Resources

Understanding auditing might sound like a headache, especially if you’re running a business. You’re juggling invoices, chasing payments, sweating about compliance, and then there’s that annual audit looming. You’re not alone in feeling a bit daunted. But what if we...

When you hear "AI", you might think of robots, sci-fi films, or Silicon Valley buzzwords. But here’s the truth- AI is already transforming accounting, and it’s not just for the tech giants. If you’re a small business owner still juggling spreadsheets or scrambling to...

If you submitted your Self Assessment for 2023/24 and owed over £1,000, or didn’t have 80% of your tax covered through PAYE, then HMRC will want you to make two Payments on Account: one by 31st January and another by 31st July each year. That means your second POA is...

Running a limited company gives you flexibility—but that doesn’t mean you can just dip into the business account whenever you fancy. If you're taking money out of your company and it's not salary, dividends, or expense reimbursement, chances are it's going through...

If you’re self-employed or earn income from property, big changes are coming your way. From 6th April 2026, you’ll need to follow new rules under Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) - and it’s not something you’ll want to leave till the...

If your business is VAT-registered but planning to deregister, or has already done so, there’s some good news from HMRC that could save you stress, time, and possibly money. As of 13th June 2025, HMRC has officially updated the VAT Regulations to give them the power...

New tax year. New rules. More admin. Sound familiar? Welcome to the 2025/26 payroll season – and if you’re an employer, brace yourself. There’ve been some big shifts this year, from higher employer NICs to updated statutory payments. If you’re running payroll...

It’s official – UK inflation has crept back up to 3.5%. For small businesses already juggling rising wages, energy bills, and supply chain headaches, this news will feel like salt in the wound. But don’t panic. While inflation adds pressure, with the right planning,...

Tax changes don’t have to mean sleepless nights. Here's what's landed this month – and how Accounts Direct keeps it simple for you. If you run a small business, you’ve probably noticed tax updates come thick and fast – and usually with enough jargon to make your head...