With national debt at a scary £2.1 trillion, an annual deficit of £304 billion, the financial hangover from Covid-19, a huge NHS backlog, and an aging population, it’s easy to see why funding state care is a key issue. The new Health & Social Care Levy forms a crucial part of the government’s ongoing plans…
When the government announced the Self-Employment Income Support Scheme (SEISS) as a response to the coronavirus pandemic, it was met with sighs of relief by many self-employed people. Open to sole traders and those in partnerships, it provided grant income to help see people through, what turned out to be, more than one lockdown. Of…
Business owners are busy, so finding time to actually review their business finances in enough detail to understand everything properly isn’t easy. They might think they’re on the right track, but things aren’t always as they seem. In the hectic world of day-to-day business, it’s easy to let things slide (we’ve all been there!) It’s…
Convincing a business owner about the importance of bookkeeping can be tricky. In their eyes it’s just more boring, time-consuming admin. Many clients would rather spend their time and energy in more ‘exciting’ areas of the business, leaving their brother’s neighbour’s sister-in-law to tidy up the paperwork. But, as every accounting and finance professional knows,…
If you’ve chosen the tumultuous path of being an accountant, chances are you’re already detail-oriented, meticulous, and a stickler for accuracy. It’s one of the reasons why you’re the expert. Most of your clients won’t be. Sure, you may occasionally get one who sends their accounts well before the deadline, and takes the time to…
