Is My Startup Still a Startup?

Saying you’re a startup business has a certain appeal – it’s trendy to pop in a LinkedIn post, and an ultimate icebreaker at networking events. But being a ‘startup’ simply means your company is in its first stages of business – and it comes to a point where that’s no longer the case. So, how…

Pensions and Payroll for Employers

If this is your first time hiring employees, you’ll want to ensure you start off on the right foot – and staff pensions are a big (and legal) priority from the minute you start hiring. As an employer, you’ll need to open a ‘workplace pension’. Who qualifies for this, and how you auto-enrol them can…

Do I Need to Give Customers a Written Quote?

Getting customers on board, or working with existing ones on new projects, is always exciting. After all, more business usually helps you grow and build up your reputation (think of reviews, returning customers, an increase in word-of-mouth recommendations, etc). When you’re in the process of securing work, whether you’re dealing with clients new or old,…

What Counts as a Transaction?

Recording transactions accurately is the foundation of good bookkeeping, minimising the risk of skewing your figures and messing up your tax returns. This is why it’s important to know exactly what counts as a transaction and where it should be recorded. We’ll explore what counts as a transaction, along with a few examples. What is…

Do I Need to Register for PAYE?

Pay As You Earn (or PAYE for short) is the process used by employers to collect Income Tax and National Insurance on behalf of HMRC. Employers make tax deductions from the wages they pay to employees, and then pay the deductions to HMRC, but not all employers need to register. Who needs to register for…