What are the benefits of working with an Accountant specialising in Tech Start-ups?

Technology startups are taking over the world, and here at Broadwing Accountancy we believe this can only be a good thing! In the UK and across the globe, the innovation coming out of tech startups is astonishing, and it will only continue to grow. At Broadwing Accountancy, we have been working with Tech Start-ups, SME’s […]

6 golden rules of accurate cashflow forecasting

How to avoid cash flow problems with sound planning and plugging in the right numbers.   Cash is the lifeblood of any business and making sure you know how it flows in and out of yours is vital to success. Plenty of profitable businesses have been upended by unexpected cashflow problems, but by forecasting and […]

Why it is important to give back

Here’s an important life lesson: no matter how tough you think your life is, there’s always someone who has to face challenges that are even tougher than yours. Not only basic things like making money, getting food, or having a place to rest at night, but also the possibility of taking part in some entrepreneurial […]

Tax: what you need to know as a working self-employed actor

Life as an actor can be very hectic – rushing to auditions, rehearsals and performances, so 9 times out of 10 the mundane things, such as accounts are put to one side for a rainy day and get overlooked or even forgotten! But each year like all self-employed people, a tax return has to be […]

5 undervalued benefits of outsourcing your small business bookkeeping

Outsourcing your small business bookkeeping has never been easier or more compelling than it is today. The expansion of online technology in general, and of cloud computing in particular, has drastically changed the way we all do business. Finding, contacting, and ultimately working with those services that can help your company run more smoothly—and generate a […]

Business Process Outsourcing: could it help my small business?

Outsourcing is no longer for just big businesses, it could help you run your start-up more efficiently and save you time and money long term. Many businesses in today’s markets are outsourcing business support roles, also known as business process outsourcing (BPO), including Lloyds, HSBC, British Airways and Carlsberg. Outsourcing is becoming more accessible to […]

What you need to look for if you’re outsourcing your accounts

Outsourcing can benefit small business by saving time and costs. So, what should you look at for? In small businesses, the accounts function often tends to stay in-house and it can be quite a dilemma to consider outsourcing it. Many businesses only ever consider the cost implications and not the benefits when considering outsourcing, which […]

Accounts: Outsourcing vs Insourcing

Outsourcing vs Insourcing: When should your company resource on demand? In today’s market, many companies are outsourcing an increasing number of tasks, ranging from Accounting, IT, Admin/Back Office Support and Sales & Marketing. To find out when and why you should insource and outsource business processes, watch this this short video. If you’re thinking about […]

31st January is nearly upon us! Tax return completed and filed?

No? Don’t panic! Here’s your easy guide to meet That Deadline! The deadline for completing 2016/17 tax returns is now 8 DAYS away and probably approaching far too fast for the over 11 million people who need to file Self-Assessment tax returns each year. I bet many of you didn’t realise that if any return filed […]

I’m going Self Employed. What do I do about HMRC?

Firstly, you need to register with the tax office. This doesn’t need to be done in person; this can be done online. Registration on the HMRC website does take a little time, but ultimately is just a series of form filling pages. Once complete, you are then issued with a password and a UTR (Unique […]