28 November, 2024 7 min read Share Copy Link Copied When it comes to managing your finances as a sole trader or small business owner, understanding your earning before tax is essential. Knowing how much you can earn before paying income tax can help you to plan ahead and avoid surprises when tax season rolls […]
26 November, 2024 7 min read Share Copy Link Copied The days of paper and pdf billing are fading away. Electronic invoicing or e-invoicing is set to take over quickly for many UK business transactions, and it’s a good idea to start preparing your firm or accountancy practice now. Some British businesses may initially be […]
22 November, 2024 14 min read Share Copy Link Copied Understanding invoice payment terms is essential for smooth transactions and a steady cash flow. Setting clear payment expectations not only helps you get paid on time but also reduces misunderstandings and fosters trust with clients. In this guide, we’ll cover everything from standard payment terms […]
Value Added Tax (VAT) is a fact of life for UK businesses, but did you know you can often reclaim some of it? Claiming VAT back can help reduce your expenses, but it’s important to understand when and how you can do this to avoid making mistakes. In this guide, we’ll walk you through the […]
Black Friday is a day celebrated throughout many parts of the world as an opportunity to get amazing deals and boost sales, but for small business owners, it’s more than just one day of discounts. It also represents a great opportunity to influence your financial success for months to come. When it comes to reporting, […]
Artificial Intelligence (AI) is rapidly transforming the landscape of Human Resources (HR). From streamlining recruitment to enhancing employee engagement, AI tools are shifting traditional HR processes and setting the stage for a new way of working. But how exactly can AI benefit you, and what should you watch out for as AI adoption increases? This […]
A strong company culture can be the bedrock of a thriving business, which is exactly why Foong Ng is focused on revolutionising employee engagement with Matchable, the UK’s leading employee volunteering solution. It’s not enough to offer your employees a job and a paycheck, they need to feel a sense of purpose, and giving them […]
The Self Assessment tax return season, running up to the deadline of 31 January, is one of the busiest and most stressful times for accountants. There are many things you can do to make this period less hectic and run more smoothly and efficiently for your accountancy practice and for yourself. We feature some essential […]
Your business is unique and everything about it should reflect that—including your invoices. Google Docs provides a suite of invoice templates, which you can download free of charge and customise to your heart’s content. But what better way to capture the uniqueness of your brand and ensure your invoices are legally compliant than to build […]
On 30th October 2024, the UK Government presented its annual Autumn Budget, outlining its financial plan for the next few years. In this article, we provide an overview of the announcements that are most likely to affect you as an SMB, along with their possible implications. Regardless of the type of business you run, the […]
