For a lot of people, the formation of a limited company represents the first steps towards being your own boss. The formation of a company is a relatively straight-forward process. All companies require a name, shareholders, directors, a registered office and articles...
So, you’ve taken the jump into self-employment. You’ve won your first client and done the work. Now how do you get paid? Quite simply, you must issue an invoice to your customer and provide with them with the means of making a payment. What an invoice must contain...
Appointing an accountant is a huge decision when starting your business, you are putting your business finance in the hands of somebody that (in a lot of cases) you know nothing about. Here we consider some things to look for when researching an accountant: Are they a...
The accounting profession has recently started to undergo a major shift. The ‘traditional’ desktop hosted accounting packages, spreadsheets and paper-based record keeping are swiftly moving towards cloud based systems. Accounting looks to follow many other industries...
The Chancellor of the Exchequer, Phillip Hammond, announced the 2018 Autumn Budget this week, his last before the UK’s scheduled departure from the European Union on 29th March next year. We have summarised the key tax announcements for small business owners. Income...
If you are a freelancer or agency worker, regularly working on short-term contracts, often you will not be able to engage directly with the end client (as a sole trader) and so will be required to work through a separate entity such as a Limited Company or an...