It sounds like a basic question - but a lot of business owners don’t actually know. In this blog, we define profit and talk through how it can accurately be tracked.
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This can be a really tricky question for business owners - and something that is often feared and actively avoided. In this blog, we give you the facts and some things to consider which may help.
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Tis the season for Christmas parties! In this blog, Sarah discusses what you can claim as business expenses or offer as trivial benefits - and what may create a tax liability for staff!
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As part of our commitment to engaging more with the community, we nominated a charity partner for the financial year 2024-2025. We’re delighted to support Edinburgh Food Project with cash donations and regular fundraising activities!
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This is a guide to SME finance in five easy steps. Through our partnership with Swoop, we can give SMEs access to funding across grants, borrowing and equity. If your business needs funding and you don’t know where to start - or have hit a brick wall - we will point you in the right direction.
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Accountability Edinburgh has won the Bookkeeping Partner of the Year award at Xero’s prestigious annual awards.
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On International Women’s Day, we asked 4 of our team members what working at Accountability means to them.
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HMRC has introduced new penalties for late submissions or overdue VAT liability payments. Mahdokht talks us through this new approach to VAT and what it means for your business.
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VAT can be complicated. Sarah talks about some common pitfalls we come across and offers tips on how to avoid them.
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Are management accounts worth the cost? Tanya writes about the benefits of these financial reports, and their value for business owners.
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Do you find yourself wondering whether you’re making any money? Rosie talks about some factors you should consider when you’re not seeing the full picture. If you have concerns about your numbers, consider booking in for a healthcheck.
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Can there be a single price for bookkeeping? Rosie writes about the problem with hourly rates, falling into the ‘market rate’ trap, and the Accountability solution.
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In the lead up to Christmas, the Accountability Team were delighted to share their 12 top tips! Fortunately for you, we’re not singing them!
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Mahdokht joined us in July as a Senior Bookkeeper and has since progressed to the role of Accounts Senior. She talks about her daily routine, software certifications and Accountability socials.
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If you’ve got plans for your business, you’re going to need cash to make them happen. Dreaming big and running out of money isn’t a situation a small business wants to find itself in, which is why cash flow is critical to sustaining and growing a business. Our friends at Float have written some top tips on managing you cash flow.
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In the final instalment of his blog series, Matt talks about hybrid working, AAT Level 2 and training at Accountability.
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In the second instalment of his blog series, Matt writes about getting into a routine, visiting clients and wasps!
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We’d all love to make more money, so we've written up some top tips to boost your profits.
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Matt joined us as an Accounts Junior. Read more about his first couple of weeks in the first instalment of this blog series.
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Supporting staff is key to keeping a business running well. One way to do so is providing staff entertainment, but what are the tax implications of this for you and your employees?
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