In the rapidly evolving technological landscape, effectively managing the Cost of Goods Sold (COGS) remains paramount for sustaining profitability and fostering long-term growth. C... more
In today's competitive business landscape, optimising IT costs is crucial for maintaining profitability and ensuring sustainable growth. One advanced approach to achieving this is ... more
Choosing the right accounting software is crucial for small businesses to manage their finances efficiently. In this article, we review some of the most popular accounting software... more
Understanding accounting for startups is important to start your business off on the right track. In this guide, we have answered the most common questions startups ask when they w... more
Starting a technology business as a sole trader in the UK can be an exciting venture, but it comes with specific accounting and tax compliance requirements. Here’s a guide to help ... more
Starting a new business is an exciting journey, but it also comes with its fair share of responsibilities, including managing your taxes. One crucial aspect of this is filing your ... more
VAT is a crucial part of business and can have a significant cash flow impact in the Tech sector. To simplify the process of calculating and paying VAT, there are several VAT schem... more
Determining whether your business should register for VAT in the UK involves understanding your taxable turnover, the benefits of voluntary registration, and the various VAT scheme... more
If your customers take a long time to pay you then you could benefit from VAT cash accounting. In this article, we will explain what cash accounting for VAT is in the UK and how th... more
Starting a new business is an exciting journey, but it also comes with its fair share of responsibilities, including managing your personal tax return. This article will help you n... more