Whether you’re a sole trader or own a small business, the decision to bring on a bookkeeper is a big choice. Choosing a bookkeeper from the UK to handle your company’s books offers benefits, including those beyond your books. Creating Time for Small Business Owners…

Bookkeeping is part of the bedrock of your business. You cannot make informed decisions if you do not know what’s happening in your sole trade or small business. Whether you’re doing your own sole trader bookkeeping, familiarity with the terminology can help immensely. Accounts Payable…

Finding the right bookkeeper for your business is critical. While bookkeeping services may look the same, many distinctions can help you find the right fit for your needs. Taking some time to consider the factors can save you time and hassle in the future. Reputation…

Bookkeepers, accountants, and financial planners practice specific skills in the UK. You may need to find additional financial team members as your sole trade operation or small business grows. In these cases, understanding the differences can help you choose the right partner at the right…

Bookkeeping for small businesses and sole traders goes beyond entering transactions in a ledger. Online bookkeeping services can provide many unique benefits for your business, all at a fraction of the cost of an accountant. Day to Day Records Management Bookkeeping services for small businesses…

From the 2022 Autumn Statement: Overview for Sole Traders and Small Businesses Due to the political climate, the 2023-2024 tax year information is trickling out in the form of adjustments to the 2022 Autumn Statement. Unfortunately, this makes it challenging for sole traders and small…

Software That Makes Using Bookkeeping Software Easier to Use for Sole Traders Accounting and bookkeeping software should help you keep your business running smoothly. However, without the right supporting software, you may spend more time than necessary on your books, even if you’re using online…

January Self Assessment Deadline While few people want to focus on their accounting, especially as a sole trader or self-employed individual, it’s a critical part of operations. This part of bookkeeping for sole traders determines how much you pay HMRC in tax. The Self Assessment…

On 1 April next year, it will be exactly half a century since Value Added Tax (VAT) came into effect as a levy on the supply of many goods and services through business transactions. Looking ahead to the next fifty years, registering for VAT is…

Business entertainment remains a positive and vital part of any corporate relationship despite the scrutiny it can attract and a shift in corporate culture away from such activity. The HMRC’s rules and regulations around benefits and expenses associated with running a business are comprehensive and…