October Financial Forecast: Preparing Your Business for Year-End Success
Hello to all our dedicated readers! October has a certain magic to it, doesn't it? The leaves are turning shades of amber, the air gets a bit nippier, and there's that palpable sense of excitement as we approach the end of the year. While many are gearing up for...
Winter’s Coming! Tips from Bedford Accountants to Get Your Business Ready
Winter's knocking on our doors, and just as you'd prep your home with cosy blankets and a stockpile of hot chocolate, it's essential to ensure your business is snug and winter-ready. Here at Bedford Accountants, we've put together some friendly advice (with a side of...
How to Safeguard Your Business from Late Payment Challenges
We've all been there – the waiting game for a client's payment, followed by the tedious string of excuses or complete silence. It's a recurring issue, with recent studies indicating that 43% of invoices dispatched in the last year by UK-based SMEs and freelancers...
Embracing the Digital Revolution: How to Prepare for Making Tax Digital
The UK government has been working towards the digitisation of the tax system through the Making Tax Digital (MTD) initiative, and it's essential for businesses to prepare for this transition. In today's post, we'll be sharing some key steps to help you get ready for...
The Revolution of the Side Hustle (and how to start a business whilst still employed)
The side hustle has been the entry point for many an entrepreneur that is looking to set up and start their own business. It allows you to pilot your idea, iron out any kinks and stress test whether the idea / business is something you truly want to pursue. In our...
Kickstart Your New Tax Year: Tips for a Smooth and Efficient Start
As an independent accountancy firm with a strong client focus, we at Bedford Accountants Ltd are dedicated to providing valuable insights to help you and your business succeed. With the new tax year upon us, it's the perfect time to make sure you're prepared and...
How to drive traffic to your company website
Looking to drive extra traffic to your company website? Paid advertising is a great strategy to help if budget permits. So, what is paid advertising? Paid advertising as a marketing strategy that allows businesses to target potential clients based on their search...
Replacement of domestic items relief – a guide for landlords
If you earn income from letting property in the UK, you have a responsibility to ensure that the dwelling is safe and appropriately maintained. This may require you to replace household items, such as furniture, white goods, and carpets, when they are no longer fit...
How to Appeal a Self – Assessment Penalty
As a business owner, there are so many things to stay on top of. It can be hard to keep track, particularly when it comes to accounting dates to remember. However missing certain deadlines, such as filing your self-assessment tax return or making income tax payments...