Autumn Budget 2024: Key Takeaways for Businesses and Individuals
Written by Sach
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Find insights into everything you need to know about outsourced accounting, tax-related updates, and growing your business.
Essentials
Guide to Tax Compliance, Planning, and Advice
Written by Sach
Advisory for Growth Support
Written by Sach
What is outsourced accounting? A guide for SMEs
Written by Sach
Accounting
More Accounting postsBusiness expenses: a guide for limited companies
Written by Sach
What is a P11D? A guide for SMEs
Written by Sach
Outsourcing your payroll function: A guide for SMEs
Written by Sach
Tax
More Tax postsHow to Create a Financial Plan for Your Fashion Brand
Written by Nidhi Yadav
How to Build a Resilient Fashion Supply Chain Without Breaking the Bank
Written by Nidhi Yadav
Tax Tips Every Fashion Business Owner Should Know (2025 UK Edition)!
Written by Nidhi Yadav
Compliance
More Compliance postsA Worked Example of how a Cafe reduced their VAT liability
Written by Sach
Tips for navigating VAT compliance for Restaurants and Bars
Written by Sach
Business
More Business postsRecent Posts
How to Verify Your Identity for Companies House: A Step-by-Step Guide
If you’re setting up or managing a company in the UK, you’ll soon need to complete a crucial step – verifying your identity for Compa…
Written by Sach
How to Create a Financial Plan for Your Fashion Brand
In the world of fashion, creativity gets all the spotlight, but behind every successful brand is a solid financial plan keeping the runwa…
Written by Nidhi Yadav
How to Build a Resilient Fashion Supply Chain Without Breaking the Bank
For small fashion businesses, supply chain disruptions can feel like a death sentence. From late shipments to fabric shortages, even mino…
Written by Nidhi Yadav
Tax Tips Every Fashion Business Owner Should Know (2025 UK Edition)!
Navigating the tax landscape is crucial for the success of any fashion business. In 2025, several tax changes in the UK will impact the f…
Written by Nidhi Yadav
Why is Bookkeeping Important for Fashion Businesses?
Bookkeeping isn’t just about compliance; it helps you:
• Understand Your Profitability: Tracking i…
Written by Nidhi Yadav
Tax Deductions Every Fashion Business Should Know
Running a fashion business in today’s climate isn’t just about creative flair;…
Written by Nidhi Yadav
Navigating VAT: A Guide for UK Private Schools and Independent Education Organisations
VAT registration can feel like a daunting hurdle for any organisation, and private schools and independent education organisations are no…
Written by Sach
Autumn Budget 2024: Key Takeaways for Businesses and Individuals
The 2024 Autumn Budget has been announced, and it’s packed with changes that will impact both businesses and individuals. As your trusted…
Written by Sach
Understanding Payments on Account: A Guide for Small Business Owners
For many small business owners and self-employed individuals, the complexities of tax can be daunting. One such area of confusion is Paym…
Written by Sach
Understanding the New R&D Tax Credit Rules for 2024
As of 1 April 2024, significant changes have been implemented in the UK’s Research and Development (R&D) tax credits system. These re…
Written by Sach
10 Tax Saving Strategies every restaurant owner should know
As a seasoned accountancy firm, with over a decade of experience specialising in serving the needs of restaurants across the UK, We’ve wi…
Written by Sach
Maximising Profit Margins: Financial Management for Hospitality Businesses
We have been serving the vibrant restaurant and bar industry across the UK for many years, appreciating the unique nature of each busines…
Written by Sach
A Worked Example of how a Cafe reduced their VAT liability
To compliment our blog: Tips for navigating VAT compliance for Restaurants and Bars. We have prepared a blog to give you a real life exam…
Written by Sach
Tips for navigating VAT compliance for Restaurants and Bars
With a wealth of experience dedicated to supporting the financial needs of restaurants and bars throughout the UK, Pennyhills (London) LL…
Written by Sach
UK Spring Budget 2024
The Spring Budget 2024 has introduced a sweeping array of tax changes aimed at easing the financial strain on households, energising busi…
Written by Sach
The Ultimate Guide to Elevating Your Next Tax Planning Meeting!
When it comes to managing your finances, one crucial aspect is planning for your personal taxes. A key step in this process is organising…
Written by Sach
Payroll 101 – A guide for SMEs
Payroll is one of the most time-consuming, stressful, yet ultimately important administrative functions of your business. It involves the…
Written by Sach
Business expenses: a guide for limited companies
As the famous saying goes: ‘you’ve got to spend money to make money.’ That’s true now as it’s ever been, as businesses regularl…
Written by Sach
What is a P11D? A guide for SMEs
In the modern world of employment, it’s common for businesses to attract and retain their employees using perks or benefits.
