At LT Accounting, we recognise that keeping up-to-date with the latest accountancy news and regulatory changes is not merely a requirement—it’s a strategic edge for your UK business. Our knowledge hub is committed to delivering the most current and influential accounting insights, trends, and updates.
What are Payments on Account?
Your Guide to Navigating HMRC's Prepayments Understanding HMRC's Payments on Account can feel like deciphering a foreign language. This system might seem like an extra financial burden, but it's actually designed to help you manage your tax obligations more smoothly. So, what are these Payments on Account, and how do [...]
Navigating Maternity Pay for Self-Employed People in the UK
Ah, the joys of parenthood! A new chapter in life, filled with sleepless nights and baby giggles. But if you're self-employed, you might be scratching your head, wondering how maternity pay works for people like you. Fear not; we've got you covered. Let’s dive into the nitty-gritty of maternity pay [...]
Bookkeeping for Beginners: A Comprehensive Guide
Bookkeeping is a fundamental aspect of managing any business, regardless of its size or industry. It involves the systematic recording, organising, and managing of financial transactions. For beginners, bookkeeping might seem overwhelming, but with a clear understanding of its principles and practices, anyone can grasp the essentials. This guide aims [...]
Unlocking Efficiency and Accuracy with Hubdoc
Meet Your New Best Friend, Hubdoc! In the fast-paced world of business, managing finances can feel like juggling flaming torches. But what if there was a tool that could make your accounting processes not only simpler but also more efficient and accurate? Enter Hubdoc, the superhero of document management and [...]
What is a Company Shareholder?
Hello, dear business enthusiasts! Are you ready to dive headfirst into the fascinating world of company shareholders? Whether you're a seasoned investor or just dipping your toes into the murky waters of stocks and shares, this blog post is here to enlighten you. Let's journey through the labyrinth of shareholder [...]
Your Ultimate Guide to the 1257L Tax Code
Welcome to our comprehensive guide on the 1257L tax code! If you're scratching your head at those mysterious numbers on your payslip, you've come to the right place. We're going to break it down for you in a friendly, humorous way, ensuring you leave with a smile and a clear [...]