Catch up on the latest accounting & financial news here from Braant.
Online accounting software which was first developed in the early 2000s has become a highly popular platform for bookkeeping and accounting. From invoicing to quoting, businesses have used these cloud...
Read more > about Benefits Of Moving To A Cloud Based Accounting System
Starting in April 2026, HMRC is implementing a significant change to how late filings for Income Tax Self-Assessment (ITSA) are managed. The previous system of automatic fixed penalties for a single missed deadline is being replaced by a points-based…
For many UK SME owners, January represents a critical transition period. It is the season for essential compliance: filing tax returns, reconciling payroll, and finalising year-end accounts. But as satisfying as ticking boxes might be, the real opportunity is…
As the financial year-end approaches, bookkeeping often shifts from a to-do later task to a significant administrative burden. In simple terms, year-end bookkeeping is the process of completing, consolidating, and finalising your financial records. This ensures your books are…
Capital Gains Tax (CGT) is what you pay when you sell or dispose of something that has grown in value. The tax applies to taxable gains, not the total sale price, and it typically applies to asset sales such…
Building a business is exciting, but it also brings financial challenges. Startups and SMEs often concentrate on immediate goals such as sales, hiring, and product development, while long-term financial planning can fall behind. This is where strong financial leadership…
One of the first questions any business owner faces is how to pay themselves. Should you take drawings or a salary? The answer depends entirely on your business structure.
Different rules, obligations and tax consequences apply to sole traders, partnerships…
Audits can feel like a little bit of a dark art for small and medium-sized businesses. You might tune out the minute it comes up and think “stress,” “paperwork,” “that thing big companies do”. But what about audits and…
If you’ve ever started a new job and been automatically signed up to a pension without having ever lifted a finger, that is auto-enrolment at work. It’s a government program designed to encourage more people to save for their…
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