Our accountancy blog is here to support small business owners with expert advice and practical tips on all things finance. Whether you're just starting out or managing a growing business, we know how overwhelming it can be to juggle daily operations while keeping track of your accounts, taxes, and financial planning. That's why we've created this blog—to help simplify the financial side of your business and empower you with the knowledge you need to succeed.
What is a Director’s Loan in the UK? Rules, Tax and Common Mistakes
If you run a UK limited company, chances are you have heard the phrase director’s loan and wondered what it actually means for you and[…]
Is It Worth Having an Accountant as a Sole Trader?
If you’re a sole trader in the UK, you’ve likely asked: “Do I really need an accountant?” With tax returns, receipts, and HMRC rules to[…]
Mileage vs Fuel Receipts: What’s Better for Your Tax Return?
When it comes to claiming travel expenses on your tax return, many self-employed people get stuck on one big question: Should I claim mileage or[…]
Small Business Growth: 5 Reasons to Hire an Accountant
Want to grow your small business with less stress and more control? Hiring an accountant could be one of the smartest moves you make. A[…]
How to Read your Profit and Loss
When you run a business, there is one report you need to get comfy with. The profit and loss. It shows how your business is[…]
CIS Mistakes and How to Fix Them
If you’re a UK contractor working in construction, chances are you’ve had a few headaches over CIS, the Construction Industry Scheme. You’re not alone. CIS[…]
How to Register as an Employer in the UK
Thinking about hiring your first employee or paying yourself as a director? That’s exciting stuff. But before you jump into payroll, you need to register[…]
How We Work at Simplex Accounting
At Simplex Accounting, we believe accounting should feel simple, not stressful. You’ve got enough to juggle as a business owner. Your accounts shouldn’t be one[…]
How to Reclaim VAT on UK Travel Expenses
Running a business means the costs can stack up, especially when it comes to getting from A to B. Whether it’s a train to a[…]
How to Set Up a Time to Pay Arrangement
If you’ve got a tax bill that’s bigger than your bank balance, don’t panic. You’re not the only one in this boat. Loads of business[…]
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