Key Takeaways 1. Keep your personal and business finances separate Separating your personal and business finances is one of the most important bookkeeping steps for
Key Takeaways For creatives – if you’re an artist, musician, filmmaker, designer, or content creator – understanding your taxable profit can be life-saving. It directly
Key Takeaways In this guide, we’ll explain what management accounts include, why they matter, and how to prepare them. 1. What are management accounts? Management
Key Takeaways For sole traders or freelancers paying themselves outside PAYE, an SA302 certificate is the only way mortgage lenders will verify income, and you
Key Takeaways 1. What are government grants? First of all, we need to get this question sorted out: what are government grants? Government grants in
Key Takeaways 1. Why is a cash flow statement important? A cash flow statement is important because it gives you a clear picture of a
Key Takeaways 1. What is cash accounting? This method calculates the VAT when your invoices were paid, not when they were raised. This means that
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
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 you have to find an accountant in the UK, you first have to know where to look! If you’re on the lookout for special
