It probably won’t surprise you to learn that expenses are a popular topic for limited company contractors. When your limited company spends money on something for the business, that cost reduces your company’s profit. Less profit means less Corporation Tax. That’s why claiming legitimate expenses is one of the most straightforward ways to keep more…
Read articleCash flow is the lifeblood of any business, and tracking it is important for survival and growth. While profits may look good on paper, the actual movement of money in and out of your business determines your ability to pay bills, invest in opportunities, and weather any unexpected storms. Over half of small business failures…
Read articleMaking Tax Digital-compliant small business bookkeeping Making Tax Digital (MTD) represents one of the most significant changes to the UK tax system in recent years, and small business owners need to update their bookkeeping practices to remain compliant. At Growth Through Knowledge, I’m here to guide you through this transition with my professional small business…
Read articleEasy-to-use accounting software FreeAgent is completely web-based, so there’s nothing to download, update, or install on your computer, and you can access it from anywhere you have an internet connection. Your data is safely backed-up, and FreeAgent uses the same level of encryption to talk to your computer as banks use, they even store your…
Read articleWhen business leaders are presented with yet another lengthy report or dashboard, “so what?” is often the response. These views typically include backwards-looking usage metrics that focus on what has happened, rather than providing insight into what the future may bring. Your business may well be drowning in data, and struggling to connect the dots…
Read article