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The Tech Relief blog is here to bring you the latest news and articles on accounting in tech and for startups.
Advantages and Disadvantages of a Sole Trader
Starting a business is an exciting venture, and one of the first decisions you'll need to make is choosing the right business structure. In the UK, many entrepreneurs opt to become... more
Key Ways to Reduce Your Tax Bill as a Self-Employed Professional in the UK
Being self-employed offers a great deal of freedom, but it also comes with the responsibility of managing your own taxes. Fortunately, there are several strategies you can use to r... more
Tips to Be a Successful Sole Trader
Starting and running a business as a sole trader in the UK can be incredibly rewarding. However, it also comes with its unique set of challenges. Here are some essential tips to he... more
How to calculate Cost of Goods Sold for Ecommerce: Automating COGS Calculation
Calculating the Cost of Goods Sold (COGS) is crucial for e-commerce businesses to understand their profitability. Automating this process can save time, reduce errors, and provide ... more
Best cloud-based COGS tracking software for tech companies
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
Why is IT cost optimisation so important?
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
Best accounting software for small business
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
Accounting for startups - A complete guide
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
How to register as a sole trader
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
Filing Self Assessment tax returns for startups
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