Being a contractor comes with freedom and flexibility, you’re your own boss, choosing the projects you work on and when you work. But along with that independence comes responsibility, and one of the biggest is filing your Self-Assessment tax return...
Being your own boss is liberating. You set your schedule, choose your clients, and build your business on your terms. But with that freedom comes one unavoidable responsibility: taxes. Unlike employees who have their tax deducted automatically...
In the legal world, compliance isn’t just a box-ticking exercise; it’s a lifeline. For law firms regulated by the Solicitors Regulation Authority (SRA), staying compliant can make the difference between running smoothly and facing costly penalties...
In a busy legal practice, it’s tempting to cut costs by asking someone in the office, or even an accountant, to handle your firm’s financial transactions. But if that person isn’t a trained legal cashier, the risks you’re taking might be bigger than...
If your law firm handles client money, then SRA compliance isn’t optional, it’s essential. And when the Solicitors Regulation Authority (SRA) decides it’s time for an audit, the last thing you want is to be caught off-guard. Whether it’s your first...
Ask any successful business owner the secret to sustainable growth, and you’ll likely hear a common theme: clarity. Specifically, financial clarity. You can’t grow what you can’t measure — and you certainly can’t make smart...
In today’s fast-paced business world, automation has become a powerful tool for saving time, cutting costs, and reducing manual errors. But when it comes to managing your business finances, it’s important to strike the right balance. Not everything...
As a freelancer, you work hard for every pound you earn, so it only makes sense to keep as much of it as legally possible when tax season rolls around. Yet, many freelancers in the UK unknowingly leave hundreds or even thousands on the table by...
Hiring the right accountant can make or break your small business. From managing taxes and payroll to offering financial insights that help you grow, a good accountant isn’t just a number-cruncher; they’re a strategic partner. But how do you know...
Legal accounting isn’t just about balancing the books; it’s about ensuring your law firm stays compliant with the Solicitors Regulation Authority (SRA) rules, maintains client trust, and operates with full financial clarity. But in the busy...