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Dublin-based fintech startup Outmin combines real experience and AI to support SMEs with all their bookkeeping, tax and accounting needs. Managing accounts is no one’s idea of fun, but it is a vital part of any business. For SMEs, there is the option to spend a lot of money on outsourcing their accounting or hiring dedicated finance employees, or a lot of money and time on products and so...
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The app that's helping microbusiness owners manage "the business stuff" all in one place - from bookings and appointments through to invoicing and expenses...Running your own business might be a dream for many people, however there are some aspects of it which can be anything but. Whilst your days may be spent doing work that you really have a passion for, it can be easy to neglect the tedious stu...
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Donna Torres, director of small business at Xero UK shares some handy tips for preparing for the new normal and building a financial plan around it... There is some light at the end of the tunnel for small businesses. As the lockdown continues to ease many retailers and hospitality businesses are now opening up again, or preparing to return soon.    Preparing for what’s arou...
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Investing in the services of an accountant can yield considerable benefits, particularly for those who aren’t conversant in monetary matters. But not all accountants are created equal. Before making a hiring decision, you’ll want to devote some effort to determining which is best for you. Let's run through some of the criteria by which you might judge a potential appointment. How much...
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The new Making Tax initiative waves goodbye to paper reports once and for all. As it started from the beginning of April 2019 here's a handy overview. Just when we think we've found our stride amidst business meetings various, marketing efforts, managing your staff, and stressing over making ends meet - we get hit with another curveball. As if running your own startup wasn't difficult enough - we...
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From understanding more about how a business can invoice effectively to avoid late payments, to what debt recovery means, how to take legal action against overdue debt, how to make a statutory demand against a company, we chatted to Toby McMurray, Partner at commercial law firm Tughans, to find out more about managing payments. Tughans is one of the largest commercial law firms in Northern I...
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Exploring how technology is changing the accounting sector and how tech interaction is improving the overall client experience. Simon Dolan’s success began with placing a £10 advert in a local paper when he was 22. After working from a kitchen table for five years, Simon opened the first office and the firm grew rapidly, becoming a market leader in the contractor accountancy sect...
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Coconut, an app-based smart current account, combining banking and accounting services for the freelance and self-employed workforce, has opened 1,000 accounts since launch. Coconut, an app-based smart current account combining banking and accounting services, designed specifically for the UK’s ever-growing freelance and self-employed workforce has reached a significant milestone in opening...
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Starting out in the UK & considering trading as a sole trader? Here's some current sole trader & self assessment info you'll need to know, care of Bradley Post, Managing Director of Rift Tax Refunds. I'm setting up a business. Am I better off as a Sole Trader or a Limited Company? The first steps are the most important when you're setting out in a new business. A big part of ge...
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Challenger bank, Countingup, a UK business current account with integrated accounting and tax software, goes from from beta to official launch. Challenger Bank Countingup offers accounting and banking in one place for sole traders, freelancers and small businesses. Created in September 2017 by Tim Fouracre, Countingup is VC backed startup who have worked with more than 1,000 small businesses ...
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