10 Common Accounting Terms, Explained
Having general accounting knowledge is crucial for any business owner, especially during tax season. Understanding common accounting terms is highly beneficial, as you will identify how they relate to your business and how it is performing.
HMRC penalties alert as 5.7 million still to file tax returns
Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were still to file their Self-Assessment returns.
How to read a set of management accounts
In order to grow and succeed, you need to effectively manage your finances and monitor the health of your business.
How SMEs can avoid becoming victims of fraud
With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major problem.
Will the falling pound help boost tourism?
Acting as a silver lining amidst a storm of uncertainty, the crashing pound is likely to attract more US visitors to the UK, it has been suggested.
33,000 new loans available for small businesses
An £884 million loan scheme for new businesses is to be expanded, it has been revealed.
Late payments: A big cost for small businesses
Late payments are costing small businesses £684 million per year, in addition to rising inflation, data has revealed.
Can apprentices help with your skills shortage?
Many UK businesses are having problems with recruitment as the number of job vacancies has soared over the last 12 months.
How can SMEs handle the cost of living crisis?
The current cost of living crisis in the UK has already seen the economy decline, with customers saving money and consuming less.
Hard pressed SMEs struggling with cashflow challenges
A huge majority of small businesses are ploughing more money into their business than they are taking out for a least one month of every year.