The New Reality for PMCs (Why 2025 Is Different) Running short?term rentals has transformed. Once, it was enough to list a property on Airbnb and manage keys. Today, property management companies (PMCs) face an entirely new set of risks:DAC7 reporting: every booking is automatically reported to HMRC.Planning rules: England is introducing a national register and … Continue reading Airbnb Property Management in the UK (2025)
Why a Real Accountant Still Beats AI for Company Tax Returns AI has become a common tool in accounting, helping to speed up routine tasks like data entry and error checking. However, when it comes to company tax returns, relying solely on AI can be risky. A real accountant still beats AI because they offer … Continue reading Why a Real Accountant Still Beats AI for Company Tax Returns
Bookkeeping for VAT-Registered Businesses: Essential Records to Maintain for Compliance If you are VAT-registered, keeping accurate records is essential for staying compliant and avoiding penalties. You must track all sales and purchases, VAT invoices, VAT accounts, and any adjustments made. This helps you prepare accurate VAT returns and ensures your records are ready if HMRC … Continue reading Bookkeeping for VAT-Registered Businesses: Essential Records to Maintain for Compliance
How Cloud Bookkeeping Can Save Time, Stress and Money by Streamlining Your Financial Management Cloud bookkeeping lets you manage your finances online, saving you time, reducing stress, and cutting costs. By storing your financial data securely on remote servers, you can access it anytime and avoid errors that often come with manual record-keeping. This means … Continue reading How Cloud Bookkeeping Can Save Time, Stress and Money by Streamlining Your Financial Management
DIY Bookkeeping vs. Hiring an Accountant: What Actually Saves You More in Time and Money Deciding between doing your own bookkeeping and hiring an accountant is a common dilemma for many business owners. While managing your accounts yourself might seem cheaper at first, it can quickly become time-consuming and risky as your business grows.Hiring an … Continue reading DIY Bookkeeping vs. Hiring an Accountant: What Actually Saves You More in Time and Money
Taking Money Out of Your Company? Here-s When It Counts as a Director-s Loan and What You Need to Know When you take money out of your limited company, it doesn-t always count as salary or dividends. If the money you take isn-t a salary, dividend, expense repayment, or repayment of a previous loan, it … Continue reading Taking Money Out of Your Company? Here-s When It Counts as a Director-s Loan and What You Need to Know
Maternity Leave Pay for Small Business Owners: Entitlements and How to Claim Them If you run a small business and are preparing for maternity leave, it-s important to know what pay you are entitled to. As a small business owner, you can claim Statutory Maternity Pay if you employ yourself through your business and meet … Continue reading Maternity Leave Pay for Small Business Owners: Entitlements and How to Claim Them
Good bookkeeping means keeping your financial records accurate, up to date, and well organised. It involves tracking all your income and expenses clearly, making sure your documents are easy to find, and regularly reviewing your numbers to spot any mistakes or issues. This helps you understand your business-s financial health, meet legal requirements, and make … Continue reading What Does Good Bookkeeping Look Like? A Clear Guide for UK Small Businesses
