When managing a business, financial accuracy and strategic planning are crucial to long-term success. Many business owners face the dilemma of whether to handle their accounts themselves, hire a bookkeeper, or engage a professional accountant. Here at Thirlwell and Co...
The self-assessment tax return deadline of 31 January 2025 is fast approaching, and for individuals, sole traders, and limited company directors, it’s crucial to file accurately and on time to avoid penalties. At Thirlwell and Co Chartered Accountants, we specialise...
Preparing for Making Tax Digital: Why Early Adoption of Online Accounting Software is Crucial for Businesses The UK Government’s Making Tax Digital (MTD) initiative is transforming the tax system, bringing it into the digital age. By requiring businesses to...
When starting a new business, one of the most crucial decisions you’ll face is choosing the right business structure. The two most popular options in the UK are setting up as a sole trader or forming a limited company. Both structures have their unique advantages and...
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