Your company’s Annual Accounts contain a great deal of financial information and accountancy terms that are not always easy to understand, so to help gain a better understanding of the information contained in your Accounts, we have prepared a guide entitled “Glossary of Accounting Terms” which explains the common terms used in the Accounts. The guide can be found on your Contractor Portal along with various other useful guides and templates for your information.
Chancellor announces that IR35 reform will be scrapped
IR35 reform in both the private and public sectors is to be repealed, the Chancellor announced in the mini Budget, held on Friday 23rd September.
This surprise development made up just one of many welcome tax changes, as Liz Truss’s new-look government promised to start “a new era” and unleash the potential of UK business.
Why is accounting for a start-up business important?
Why do some start-ups succeed while others are doomed to fail?
It’s an often-quoted statistic that around 60% of businesses fail in their first three years – with 20% folding within just twelve months.
Why freelancers should hire an accountant
In the world of work, freelancing is an increasingly popular option. The promise of flexibility, unlimited earning potential and complete control over the way you work is a hugely attractive prospect for many.