If you’re working in the construction industry as a subcontractor, you’ve probably heard of CIS — the Construction Industry Scheme. But do you know the difference between Gross and Net …
CIS Gross vs Net Payments: What Subcontractors Need to Know
Use Your Profit & Loss (P&L) statement and Balance Sheet to Grow Your Business
Learn how to use your Profit & Loss statement and Balance Sheet to make smarter business decisions, improve cash flow, and increase profitability. Why Your Profit & Loss and Balance …
How Bookkeepers Can Help Your Business
🐄 Why Bookkeepers Are Secret Weapons for Your Business Especially When They’re from Moo Bookkeeping Why Bookkeepers are secret weapons for your business. Running a business is like juggling flaming …
Employment Allowance in the UK: Eligibility and Application Process
What is Employment Allowance? Employment Allowance is a significant initiative introduced by the UK government to provide financial relief to eligible employers by reducing their National Insurance contributions (NICs). This …
Working from Home. What Are Your Entitlements as a Sole Trader ?
Introduction to Sole Trading and Working from Home So what can a Sole Trader working from home claim for? Sole trading refers to a form of business ownership where an …
Understanding the Impact of Inflation Rates on Small Businesses in the UK
What is The Inflation Rate and How is it Measured? Inflation Rates are defined as the rate at which the general level of prices for goods and services rises, leading …
Understanding the New Minimum Wage and National Insurance Contributions in April 2025 in the United Kingdom
Introduction to Minimum Wage Changes In April 2025, the United Kingdom will implement significant changes and bring in the new minimum wage, which will have far-reaching implications for workers and …
Understanding Pension Re-Enrolment Declarations Every 3 Years in the UK
What is Pension Re-Enrolment? Pension re-enrolment is a crucial aspect of the UK pension system designed to ensure that employees are continuously afforded the opportunity to participate in workplace pension …
Understanding Break-Even in Accounting: A Comprehensive Guide
What is Break-Even Analysis? Lets look at understanding Break-Even in Accounting. Break-even analysis is a fundamental financial assessment tool used in accounting to ascertain the point at which a business’s …
Understanding the Difference Between a Bookkeeper and an Accountant
Defining Bookkeeping and Accounting A Bookkeeper and an accountant are two distinct yet interconnected financial practices essential for businesses of all sizes. Bookkeeping primarily focuses on the systematic recording of …