The decision to hire an accountant is not one that any small business owner takes lightly. And rightly so. You are basically inviting an unknown individual to go through every detail of your business finances, often a very personal and well-guarded subject for SME’s. But the truth [...]
About HH AdminThis author has not yet filled in any details.
So far HH Admin has created 5 blog entries.
The profession of accounting has come a long way since Luca Pacioli (considered by many to be The Father of Accounting) published the first book on double-entry-bookkeeping in 1494, introducing a then-unknown system of debits, credits, journals and ledgers. Technology and the internet have revolutionised all industries, [...]
Financial management can make or break a small business in its infancy. Good financial planning means every business decision made is researched and well informed. It helps to guarantee the longevity of your business by ensuring that you are always looking forward. It also helps you optimise [...]
The UK has a thriving small business sector, with the Federation of Small Businesses reporting that SMEs accounted for 99.3% of private sector businesses at the beginning of 2016. This has been largely aided by a favourable environment, with Government schemes and specialist finance and accountancy providers [...]
The tax system is going through one of its biggest ever shake ups with HMRC’s Making Tax Digital scheme. First announced by former Chancellor George Osborne in his March 2016 Budget, the government is planning to have moved all businesses and individuals onto digital tax accounts by [...]