The Benefits of Getting Help with HR and Payroll
Running a small business is no easy feat, especially when it comes to managing HR and payroll tasks. At Accounts Direct, we understand that your time is better spent growing your business, rather than getting bogged down in administrative duties. That’s why we offer...
Should You Incorporate? Understanding the Shift from Sole Trader to Limited Company
Starting a business as a sole trader is the simplest way to dip your toes into entrepreneurship. You register with HMRC, file an annual tax return, and handle VAT if applicable. It’s straightforward, especially in the early stages when your business is just finding...
Bank of England Cuts Interest Rates to 5%
On 1st August 2024, the Bank of England (BoE) announced a cut in interest rates from 5.25% to 5%. This decision marks the first rate drop since March 2020, as the economy grapples with post-pandemic recovery and inflation management. For small businesses, this rate...