Accountancy FAQs
Unsure about VAT? Confused between IR35 and CIS? Find answers to frequently asked questions about accounting, business and finance. Our articles and guides cover a range of accounting FAQs help take the mystery out of HMRC jargon, so you can run your business in straightforward terms.
Where Can I Find My Unique Taxpayer Reference (UTR) Number?
4 June 2026
Along with your name and date of birth, HMRC uses unique reference numbers to help them locate and manage your tax...
Read More
Can I Do My Own Tax Return?
19 May 2026
Lots of people submit their own Self Assessment tax return for all sorts of reasons. In this article we’ll go over...
Read More
What is Cash Flow in Business?
18 May 2026
Having cash in your business doesn’t just mean physical notes and coins. In accounting terms ‘cash’ also refers to any other...
Read More
Understanding Accounting Terms: Gross and Net Profit
15 May 2026
The definition of profit seems simple enough, but in the business world there are two distinct types of profit – gross...
Read More
Accountants for the Legal Industry
8 May 2026
The legal profession can be an unusual one as far as accountancy goes, so it’s often useful to engage with an...
Read More
What is a Letter of Intent When Selling a Business?
7 May 2026
A letter of intent sets out everyone’s intentions regarding the transfer of a business, so there’s a good chance you’ll come...
Read More
Protecting Your Business Name, Intellectual Property and Trademarks
6 May 2026
Some business assets, like stock, premises, or cash are easy to recognise, but your business name, slogan, and brand identity is...
Read More
What is Depreciation?
3 May 2026
Depreciation is the declining value of a fixed asset throughout its usable life. It’s used in accounting to spread the cost...
Read More
Access HMRC Online: Government Gateway ID and GOV.UK One Login
1 May 2026
You’ll need to register and sign in to use HMRC’s online services so you can access things like your Personal Tax...
Read More
Understanding Accountancy Terms: Overheads
26 April 2026
Overheads are costs which you incur in order to run your business, but they aren’t directly related to the product or...
Read More
What is the Best Way to Take Invoice Payments from Clients?
20 April 2026
You’ve done the work, completed the project, provided the goods, and now you’re ready to invoice your client… so how do...
Read More
Accountants for Barristers
18 April 2026
Whether you’re training to become a barrister or already in practice, managing your tax returns and ensuring your tax bill is...
Read More