For…
Written by Sach
What Is Cash Flow Forecasting? A guide for SMEs
Cashflow forecasting is the process of estimating the money that will come in and out of your business over a certain period of time. Itâ…
Written by Sach
The state of IR35 in 2023: A guide for freelancers and SMEs
As part of the UK Finance Act of 2000, IR35 has been an element of UK law for over two decades, but there still remains some confusion ar…
Written by Sach
How to make your finances more sustainable
There’s a strange phenomenon that happens when it comes to sustainability. It’s called the ‘action-intention gap’ — we want to …
Written by Sach
Changes to investment taxes in 2023 – how will you be affected?
In the coming financial year (2023/4), significant changes are being made to both capital gains tax, and tax on dividends, with savers an…
Written by Sach
Outsourcing your payroll function: A guide for SMEs
Despite being the second most outsourced function for businesses in the UK, many SMEs still aren’t reaping the benefits of outsourcing …
Written by Sach
2023 Budget: A summary for business and personal finances
Earlier today, Jeremy Hunt delivered his first budget as Chancellor of the Exchequer. Amongst other goals, the announcements focussed pri…
Written by Sach
Personal Finance 101 – Saving, spending and setting money goals
Many people struggle to manage their personal finances. They know they should be saving more, spending less, and setting achievable budge…
Written by Sach
How will the rise in corporation tax affect SMEs? – April 2023
From the 1st April 2023, the main rate of corporation tax for all companies in the UK will increase from 19% to 25%.
Businesses th…
Written by Sach
Finance Calendar 2023: Key dates for your SME and personal finances
Here’s our rundown of the key finance dates heading into 2023, and the start of 2024. We’ll cover off deadlines for PAYE, self assessme…
Written by Sach
Why your business should engage in scenario planning
Your business doesn’t exist in a vacuum. Outside economic shocks, be they widespread like the Covid-19 pandemic, specific to your indus…
Written by Sach
The Complete Self Assessment Tax Return Checklist
Self Assessment is a system which Her Majesty Revenue and Customs (HMRC) uses to collect income tax. This is usually deducted from wages, s…
Written by Sach
What insurance does my business need?
Starting and running your own business is a big risk. Entrepreneurs put up their own capital, and as such, they’ve invested a lot into ma…
Written by Sach
Research And Development Tax Relief For SMEs: A guide
Research and development (R&D) is typically seen as an endeavour for large companies, but small and medium sized enterprises (SMEs) c…
Written by Sach
Outsourcing Your Accounting : What are the benefits for your SME?
Are you the owner of a small or medium enterprise (SME) that’s thinking of outsourcing your accounting and bookkeeping? Taking this ste…
Written by Sach
Taxes 101 – How to become tax efficient
For small businesses, high earning individuals or sole traders and freelancers, becoming tax efficient is an important factor in maximisi…
Written by Sach
Building an effective budget for your SME
A well crafted and realistic budget is a vital tool for any small and medium sized enterprise. With tighter margins, and typically less s…
Written by Sach
Avoiding online tax scams: What should SMEs look for?
Online tax scams are a real danger for small business owners. Malicious actors target your business’ finances in many different ways; i…
Written by Sach
What Information Should I Give My Accountant for Self Assessment?
In the UK, self-employed people, also known as sole traders, need to complete a self-assessment tax return. It is advisable to use an Acc…
Written by Sach
A Guide to Xero for SMEs: Why you should switch your accounting software today!
Xero is an accounting system designed for small and medium sized enterprises (SMEs). It connects your SME with trusted advisors, who pr…
Written by Sach
Energy Crisis: Tips for SMEs
Global events are putting a strain on living expenses. The energy crisis that has been caused by the war in Ukraine has seen the prices o…
Written by Sach
Paper £20 And £50 Notes Cannot Be Used After September 2022
The Bank of England has confirmed that it will withdraw the legal tender status of £20 and £50 notes from 30 September 2022 onwards. Th…
Written by Sach
Guide to Tax Compliance, Planning, and Advice
Tax is one of the few things in life that carries a great certainty. Legislation in almost all countries in the world requires citizens and…
Written by Sach
Data Privacy and Accounting in the UK
Accountants need to gather and use certain information about their clients. These can include (current and former) customers, suppliers, bu…
Written by Sach
Advisory for Growth Support
Most businesses have a single goal: to grow, expand, and bring in more profits. But bringing in more revenue and hiring extra personnel is …
Written by Sach
What is outsourced accounting? A guide for SMEs
If you want to sustain the long-term success of your organisation, then proper management of your finances is crucial.
A lot of SME deci…
Written by Sach
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