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Industry news
...and Team Penn updates
Welcome, here is a collection of blog articles on accountancy, business and bookkeeping. Please contact us if you have any questions or need help with your own unique situation.
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Director’s Q4 Checklist: What Should Be on Your Radar
Being in control – that is probably one of the best feelings we can think of, and that is why we have put together the checklist below for all the Directors in anticipation of Q4.
The final quarter of the year is the best time to take stock, get ahead of deadlines, and set up for a strong start to 2026.

Irina Inayat
Oct 21, 20252 min read


INTERVIEW | Emma Aslett on the Importance of Business Wills & LPAs
Emma Aslett shares insights on Business Wills and safeguarding your legacy.

Irina Inayat
Jul 15, 20255 min read


Penn Accounts Now Registered as an Authorised Corporate Service Provider (ACSP)
At Penn Accounts, we are committed to staying at the forefront of regulatory change to better serve our clients and uphold the highest standards of compliance. That’s why I am pleased to confirm that Penn Accounts is now officially registered as an Authorised Corporate Service Provider (ACSP) with Companies House.

Irina Inayat
Jul 14, 20252 min read


Bookkeeper vs Bot: What You Get with a Human Accountant
Do I still need a human accountant? Explore the benefits of human insight over AI in accounting today.

Irina Inayat
May 29, 20252 min read


Common Accounting Mistakes to Avoid in 2025
At Penn Accounts, we are dedicated to helping businesses avoid these common pitfalls and achieve financial success.

Irina Inayat
Jan 14, 20253 min read


Your Ultimate 2025 Key Dates Calendar: Never Miss a Deadline Again
Keeping track of key tax deadlines is essential for maintaining compliance and avoiding unnecessary penalties. To help you stay organised, w

Irina Inayat
Jan 8, 20255 min read


Penn Accounts at Your Service
For businesses big or small, it’s true,
Penn Accounts is here for you!

Irina Inayat
Dec 11, 20241 min read


How to Change Your Accountant and Choose the Right One for Your Business
Looking to switch accountants? Learn how to change your accountant and find the right one for your business. Tips on smooth transition...

Irina Inayat
Oct 22, 20242 min read


Companies House Transitioning to New Single .Gov One Login System in Autumn 2024
According to a recent announcement by Companies House, from autumn 2024, Companies House will begin transitioning its online services...

Irina Inayat
Sep 28, 20242 min read


How the Economic Crime and Corporate Transparency Act Will Impact SMEs
The first set of changes under the Economic Crime and Corporate Transparency Act were introduced on 4 March 2024, and it is set to bring...

Irina Inayat
Sep 5, 20242 min read


AI and Accountancy
Accounting, a field not often associated with cutting-edge technology, is being transformed by AI.

Irina Inayat
Aug 13, 20243 min read


Understanding Days Sales Outstanding (DSO) in Accountancy
In accountancy, Days Sales Outstanding (DSO) is a crucial metric for assessing a company's financial health and efficiency...

Irina Inayat
Aug 5, 20241 min read


1-2-3 Guide to Solicitors Accounts Rules
Welcome to our 1-2-3 Guide series for simplified explanations of accountancy and bookkeeping topics. Get key ideas of complex concepts in...

Irina Inayat
Jun 14, 20242 min read


1-2-3 Guide for New Businesses in the UK
Discover the essential 1-2-3 Guide for New Businesses in the UK, covering key accountancy and regulatory requirements. Simplified advice...

Irina Inayat
Jun 14, 20242 min read


1-2-3 Guide to VAT
Welcome to our 1-2-3 Guide series where we explain different accountancy and bookkeeping topics in a simplified way, giving you the key...

Irina Inayat
Jun 14, 20242 min read


A Beginner's Guide to Understanding VAT (Value Added Tax)
This guide aims to demystify VAT, explaining what it is, how it works, and its implications for businesses and consumers.

Irina Inayat
Jun 14, 20243 min read


Essential Guide for New Businesses in the UK: Accountancy and Regulatory Requirements
Here is our summary of what a new business or startup needs to know about accountancy and the regulatory side in the UK to guide you.

Irina Inayat
May 20, 20243 min read


What are Solicitors Accounts Rules?
Solicitors are often involved in a very sensitive industry. When dealing with legal matters, they have access to a lot of private and...

Irina Inayat
May 17, 20243 min read


A Comprehensive Guide to UK Dividend Tax for 2024/25
Whether you're just starting out or making changes, dividends are likely on your radar, but you might not fully grasp what they are or...

Irina Inayat
Apr 22, 20244 min read


Measuring Business Health: 11 Metrics for Directors
Business success is not just about intuition; it is about informed decision making. These 11 key metrics help directors and CEOs assess...

Irina Inayat
Feb 10, 20243 min read
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