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Common Accounting Mistakes Small Businesses Make (and How to Avoid Them)

Running a small business comes with many challenges, and managing finances effectively is crucial for long-term success. However, many business owners unknowingly make accounting mistakes that can lead to cash flow issues, tax penalties, and even business failure. Here are some of the most common accounting pitfalls and how to avoid them....

Making Tax Digital: What You Need to Know

The UK government’s Making Tax Digital (MTD) initiative is transforming the way businesses manage and submit their taxes. The scheme aims to simplify tax reporting, reduce errors, and make compliance more efficient through digital solutions. If your company is subject to MTD, it’s essential to understand the requirements and how to ensure compliance....

Tax Considerations for Company Directors

Running a limited company in the UK can offer financial and operational flexibility, but it also comes with tax and compliance responsibilities. Whether you’re a new director or looking to stay updated on changes for the 2025-26 tax year, here’s what you need to know....