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Calendar, Tax, Financial and Company years - what is the difference?

Posted 13 Jun 16

Running a successful business involves staying on top of your bureaucratic and administrative responsibilities. However, keeping track of all the paperwork and deadlines related to submitting it to HMRC and Companies House can be an exhaustive and confusing tax. Read More »

Managing Your Small Business Accounts

Posted 12 Jun 16

From creating and marketising your products, through dealing with potential and current clients and contracts, to administration work and bookkeeping tasks; as a small business owner you will be covering all areas of running your limited company. Read More »

The Difference Between Income and Profit

Posted 05 Jun 16

Although the terms ‘profit’ and ‘income’ can be interchangeable when discussing net and gross figures, there is a difference between them when we refer to net income and net profit after tax. Read More »

What is Bookkeeping?

Posted 28 May 16

One of the aims we set ourselves at Tawanda Accountants is to make the process of accounting and bookkeeping as simple as possible. We want to make sure our clients never have to worry about keeping track of their accounts and dedicate all the time and energy in growing and developing their business. Read More »

How to Survive a Business Disaster?

Posted 17 May 16

It can happen to the best of us, or should we say, especially to the best of us. Running a successful business will require to take a risk every once in a while. You might hope to invest in a product which has never been available within the market you target, or branch out to explore the new business environment. Read More »

Guide to pre-trading expenditure

Posted 15 May 16

Forming your own business might require you to make investments before you start trading. These expenses might cover the goods and services that your trade will provide, for example stock; the organisation of trading premises, insurance and advertising. Read More »

What is Branding?

Posted 08 May 16

The term ‘branding’ has grown popular in the recent year in marketing circles. Previously reserved by big corporations, today ‘branding’ is used in reference to both large and small businesses. Read More »

Transferring Business Ownership

Posted 27 Apr 16

There are many advantages of running a limited company, including protection through limited liability, tax and national insurance efficiency and improved reputation. Read More »