An example of the Digital Age in the context of the Accountancy Industry.
Tax Saving Accountants

The Future of Accountancy in the Digital Age

Manual bookkeeping, human data entry, tax preparation processes, hours of paperwork… procedures that belong to a traditional understanding of Accountancy tasks that are approaching a swift finale.   The long hours spent chasing and collating clients’ financial figures, information gathering and filing, and a paper chase with HMRC, pose the systems that belong to ‘yesteryear’. […]

Tax Saving Accountants

How to Get Ahead in the New Financial Year

Well firstly, as the financial year end comes around, checking your accounts are ready will save you a lot of time in the long run as many businesses begin to think about what to do first. Starting to prepare ahead of time is a great idea. What does ‘year end’ actually mean?   Your Year-End […]

Tax Saving Accountants

The History of Accounting

The history of accounting practices is an interesting one worth delving into. It was quickly found that the invention of money came the need to track and audit its movement. At its most basic an “I OWE YOU” must have been one of the first ‘balance sheets’ ever seen but we have to speculate and […]

Tax Saving Accountants

Why Is Having An Accountant So Important For SME’s

Every month, over 200,000 small business open in the UK. Which means the need for an accountant is growing in demand at a similar rate. When opening a new business, it can be very stressful and busy; however, when it comes to looking after your business accounts, it is not something that can be pushed […]

Tax Saving Accountants

Top 4 Financial Trends for SME’s in 2019

Now that we are a month into the new year, 2018 is history. This year, it is expected that we will see a change in the financial trends for small and medium-sized business (SME’s). We will be discussing 2019’s top 4 financial trends for SME’s. At Stonehouse Accountants, we know that one of the most […]

Sole trader advantages
Tax Saving Accountants

Becoming A Sole Trader – The Advantages

Annual statistics released by the UK Parliment showed that the rise of small businesses has grown at the highest rate in history over the last 5 years. Starting your own business as a sole trader is very attractive for many people in the UK – are you considering it? A Sole Trader (also known as […]

Tax Saving Accountants

2018 Autumn Budget: The Last Budget Before Leaving The EU

The 2018 autumn budget has been released by chancellor Phillip Hammond, making this the last budget before Britain leaves the European Union. In this article, we will be rounding up the key announcements of the 2018 autumn budget. Tax Rates & Bands Chancellor Phillip Hammond announced he will be pushing on with increasing the basic […]

making-tax-digital
Tax Saving Accountants

How Will Digital Tax Affect Your Business

Digital tax is now less than a year away. In this article, we will cover what business owners need to know about making tax digital, as well as guiding you through the steps in order to prepare for the enormous change. HM Revenue & Customs (HMRC) is moving forward to become the most digitally advanced […]

Tax Saving Accountants

Self-Employed Tax Cut Dismissed by the Government

There was hope for the 2.7 million self-employed workers when plans were put in place to remove Class 2 National Insurance Contributions by April 2018. After already being delayed by a year, this September the government have announced this will no longer be happening. This action was expected to save millions of self-employed workers around […]

outsource accountants
Tax Saving Accountants

Why You Should Outsource Your Business Accountant

Often, new or small businesses consider using an internal team to manage their finances. This may be suitable for some businesses, however, we have chosen what we believe are the 4 most important reasons to why outsourcing your accountant will extremely benefit your business.   Put your time into what you’re an expert in Managing […]

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