In accounting, cash doesn’t just mean physical notes and coins. It also refers to money available to the business, such as in…

Our Accounting FAQs series covers important accountancy terms to help you understand what everything means. This time we’re covering what balance sheets…

If you received the first or second Self-Employment Income Support Scheme grant, you will need to include it in your Self Assessment…

Overheads are the costs required to run your business that aren’t directly related to the product or service you provide. Your overheads…

A debenture is a type of loan agreement which is secured against a company’s assets (things that the company owns, such as…

When thinking about profit, the definition of it seems simple enough. That is until you realise there are two distinct types of…