FWD Accounts welcomes two new team members
Regional accounting firm FWD Accounts is pleased to announce the appointment of two new faces to its growing team.
Blog
A glossary of common accounting terms
Navigating the world of accounting can be tricky with all of its different terms and phrases. This glossary will break down common accounting terms into simple, easy to understand explanations regardless of your knowledge level. Assets Assets are defined as “a resource controlled by the enterprise as a result of past events and from which…Read More
Common tax deductions for small businesses
Running a small business has its fair share of challenges, but understanding tax deductions can significantly ease the financial burden. Tax deductions work to reduce your taxable income, meaning you owe less to the taxman. Here, we outline some of the most common tax deductions that small business owners in the UK can take advantage…Read More
Essential bookkeeping tips for new entrepreneurs
Starting a new business is exciting, but keeping your finances in check can be challenging. Here are some essential bookkeeping tips to help you stay organised and stress-free: By following these tips, you’ll build a strong financial foundation for your business, allowing you to focus on growth and success. Remember, good bookkeeping practices are essential…Read More
Understanding VAT
If you’re new to business, VAT can appear to be complex. This guide is will demystify VAT and equip local business owners with the knowledge they need to navigate this crucial aspect of financial management. What is VAT? Value Added Tax (VAT) is a consumption tax levied on the value added to goods and services…Read More
Useful Whatsapp features
Over the last few years, WhatsApp has gone from being just another messaging system, to one that is integral in our day-to-day business. There are so many aspects of it that are very useful, and yet rarely used… WhatsApp for the web Using WhatsApp on your desktop is great for those who love a standard…Read More
Post Self-Assessment Tax Payment: How our Accounting Experts can Help to Boost your Cash Flow
The self-assessment tax payment date has come and gone, and if you found it impacting your cash flow, you’re not alone. At FWD Accounts, we understand the financial strain that tax obligations can impose on businesses and individuals. But fret not – the story doesn’t end with the due date. In fact, it’s just the…Read More
A Guide to Planning for Your Business in 2024
A Guide to Planning for Your Business in 2024 As we step into 2024, it’s essential for businesses to chart a course that ensures financial stability and growth. At FWD, we understand the importance of strategic financial planning, robust budgets, and proactive cash flow management. In this article, we’ll guide you through the key steps…Read More
The 2023 Autumn Statement
The Chancellor recently unveiled the Autumn Statement, concluding with unexpected announcements, a National Insurance cut. This article dissects key takeaways from the 2023 Autumn Statement and sheds light on the support offered. How the Autumn Statement Impacts Small Businesses and the Self-Employed A primary focus of the Autumn Statement lies on small businesses, with…Read More
Dealing with late payments
How to deal with late payments As a business owner it’s likely you would have dealt with late payments from customers at some point. But what is the best strategy to deal with late payments? Here are some key things to keep in mind when chasing late customer payments. Don’t jump to conclusions It’s important…Read More
Public speaking tips for business owners
When you are passionate about owning your own business, not enjoying speaking in public shouldn’t hold you back. Unfortunately, there’s no way around it other than practice. But the good thing is the more you do it the more you get used to it. But to give you a head-start in getting confident in public…Read More
How to make your meetings the most productive
Ensuring team meetings are worthwhile is beneficial for everyone, for you as the business owner and for your team to ensure their time at work is being used in the most efficient way possible. Remember, it’s not just the time of the actual meetings that takes up time in the day. It’s the preparation for…Read More
Self-development books for business owners
There are a lot of business books out there, so how do you know which to choose? If you’re looking for self-development books, we’ve compiled the ultimate list. As a business owner you never stop learning and your business changes. And your ability to adapt to these changes is what the survival of your business…Read More
Tax Rates 2023/24
Please click here to get the latest 2023/24 Tax Rates PDF guide.
How to create a health work-life balance
The key to running your business efficiently is understanding which tasks are the best use of your time, and which should either be outsourced, re-strategised or taken off your to-do list completely. We’ve compiled a list of 8 ways busy business owners can practice self-care, through making small changes in their businesses that will have…Read More