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My old accounting software was D grade, I feel like I’ve been upgraded to A grade.
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UK micro-businesses spend ten weeks of the year working on financial according to research from digital business bank Starling.
In a new report, the app-based challenger bank shines a light on the working practices of 5.6 million of the UK’s smallest firms.
Studying more than 1,000 British micro-businesses, it found that the average company clocks 79 man hours each week, with an average of 17 hours spent solely on financial admin tasks.
That’s a whopping 19% of their total time - or just under 10 weeks each year - spent doing some of the most mundane... more
Every year around 11 million Brits are required to submit and pay a self-assessment tax return by January 31.
Many people are already way ahead of the game, with around 3,000 people completing their returns on Christmas Day and about 50,000 filing on New Year’s Eve and New Year’s Day.
But with the deadline looming large, many more are looking for help to fill in their online forms. In this blog post, we look at some of the best sources of help for self-assessment strugglers, but first, we’ll find out who actually needs to complete a tax return.
... more
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