Upcoming UK Making Tax Digital (MTD) Changes in 2025
The UK government has announced significant updates to the Making Tax Digital (MTD) initiative, set to take effect in 2025. These MTD changes aim…
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Advantages and Disadvantages of Outsourced Accounting
Accounting is a crucial function for any business, but it is time and resource sensitive. Businesses can often face financial challenges related to accounting…
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How Better Sales Ledger Management Can Keep You on Top of Bad Debt
In this guide, we’re looking at exactly how better sales ledger management can keep you on top of bad debt. The sales ledger is a critical…
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5 Reasons to Regularly Review Your Sales Ledger
If you provide a high volume of services and/or products to customers and are paid through invoicing, you’ll need a rigorous system to keep…
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Financial or Management Accountants Services: What Do You Need?
Not all accountants have the same set of responsibilities: financial accounting is a very different kettle of fish to managerial accounting. But what are…
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What is the difference between a bookkeeper and an accountant?
Are you looking to outsource some of your core business processes, including the financial operations? You’ll want to know what the difference is between…
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Management Accounting vs Financial Accounting
What’s the difference between management accounting and financial accounting? If you’re new to the world of finance, you’d be forgiven for assuming that all…
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HMRC’s Tax Investigation Yield Increased
The total revenue HMRC generated from tax investigations and other compliance activity increased to £30.8bn in 2021. This was up from £28bn in 2020. The…
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Sales ledger pitfalls many businesses make – but you can avoid
The sales ledger needs a robust process in place. Without one, weaknesses and inaccuracies can start to creep in. One or two minor errors…
Read More What does a Finance Director do?
Are you looking to take the management of your business’ accounts to the next level? In that case, perhaps you’re considering hiring a finance…
Read More What Do Management Accountants Do?
Management Accountants are, like a normal accountant, tasked with keeping tabs on a company’s finances. However, where these differ from regular accountants is in…
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