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.

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 292 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 85 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

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

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 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

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

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

Welcome to Penn Group of Companies

Welcome to Penn Group of Companies. Penn Account is part of Penn Group.

Irina Inayat

Sep 28, 20221 min read