountant will have to do if you’ve made the decision to switch. This might feel like a big deal but it’s standard practice. Also, […]
10
Oct
Oct
The National Insurance Contributions (NICs) increased by 1.25 percentage points starting in April of 2022. After one year, starting in April of 2023, NICs will reduce once more and a new Health and Social Care levy will be introduced to collect the 1.25% instead. After a difficult 18 months of lost wages, staff shortages, and […]