Irina Inayat
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...
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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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Irina Inayat
Aug 133 min
AI and Accountancy
Accounting, a field not often associated with cutting-edge technology, is being transformed by AI.
Irina Inayat
Aug 51 min
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
Jun 142 min
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 142 min
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 143 min
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
May 173 min
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
Apr 224 min
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
Feb 103 min
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 102 min
Unlocking business success: outsourcing accountancy services
One strategic approach that has gained popularity is outsourcing, and when it comes to financial management, outsourcing accountancy...
Irina Inayat
Feb 101 min
Accountancy made simple: Penn Accounts
Penn Accounts are a specialist accountants catering to small and mid-sized businesses, enabling you to focus on your core business, your str
Irina Inayat
Jan 31 min
The new ‘side hustle tax’ for online traders on eBay, Vinted, Airbnb and more
According to the HMRC guidelines published on 05.01.2023, if you regularly sell goods or services through an online marketplace you...
Irina Inayat
Sep 28, 20221 min
Welcome to Penn Group of Companies
Welcome to Penn Group of Companies. Penn Account is part of Penn Group.
Irina Inayat
Apr 5, 20221 min
National Insurance Contributions Increased From 6 April 2022
Rates of NI Contributions increase by 1.25 % from 6 April 2022.
New rates for NI Class 1.
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