by Yesim Tilley | Oct 10, 2025 | Latest Posts
Why Manufacturing Accounting is Different Accounting in a factory is very different from normal business accounting. Factories have to manage raw materials, labour, machinery, overheads, and taxes, all while making sure every product is profitable. Small mistakes can...
by Yesim Tilley | Oct 8, 2025 | Latest Posts
Factory Overheads & Accounts: A Guide for Manufacturers to Save Costs Running a factory is not only about making products. It is also about managing money carefully. Factory accounting is the way a factory keeps track of all the money that goes in and out, from...
by Yesim Tilley | Oct 6, 2025 | Latest Posts
Legal Ways to Avoid Paying 40% Tax When You’re Self-Employed Why Self-Employed People Pay 40% Tax If you’re self-employed in the UK, you pay tax on your profits. The rates are: 20% (basic rate) on income up to £50,270 40% (higher rate) on income between £50,271 and...
by Yesim Tilley | Oct 4, 2025 | Latest Posts
Sole Trader vs Limited Company: Tax, MTD IT, and Business Growth Understanding the Basics If you’re starting a business in the UK, one of the first choices is whether to be a sole trader (self-employed) or set up a limited company. A sole trader is simple: you work...
by Yesim Tilley | Oct 2, 2025 | Latest Posts
Cost Per Install Explained: A Guide for Installation Businesses Why Knowing Your Cost Per Install Matters For installation businesses whether you specialise in fire alarms, electronics, or general installations understanding the cost per install is critical. It allows...
