The Blog from CheapAccounting.co.uk

Whether you’re a freelancer, contractor or a small business owner, you may be called upon to work away from your normal base, occasionally or frequently. This will create travel costs ...
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There are about 5.7m SMEs in the UK, according to government figures. Although most (3.4m) are sole trader businesses (AKA people who are self-employed) and 405,000 are ordinary partnerships, there ...
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I have been in the accountancy profession long enough to know that not everyone is a fan of spending their hard earned cash on using us to deal with their ...
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There are many definitions but simply put your Accounts are the documents showing exactly how your business is performing in financial terms. Every business, whether a sole trader or a ...
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1. I’m only earning a small amount from my business so I don’t need to tell the tax man Subject to the considerations of the Trading Allowance, all business income ...
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Many people set up a limited company with very high hopes of business success. Unfortunately such success is not guaranteed and can elude some, resulting in the need to close ...
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Claiming all your business costs against your profit is essential for ensuring that you pay the right amount of tax. But just what is an allowable business cost? Here are ...
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If you are running a business, doing the accounts is an essential part of your operations. Unless you have a background in accounting or tax, keeping up to speed with ...
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Setting up a limited company is very cheap and easy. Getting it wrong can be expensive with HMRC and Companies House being able to impose heavy fines for the late ...
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