Podcasts
Keep your business afloat during a recession
A recession is a difficult time for any business, so knowing How your business deals with a recession is a vital part of your toolkit, It may be that your customers may have less money to spend, you may have to let staff go, and your bottom line may be...
Cash Profits Explained: Cash Basis, Traditional Accounting and Tax
But cash basis accounting and traditional accounting can produce different profit figures in the same year. Understanding why helps you make sense of your tax return, your business performance and what the numbers are actually telling you. We use a straightforward...
Self-Employed Tax Return: What Sole Traders Need to Report
A self-employed tax return can feel daunting, especially when you are staring at income, expenses, accounting methods and tax terminology that you may only deal with once a year. But the basic job is much simpler when we break it down. We need to understand what...
How to Complete a Self Assessment Tax Return
If you need to complete a Self Assessment tax return, the job can look much worse before you start than it does once you break it into steps. You need to know whether a return is required, gather the right information, complete the main return and any extra sections...
Making business decisions in uncertain times
Making business decisions in uncertain times can be difficult. There are a lot of things to consider and it can be hard to know what the right thing to do is. However, by taking a few things into account, you can make decisions that will help your...
How to deal with a cost of business of crisis
If you're a business owner, then you know that the cost of doing business is always on your mind. But what do you do when that cost suddenly skyrockets? Whether it's an increase in rent, wages, or material costs, a sudden spike can be disastrous for your bottom...