What is Cash Flow and Why Does it Matter to My Business?

What is Cash Flow and Why Does it Matter to My Business?

We often speak to businesses who are frustrated that they’re profitable but have no cash…’how come I have to pay tax if I’ve got no money?’, sound familiar?  In this blog we’re going to look at why cash is king, what is cash flow and how and why you monitor it in your...
Do I Need An Accountant If I Have Xero?

Do I Need An Accountant If I Have Xero?

Updated 10th January 2025 We couldn’t even begin to fathom how many times we have heard this question. In fact, in the UK alone, people type (verbatim) “Do I Need An Accountant If I Have Xero?” into the search bar fifty times a month on average. It’s fair to say that...
Six Best Underused Xero Features

Six Best Underused Xero Features

Updated 17th December Coming to grips with a new tech platform in any context can be a tricky task. Each and every virtual business tool comes with an array of alluring yet often confusing features these days. Therefore many people don’t feel the need to delve any...
Preparing Your VAT Return – 5 Things To Remember in 2025

Preparing Your VAT Return – 5 Things To Remember in 2025

Updated 14th December 2024 “VAT returns”… The two words that have the ability to make a small business owner shrivel with dread. It’s one feature of creative business accounting that brings about confusion and panic before the process has even begun. After...
2024 Budget Review

2024 Budget Review

In the lead up to the 2024 budget there was a considerable amount of speculation around increases to National Insurance and Capital Gains Tax. Commentary suggested an attack on business owners was incoming. So how did it really play out? The budget held on October...
An In-Depth Guide to Claiming Business Expenses

An In-Depth Guide to Claiming Business Expenses

As a creative business owner, keeping on top of your finances may seem dull, but it is also business 101. However, having been accountants in the creative industry for many years, we are always surprised to find just how many businesses are in the dark about their...