Accounting

Creating a cash flow forecast needn’t be a headache for you and your business. This crucial practice can be achieved following our simple steps and advice.

We know it feels like the 31st of January is a long way away, but this date can creep up on you quickly. And you don’t want to be on the wrong side of HMRC or facing fines or penalties.

Finding the right accounting solution is crucial for every business. Accurate accounting ensures filing of accounts to Companies House, as well as your company tax return to HM Revenue and Customs (HMRC), is significantly easier. There are many ways to do your company accounts, how do you choose?

Our guide for owners of private limited companies helps you navigate the changing tax rates and allowances in 2022/2023.

Business cash flow can cause you a great amount of stress, and one main reason stems from late payments. Thankfully, you can take actionable steps to prevent this from happening, and get paid quicker. Read on to find out more.

What keeps your cash flow positive? Good cash management! That's why we've put together a list of eight actionable ways you can manage your cash flow and make more profitable decisions for your business.

With Osome you can view your purchases from anywhere, anytime, and see them organised by payment status. Thanks to time-saving automation, your bills are uploaded and managed into one central hub, so you’ll always be on top of what you owe, balance your books, and keep the tax people happy.

Osome makes it easy to organise your expenses and stay compliant when you declare your personal spending. Upload receipts, select which category they fit into, and watch the deductions roll in.

If you’re self-employed and your tax bill is more than £1000, you pay a payment on account. This is, essentially, paying your tax in advance on expected earnings. It’s quite a big extra chunk of money on top of your tax bill. But don’t fret, it can be managed.