Why “Can I Do My Own Payroll” Is the Wrong Question to Ask

Thinking about handling payroll yourself to save money or stay in control? You’re not alone. “Can I do my own payroll?” and “Can you do payroll without an accountant?” are

Why Do People Not Like EBITDA? And Why You Should Be Wary!

For years, EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) has been promoted as a key measure of financial performance. Businesses use it to present themselves in the best possible

EBITDA vs Cash Flow vs Profit: Starter Guide to Tracking Your Business’ Health

When starting and running a business, it’s easy to focus on profit as the ultimate measure of success. But profit, EBITDA, and free cash flow all tell different stories about your business’

Do You Need an Accountant or a Bookkeeper? Spot the Difference!

Starting a business comes with exciting opportunities, but managing finances can be a challenge. Many business owners as a result look for help but are then not sure whether they

How Do R&D Tax Credits Work in the UK? The Basics

If your business is investing in innovation, you might have heard about the Research and Development (R&D) Tax Credit scheme in the UK. Like all areas of UK tax they

A Capital Allowances Overview for UK Small Businesses (with examples)

Running a small business in the UK comes with a host of responsibilities, and one of the most important is understanding the available tax relief options. Capital allowances are a