To keep your business in good financial health and ride out the turbulence of current global uncertainty, staying on top of your cash flow management is key. Apply these 10 techniques to get started: 1. Be selective Turning down new business is not easy and needs steely resolve, but doing your research and turning down […]
If you are a contractor, self-employed or a small business owner, MTD, short for ‘Making Tax Digital’ is going to become more and more important in the coming months. In this article, you’ll learn what it is, how it will affect you and how to register for MTD. What is MTD? MTD is HMRC’s initiative […]
All you need to know before setting up as a sole trader Running a small business and considering whether to register as a sole trader? In this article, you’ll find everything you need to know about setting up as a sole trader, including the pros and cons, costs and more. Sole trader definition Sole traders […]
If you are a director of a limited company you are not legally required to appoint an accountant. However, there are many benefits to doing so. In this article, you will learn how an accountant can help improve your business, what accountants don’t do, costs, and how to choose the right one. Let’s start with […]
Getting organised when it comes to your finances is an important part of running a successful business. However, many self-employed small business owners fall into the trap of using one current account, which means that their personal and business expenses are mixed in together. Although you are not legally required to open a separate business […]
We are delighted to announce the release of a powerful new feature. Accountants will now be able to create journals from their Accountant Hub for clients that are using Countingup. Countingup is the first business current account in the UK with both journals and a trial balance report. Finally, this means that accountants and small […]
Trial balance, profit & loss and balance sheet reports Countingup is on a mission to make it easier for you to run your business. You might have already seen the new Category Picker and Tax Estimate features in your app, and now there is a big update for the Accountant Hub What’s new? Your accountant, when linked to your […]
Our category picker gets a revamp We’ve just released our new category picker and some new categories in the app. This update should make it easier to understand, view and change how your transactions (including bills & invoices) are defined. What’s new? The way categories are presented There are now five types of categories instead […]
Say hello to the Countingup Tax Estimate tool As the self-assessment tax deadline passes for another year and more than 1 million tax returns are still to be submitted, the worlds of banking and tax continue to collide to create new innovations for small businesses. We created the Countingup Tax Estimate tool to help make […]
Most entrepreneurs are no stranger to shiny object syndrome –– you know, that moment when you hit upon a cool new idea, a way to pivot your business you hadn’t previously thought of, a new avenue to explore, a new service to introduce? The problem is that it’s not easy to be all things to […]