Spring Budget Special - March 2023 Yesterday, Chancellor Jeremy Hunt presented his first Budget to Parliament and set out a plan to reduce inflation, grow the economy and get government debt falling all whilst avoiding a recession and tackling labour shortages – plenty to think about there! Below we set out some of [...]
“This team is professional, helpful and unfailingly pleasant to deal with. Their skill in deploying cloud accounting software has helped us run our business more effectively.” What is a limited company? A limited company is a business that has been registered with Companies House and has ‘limited liability’. [...]
So, what are the differences between a being a sole trader and a limited company? Both are private companies, however, they have different legal structures. What is a Sole Trader? A sole trader is essentially a self-employed person. You own and run your business as an individual. This is [...]
Which systems to choose? There are a range of accounting systems you can use to keep your records and file your accounts. The market leaders in the UK are Xero, Intuit QuickBooks and Sage. Xero Xero is a cloud accounting software which can be easily accessed from any [...]
When running a business and filing your accounts there are certain documents that you must keep in order to submit financial statements.
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