Category: Accounting

A cash flow statement tells you how much cash is entering and leaving your businesses. Along with balance sheet and income statements, it is one

Every business needs to track its finances, but not all financial reports serve the same purpose. Two of the most common types are management accounts

Accounting for government grants became a thing after the devastating impact of Covid-19. While grants used to live in the realms of the charity and

The SA302 form is a document provided by HMRC that outlines a person’s tax calculation for a given tax year. It serves as a summary

HMRC phishing emails are scams where fraudsters pose as HM Revenue & Customs to steal personal or financial information. These emails promise tax refunds, demand

HMRC scam calls are on the rise. These calls often sound serious. The person on the other end may claim you owe tax or are

An accrual is income earned or expenses incurred that haven’t yet been received or paid. In accounting, it ensures financial records reflect actual business activities,

For many creative professionals, profit and cash seem like the same thing. After all, if you’re making money, that means you have money, right? Not

When becoming VAT-registered, there are different methods you can adopt for working out your VAT. Each come with their advantages and disadvantages. Two of the

Management accounts are financial reports produced for the business owners and managers. The reports help them track their company’s performance. The management accounts typically include