How to Use AI in Accounting: The Dos and Don’ts

How to Use AI in Accounting: The Dos and Don’ts

Unless you have been living under a rock over the past year or so, you will be well aware of how AI has been transforming the way businesses operate. From automating tasks, to boosting productivity, to streamlining processes. However, as with any powerful digital...
Why Is An Overdrawn Director’s Loan Account A Problem?

Why Is An Overdrawn Director’s Loan Account A Problem?

So you have an overdrawn directors loan. You didn’t even know what it was at first, but you really need to know why it’s a problem.  Basically, the problem is that it looks like you owe your business money and that might lead to some, possibly significant, tax to...
Could you get £50,000 to switch business bank?

Could you get £50,000 to switch business bank?

£50,000 to switch business bank!? Before you get too excited there are limited circumstances where this applies and by now, you should know you’re eligible.  But, in case you’ve not received the letter or maybe have forgotten, here’s a reminder of...
The Best Ways to Get Foreign Currency

The Best Ways to Get Foreign Currency

No matter how you plan on spending your summer holidays, we all want the same thing when it comes to foreign currency – to get the most for our money. And in this short blog post, we’re going to take a look at just some of the ways you can get the best rate while overseas.