For many small business owners, VAT is one of the trickiest parts of managing finances. The rules can be confusing, the deadlines relentless, and the penalties harsh. But with the right systems in place, VAT doesn’t have to be stressful. Here’s why businesses often struggle — and what you can do about it 👇 ⚠️ Common VAT Challenges 1️⃣ Late registration  – Many owners forget that once turnover hits £90,000  (the current UK threshold), you must  register for VAT. Missing the d

If you’re a small business owner or self-employed, you’ve probably wondered:💭 “Do I really need an accountant yet?” The truth is — hiring an accountant isn’t just about filing taxes. It’s about saving time, avoiding costly mistakes, and having someone help you plan for growth. Here are some signs it might be time 👇 💼 1️⃣ You’re starting a new business An accountant can help you choose the right business structure  (sole trader vs limited company), set up bookkeeping system

If you’re starting a new business or considering restructuring, one of the first big decisions is how to trade  — as a sole trader  or a limited company . Each has benefits and drawbacks, and the right choice depends on your goals, income level, and risk appetite. Let’s break it down 👇 ⚖️ Sole Trader ✅ Pros: Simple setup  – You can start trading immediately, with minimal admin. Lower costs  – Fewer filing and accounting requirements. Full control  – You make all decisions an