Company insolvencies: over 8,700 chain stores have closed
Recent research shows that in 2021, over 8,700 chain stores have closed due to the major shift in online shopping… Read more
Accountancy
What are year-end accounts and how can I prepare for them?
If you’re new to business, year-end accounts may seem like a daunting prospect. But with the right preparation, advice and… Read more
File Companies House accounts online to avoid delays, businesses told
Businesses have been urged to file Companies House accounts online as coronavirus disruption continues to significantly delay processing times.
Management accounts give snapshot of business performance
There are important financial statements in every business including the profit and loss (or income) statement, the cash flow statement, and… Read more
Register for Making Tax Digital for VAT or risk penalties, HMRC warns
Businesses who are required to use Making Tax Digital (MTD) for VAT but not registered could face fines of up… Read more
Cash basis versus accruals basis
If you manage a business and record its expenses and revenue, you need to find a recording system that suits… Read more
