Starting a small business in the UK is an exciting venture, but it also comes with its fair share of challenges—particularly when it comes to accounting.

Proper financial management is crucial for the success and sustainability of your business.

Here at Accounts Direct, we’ve seen how small missteps can snowball into significant problems.

To help you navigate the complexities of business finance, we’ve compiled a list of common accounting mistakes that UK startups often make and how to avoid them.

Thinking about ditching the 9-to-5 grind and taking control of your own destiny? Self-employment might just be the answer.
While being your own boss can be incredibly rewarding, it also comes with its fair share of challenges.
At Accounts Direct, we’re here to help you weigh up your options and make an informed decision about whether self-employment is right for you.

As a self-employed individual in the UK, managing your finances can sometimes feel like a full-time job. Among the many expenses you need to keep track of, mileage is a significant one, especially if you use your vehicle frequently for business purposes.

Understanding the HMRC mileage allowance rates for 2024 can help you claim the maximum relief possible and keep more of your hard-earned money in your pocket.

This blog provides vital information on mileage allowance for self-employed individuals in UK small businesses.