Recent statistics reveal a significant increase in the amount of annual pension tax relief, exceeding £50 billion for the first time.
Category Archives: Finance
Becoming a freelancer – setting up a limited company
When making the decision to become a freelancer, you have two options. You can either set up as a sole trader or start a limited company.
Everything you should know before becoming a sole trader
Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.
A look at the scalability of in-house vs outsourced accounting
As a business grows, its accounting needs become more complex and time-consuming.
100 days until the Self-Assessment deadline: Are you ready?
We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.
How management accounts can help your business
Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they work?
How the National Living Wage increase could affect businesses
At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11 an hour for those over the age of 23, starting from April 2024.
Five strategies for leveraging financial forecasting
In the dynamic world of business, financial foresight is not just a luxury; it’s an essential ingredient for success.
Best practices for business and personal finances
Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make.
Preparing your business for a merger or acquisition
Mergers and acquisitions (M&A) are often completed to gain market share, increase revenue, or expand business amongst many other things.