How Outsourcing Business Bookkeeping Helps Your Business Grow

How Outsourcing Your Bookkeeping Helps Your Business Grow

How Outsourcing Your Business Bookkeeping Helps Your Business Grow A Closer Look at Some Benefits of Outsourcing Your Bookkeeping Bookkeeping duties are generally widely regarded as dreary and complicated. At Spartan Accounting Group, we understand that these tasks are best performed by individuals who are driven by passion for the field. We also realise that…

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SEIS/ EIS – How to Raise Capital the Tax-Efficient Way

SEIS/EIS - How to Raise Capital the Tax-Efficient Way

SEIS/EIS – How to Raise Capital the Tax-Efficient Way Using the Enterprise Investment Scheme to Grow Your Business  As a new small business owner, one crucial aspect of survival is securing funds for your company. While there are methods such as crowdfunding or relying on family or friends to help out financially, offering relief through…

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How Accountants For SME Can Help You Meet Your Payroll Obligations

How Accountants For SME Can Help You Meet Your Payroll Obligations

How Accountants For SME Can Help You Meet Your Payroll Obligations What Payroll Obligations Do SME Have In Their Business? When starting a business in the UK, it’s essential to manage your employees efficiently while understanding and adhering to many aspects related to payroll and employment regulations. If this isn’t your area of expertise, it’s…

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What You Need To Know About HMRC Self-Assessment

What You Need To Know About HMRC Self-Assessment and Penalty Waivers in 2022

What You Need To Know About HMRC Self-Assessment and Penalty Waivers in 2022 What is Self-assessment and Why Do I Need an Accountant? Self assessment is a system that HM Revenue and Customs (HMRC) uses to collect freelancer tax and personal tax. Tax is usually deducted automatically from wages, pensions and savings. People and businesses…

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Maintaining a Healthy Cash Flow With Spartan Accounting Group

Maintaining a Healthy Cash Flow With Spartan Accounting Group

Maintaining a Healthy Cash Flow With Spartan Accounting Group Keeping Track And Monitoring Your Cash Flow If you want long-term security as a small business, one of your main priorities should always be cash flow. A consistent inflow/outflow is crucial for the running of daily operations, taxes, inventory, and staff payments. Here are a few…

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Digitalising Accounting Systems: Moving Offline Accounting Online

Digitalising Accounting Systems: Moving Offline Accounting Online Digitalising Accounting Systems; The Modern Solution to Accounting Digitalising accounting systems have now become the norm in the accounting industry. You may have recently been hearing more and more about “the cloud”, but perhaps you aren’t really sure how this ties in with accounting? In this blog post,…

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How To Prepare Your Business For an HMRC Audit

How To Prepare Your Business For an HMRC Audit Who Gets Chosen by HMRC? HM Revenue and Customs (HMRC) have the right to investigate your business if they so choose, to ensure that your business is compliant and paying the correct amount of tax. Additionally, tax investigations seem to be on the rise, with HMRC…

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Getting Closer To The UK Version of SOX

Getting Closer To The UK Version of SOX

Getting Closer To The UK Version of SOX Understanding SOX A Bit Better First things first; what exactly is SOX? The Sarbanes-Oxley Act details can be fairly complex, however, “SOX compliance” refers to the annual audit that public companies in the USA are subject to. This involves providing proof of accurate and data-secured financial reporting.…

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An Introduction to HMRC’s New Late Points System

An Introduction to HMRC’s New Late Points System

An Introduction to HMRC’s New Late Points System A Look At the New HMRC’s Late Points System Policy Income Tax returns. These new changes have been brought on in an effort to combat late submissions in a fair and consistent manner. This means that the new system will be fairer on those who occasionally miss…

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British SME’s Face Extra £180m In Brexit Red Tape

British SME’s Face Extra £180m In Brexit Red Tape

British SME’s Face Extra £180m In Brexit Red Tape New EU VAT Rules For British SME’s New EU VAT rules that will come into effect on 1 July 2021 will see many small businesses across the UK having to fork out in order to stay compliant. These rules were originally imposed in an effort to…

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