As a small business owner, do you ever feel like you’re wearing too many hats? One minute you’re the marketing guru, the next you’re the head of customer service, and by lunch, you’re the IT department (which, let’s be honest, mostly involves turning it off and on...
At Accounts Direct, we’re always on the lookout for ways to make managing your finances simpler, faster, and more secure. That’s why we’ve switched to Apron, a streamlined, all-in-one platform that combines bookkeeping and payments in one easy-to-use app. In this...
The Autumn Budget has brought a lot of change for UK small businesses, especially in the areas of tax and employment costs. From National Insurance increases to a boost in the minimum wage, small businesses are now looking at how these tax shifts will impact their...
As 2024 comes to a close, small business owners need to prepare for 2025 by staying ahead of finance trends that can boost cash flow and fuel business growth. With economic uncertainty, rising costs, and shifting market demands, 2025 will bring both challenges and...
As of October 2024, the UK's new Procurement Act introduces transformative changes to how small and medium-sized enterprises (SMEs) can engage with public sector contracts. With over £300 billion in public sector procurement available annually, these reforms simplify...
As of 1st October 2024, significant changes to audit thresholds have been implemented, impacting thousands of small and medium-sized businesses (SMEs). Over 132,000 businesses are now exempt from mandatory audits due to these new rules, offering potential cost...
Well folks, the first Autumn Budget under the new government is almost here, and there’s a lot on the table that could impact small businesses. Set for 30th October 2024, this Budget is expected to bring some key changes, particularly in taxation, funding, and...
When you’re running a business, understanding tax deductions can be the difference between a nice bit of savings or a hefty, unexpected bill from HMRC. Knowing what you can claim back isn’t just about ticking boxes—it can keep more of your hard-earned cash in your...
If you're a small business owner, chances are you've faced the headache of late payments. Whether it’s waiting on a big client or chasing unpaid invoices, this common problem is more than just an inconvenience – it’s costing...
For small businesses aiming to grow, navigating financial complexities can be daunting, but getting professional financial advice can make all the difference; providing clarity, strategy, and direction. With the right support, small businesses can achieve their...
In the accounting world, firms are always searching for clever ways to work smarter, save money, and grow their business—because, let’s face it, it's more than just crunching numbers. One increasingly popular approach is outsourcing non-core tasks such as bookkeeping...
Running a business is a juggling act, especially when you're the director. Balancing the books while steering the company toward growth is no easy feat. One financial tool that often causes confusion but is crucial to understand is the Director’s Loan Account (DLA)....