As a director or a self-employed professional, your focus should be on building, selling, and growing. But running a profitable business requires you to constantly navigate the dense and ever-changing landscape of HMRC compliance. For too many, compliance is the annual panic: the frantic scramble to find receipts, meet the deadline, and simply “get the […]
Tag Archives: business finances
ACCOUNTS, Business Growth, Business tips, Cashflow
The Business Budget: Your Financial GPS for the Year Ahead
16
Sep
Sep
Many small business owners see budgeting as a chore or something to get to “when there’s time.” Budgets can feel restrictive and complicated, but in reality a budget is one of the most freeing and empowering tools a business can have. It’s a financial GPS for the year ahead, helping navigate to goals without hitting […]
ACCOUNTS, Business Growth, Business tips, TAX
Prepare for Self-Assessment: How Directors Can Cut Costs and Avoid Penalties
01
Sep
Sep
The January Self-Assessment deadline can feel like a distant threat, but for directors it’s more than just admin — it’s a chance to take control of salary, dividends, and benefits, cut costs, and avoid penalties. Preparing early isn’t just about filing on time; it’s about actively managing your business costs, avoiding penalties and ensuring […]
ACCOUNTS, Business Growth, Business tips, TAX
Your Free Director’s Self-Assessment Checklist: A Simpler Way to Prepare
01
Sep
Sep
The January Self-Assessment deadline can feel overwhelming. If you’re a company director, it’s easy to put it off — but that last-minute scramble can lead to costly mistakes, penalties, and unnecessary stress. The good news is, preparing doesn’t have to be painful. It’s all about getting organised. Knowing exactly what records you need, and when, […]
21
Jul
Jul
Most small business owners have no shortage of numbers. Invoices, bank feeds, VAT returns, tax bills, dashboards, there’s plenty of data flying around. But more numbers don’t always mean more clarity. And if you’re only looking at the figures once a year (or when your accountant asks), there’s a good chance you’re missing valuable insights […]
10
Jul
Jul
Four Ways to Strengthen Your Small Business Money Mindset When you’re running a business, financial clarity is everything. But too often, small business owners are left reacting to numbers they don’t fully understand, chasing tax bills, losing money through small mistakes, or feeling like their profits are disappearing without explanation. At J2 Accounting, we help […]
ACCOUNTS, Business Growth, Business tips, Cashflow
Mid-Year Business Review Checklist: 4 Essential Steps for Small Business Owners
17
Jun
Jun
Half the year is already behind you — and if you’ve been deep in the day-to-day, it’s easy to lose sight of the big picture. That’s why July is one of the most powerful pivot points in your business calendar. At J2 Accounting, we help business owners take control of their finances, reduce stress, and […]
ACCOUNTS, Business Growth, Business tips
Take Back Your Time: How to Stop Wasting Hours on Accounting and Focus on Growth
21
Mar
Mar
The Hidden Cost of DIY Accounting Let’s be honest—most business owners don’t start their journey dreaming about spreadsheets, tax returns, and cash flow reports. Yet, many find themselves spending hours every month on financial tasks that take them away from what really matters: growing their business, serving customers, and enjoying a better work-life balance. The […]
17
Jan
Jan
Running a business means always having ten different plates spinning at once. You decide, every day, where your limited time is most valuably spent, but this can cause some tasks to fall through the cracks. Often, one of these tasks is preparing your company accounts and they end up being left to the last minute. […]
27
May
May
As a business owner, there's nothing worse than worrying about money. When you’re caught up in the short term, checking your bank balance every day to make sure you have enough cash to cover the bills, you don’t have any time to focus on the big picture. In short you're stuck doing business instead of [...]