In the realm of financial management, “trade debtors” may sound intricate, yet they hold immense significance that every business, big or small, should grasp. At TT Accountancy, we believe in simplifying intricate financial terms, ensuring our clients are well-equipped to make informed choices. In this blog post, we’ll delve into the universe of trade debtors, […]
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Nick Daws takes a look at the state pension, the changes over the last few years, and how much and when you are due to receive yours. Today I am looking at the state pension. This is a subject that concerns everyone, but may be of particular interest to readers who are approaching retirement age. […]
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Introduction: Welcome to the blog section of TT Accountancy! Gain a comprehensive understanding of the UK tax system, including income tax in the UK for foreigners, tax policy for businesses, and more. Whether you’re a business owner, self-employed individual, or seeking knowledge about UK taxes, this guide will help you navigate the complexities effectively. Conclusion: […]
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The Construction Industry Scheme (CIS) is a set of special rules covering tax and national insurance for those working in the construction industry. Businesses in the construction industry are known as ‘contractors’ and ‘subcontractors’ and should be aware of the tax implications of the scheme. Under the scheme, contractors are required to deduct money from […]
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If you are a business owner, particularly the owner of a new business, a business loan could make the difference and allow you to secure important inventory or equipment, helping you to take the next steps in growing your business. When applying for a business loan, the application process involves multiple steps, so you should […]
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The UK government is proposing new powers for law enforcement agencies to tackle cybersecurity threats and online crimes. Proposed changes to the 1990 Computer Misuse Act (CMA) are set out in a consultation paper. The CMA is arguably overdue for review and reform, given the evolution of technology and cyber threats to businesses and individuals in […]
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Running a business is a challenging endeavor, and managing the financial aspects of it can be overwhelming. That’s where TT Accountancy comes in. With years of experience and a team of highly qualified accountants, TT Accountancy can provide you with the financial guidance you need to make informed decisions and take your business to the […]
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As a small business owner, managing your finances can be overwhelming. But with the right accounting strategies, you can keep your finances in order and make informed decisions to grow your business. Here are five accounting tips for small business owners: It’s essential to keep track of all your business expenses, including receipts, invoices, and […]
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Many of us are beginning to feel the impact of the cost-of-living crisis, which can affect all aspects of life, especially if you have a business to run. Small changes to the way you operate, such as identifying alternate suppliers, and putting energy saving measures in place can have a significant impact on your overall […]
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When it comes to registering your business, you have a big decision to make. Today, we’re looking at the advantages of being a sole trader and what it means for your venture over the long term. Self-employment is on the rise, with more and more individuals deciding to go solo and set up their own […]
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