Articles, guides and advice on Accounting for UK small businesses. Topics covered include: accounting software, choosing accountancy services, preparing accounts, tax efficiency, financial regulations for SMEs and related subjects.

Accounts & Tax

What happens when your business is subjected to a PAYE audit 

nfpSynergy's Joe Saxton discusses the experience of his company going through a PAYE audit, the tax mistakes his company made, and what he learned from the experience.

Accounts & Tax

The top five accountancy errors made by small businesses

Emily Coltman of accounting software company FreeAgent lists five mistakes small businesses make with accounting and how to avoid them.

Employing & managing staff

Small business owners lukewarm on RTI implementation

The introduction of real-time information reporting could prove to be a time-consuming nuisance, small business owners fear.

Employing & managing staff

How to get your small business ready for RTI

Ann Stainer of Carbon Accountancy reveals everything the small business owner needs to know about getting ready for Real Time Information.


UK SMEs clueless about their own finances

The majority of UK small businesses do not understand their finances, according to the accountants that represent them.


Top finance and accounting staff hard to come by

Businesses are struggling to recruit skilled finance and accounting employees despite an anticipated growth in headcount, research finds.

Accounts & Tax

Profit from online accounting software  

Accountancy and book keeping packages are now available online. And businesses stand to gain much by using them, says Mark Davies,  of e-conomic.

Business Technology

Cost of building a website – expense or capital?

We are a start-up business currently having a bespoke website built (total cost will be around £10k). Will this be treated as a capital cost or trading expense by HMRC?

Accounts & Tax

Accounts packages

I buy and sell cars and I am using the SAGE accounts system, however I am struggling with putting on credit notes and working out the VAT I will have to pay back. Is there any other accounts package that I can use, or one that is designed specifically for the motor industry?

Business Ideas & Planning

Transferring assets to a company

If you set up a limited company, can you transfer assets to the company which you already own? e.g. an existing PC, already owned? I would assume it would have to be at market value.

Accounts & Tax

Find an accountant

When you run a business, you are legally required to keep certain financial records, like tax returns and VAT details. You might decide to do some of this yourself, but you need to weigh up the cost of a professional accountant against the time and potential headaches it could cause you.

Partner content

Funding options for the water supply, sewerage and waste management sector

The guys over at Funding Options explain what finance is available to firms in the water supply, sewerage and waste management sector

Partner content

Can businesses save money on CBILS repayment costs by refinancing for a RLS loan?

Your business could save money on CBILS repayments by refinancing for an RLS loan – Funding Options tells us how

Partner content

What is professional indemnity insurance?

Professional indemnity insurance provides cover if somebody sues your business and they allege that your advice caused financial loss or damaged their brand. It’s not just for accountants and lawyers but for anyone offering a personal service, even web designers

Partner content

What is public liability insurance, and does it cover Covid-19 claims?

Public liability insurance can cover your small business if a third party has an accident or injury. But does public liability insurance cover claims made against your business arising from Covid-19?