Practical answers for UK business owners and accounting professionals.
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I run a small café in London and, like many places nearby, we now take a large share of orders through delivery apps. Customers order through the app, a rider collects the food…
I logged into our bookkeeping software this morning and noticed there is a balance sitting in the suspense account, just under 400 pounds. I do all the bookkeeping myself and I…
Hi everyone, Quick practical question. Right now I buy most things for the business on my personal credit card and then claim it back through expenses. It works, but…
One of my clients owes my consultancy £2,500 from an invoice issued over six months ago, and they have now stopped responding to my emails and calls entirely. I don't think I…
I'm trying to get my paperwork in order and I'm drowning in receipts, invoices and bank statements, both paper and digital. How long does HMRC actually require me to keep…
I've been doing my own bookkeeping and tax returns since I started out, and honestly it's been manageable — until recently. With VAT registration, a first employee and more…
My business bank account comes with FreeAgent included at no extra cost, which obviously sounds appealing for a tiny consultancy like mine (it's just me, plus the occasional…
I've just become VAT registered for my small consultancy, and I'm trying to get my head around what Making Tax Digital actually requires of me in practice. Am I right that I need…
I'll be honest — since I started freelancing as a graphic designer, I've just been using my personal current account for everything. Client payments come in, I pay for Adobe…
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