Author name: monarc

Running a small business often means wearing many hats— technician, manager, marketer, and even accountant.  Trust me, as a business owner myself, I get it. I think we’ve all been there at some point in our journey. However, trying to handle every aspect of your business can quickly become overwhelming and lead to burnout, especially […]

Are you sick and tired of chasing late payments, reconciling bank statements, processing payroll and tracking expenses? What if there was a way to streamline all these processes and free up hours of your time?  Well, I’ve got great news my friend.  Financial automation is transforming how small businesses handle their finances. By automating key

Value Added Tax (VAT) is one of the most complex and challenging aspects of tax compliance for UK businesses.  Whether you’re running a retail shop, a hospitality business, or investing in property, understanding and managing your VAT obligations can be a significant drain on your time and resources. However, getting your VAT strategy right can

As the end of the financial year approaches, a lot of business owners often find themselves scrambling to get their finances in order. While it might be tempting to leave tax planning to the last minute, doing so can result in missed deductions, higher tax bills, and unnecessary stress.  But what if there was a

Fancy making your money work smarter, not harder? Know Tax benefits for property investors or Real estate investors in the UK might be your golden ticket. The taxman has got some pretty sweet deals for property buffs. From trimming your income tax to swerving capital gains, there’s a whole lot to grin about.  Tax benefits for

Feeling overwhelmed by taxes for your hotel or restaurant?  Tax planning strategies for hospitality businesses and the retail sector are clever ways to manage money. They help hotels, pubs, restaurants, and retail stores pay less tax legally. These methods use rules and laws to save cash for the business. They can include special deductions and

Tax deductible expenses for UK retail business owners are costs that can be subtracted from income before calculating taxes.  These include rent, inventory, employee wages, utilities, and marketing costs. Claiming these expenses reduces the business’s taxable profit, potentially lowering the overall tax bill. Are you leaving money on the table with your retail business taxes?

As a retailer based in the UK, you’re balancing many responsibilities: managing stock, serving customers, and ensuring that your business remains profitable.  But while these tasks demand your daily attention, effective accounting often takes a back seat—until year-end tax filings or financial troubles arise, right? That shouldn’t be the case, mate. Because accounting isn’t just

Whether you’re just starting or are an experienced property investor, you must have discovered by now that the financial side of property investment can be complex. There are many metrics that help gauge the success and potential of your investment. but knowing which one to use, and when, is where the problem is. And why

Every industry has its own challenges that plague those in it and keep them up at night. The hospitality industry is no different. It faces unique financial challenges, from managing unpredictable demand to dealing with rising operational costs.  For many hospitality business owners, dealing with these challenges while maintaining profitability can seem like a herculean