Blog & News
Insights & News from Your Finance TeamWe spend a lot of time offering our clients practical advice on how they can grow their businesses – please see some of our articles below and feel free to share.
How to choose an accountant for a creative business
When you are thinking about how you should choose an accountant for your creative business there are a lot of things to consider and it can seem to be a daunting prospect. Creatives, as the name suggests, are all very individual and they all work in different ways....
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Will Accountants be Replaced by AI?
In the dynamic realm of finance and accounting, the looming question of whether accountants will be usurped by artificial intelligence (AI) intensifies. However, for digital accountants in the UK, it becomes evident that rather than being a threat, smart technology is...
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How to cope with trading in tough conditions
How to cope with trading in tough conditions For most businesses times are hard. With inflation rising, difficulty obtaining products and services and a very real labour shortage it can feel as though everything is against the business owner. But talk to people who...
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Unlocking the Power of Outsourced Finance: Benefits, Process, and Next Steps
Outsourcing your finance and accounting work can be a great way to supercharge your business and bring you the peace of mind that properly managed finances delivers. There are a whole host of benefits to bringing in an outsourced finance team to give you access to...
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A full guide to credit control for SMEs
Cash is king, so making sure that money is sitting in your bank account rather than those of your customers is a key skill for any business owner. Although it might seem a bit alien to you at first, don’t worry. Credit control is a skill like any other and you can...
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KPI’s – what are they and how do they help?
As businesses grow they find that maintaining control and understanding what is going on gets harder and harder. Add to this the fact that their accounts get more complex and it can be difficult for business owners to understand what is actually going on and that is...
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Will I pay tax on a company car?
The taxation of company vehicles is one of the most complex areas of tax and as a result one that we get asked about the most. It is not helped by the fact that the rules are different depending upon how you use the vehicle, how your company provides it and whether it...
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What’s the best way to finance vehicles for my business?
If you need a vehicle for your business then what is the best way to pay for it? This is a question that keeps many of our clients up at night so in this post, we’re going to look at the subject. Now we have to add the traditional accountants’ health warning here -...
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What are capital allowances on cars?
Capital allowances on cars is one of those subjects that often surprises people when it comes time to do a corporation tax return. This is because instead of claiming depreciation as a deduction you have to claim capital allowances and these can often be different to...
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Why creatives are different (and why their accounting is too)
We think you’d be hard-pressed to find two completely different professions as accounting and the creative industries. If you believe popular characterisations then you wouldn’t believe that we accountants could possibly enjoy working with creatives but you couldn’t...
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Agencies – should you set up a subsidiary?
If you run an agency then you may wonder whether you should set up a subsidiary. As agencies grow, many develop a group structure with several different subsidiary businesses all doing different things or serving different niches. There are some very good reasons why...
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Growing your business – 17 things to watch out for
When they start in business, most people have dreams of growing but there are some hidden traps that can stop those dreams from becoming reality. Everyone makes mistakes, but what we see are the same things coming up again and again. Some of them are pretty major and...
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