Accounting Blog

Late-paying clients can quietly distort your books if income is recorded at the wrong time. This guide explains how to handle late payments under cash and accrual accounting, avoid double-counting revenue, track receivables accurately, and keep your profit, tax, and cash flow reports clear and reliable.

Learn how to handle taxes when earning from multiple online platforms. This guide explains income types, reporting rules, deductions, cross-border issues, and recordkeeping for creators, freelancers, and sellers. Understand self-employment, platforms, payouts, VAT, and compliance so you can report accurately and avoid costly mistakes across countries and digital business models.

Preparing accounts with inconsistent income requires clarity, consistency, and systems that reflect reality. This guide explains how to choose the right accounting method, track timing issues, manage cash flow, plan for taxes, and use rolling reports so uneven revenue doesn’t distort decisions or derail long-term financial stability for growing businesses.

Can you claim professional membership fees as a business expense? This guide explains when memberships are deductible, the “wholly and exclusively” test, differences for self-employed people, employees, and companies, and how to handle mixed-use memberships, subscriptions, CPD, and networking costs without triggering tax problems or costly compliance mistakes later audits.

Part-time self-employment still requires proper bookkeeping. This practical guide explains which records to keep, why they matter, and how simple, consistent recordkeeping can reduce tax stress, prove income, track profitability, and keep your side business organised, compliant, and financially sustainable over time.

Can you claim laptop repair or upgrade costs for business use? This guide explains the difference between repairs and upgrades, how mixed personal and business use affects deductions, when costs are deductible or capitalised, and what records to keep so you can claim confidently and correctly.

Missed the UK Self Assessment registration deadline? Learn what registration really means, how it differs from filing and payment, and why delays can trigger failure-to-notify, late return penalties, and interest. Get a practical action plan to register, gather records, file fast, pay, and minimise HMRC stress before problems snowball further.

This guide explains when PR and media services count as deductible business expenses. It covers press releases, media outreach, digital PR, crisis communications, and thought leadership, outlining the “wholly and exclusively” test, common claimable costs, grey areas like personal branding, and how to document PR spend defensibly.

Selling online courses or coaching creates real tax obligations. This guide explains income tax, self-employment tax, VAT/sales tax, deductions, business structures, and cross-border rules for digital educators. Learn what records to keep, how different offerings are taxed, and how to avoid costly compliance mistakes as you grow.