Blog - Holeys

06-09-2023

Cloud-powered accounting: Advancing beyond traditional cloud accounting systems

In modern businesses, cloud accounting has now become the norm rather than the exception. With real-time access to financial data, enhanced security, and a variety of other

31-08-2023

How to save £2,000 in taxes on your childcare costs

A Government scheme could help parents save up to £2,000 on their childcare costs through tax reliefs aimed at working parents. The reliefs come in the form

30-08-2023

Best practices for business and personal finances

Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make. Whilst it may seem convenient at first, there can

24-08-2023

Three things to consider when forecasting your finances as a small business owner

Forecasting is the act of looking at past and present financial data to predict future costs, expenses, and profits. Small businesses do this to tailor their business

23-08-2023

Navigating estate planning and Inheritance Tax: what you need to know

HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to July 2023, making this a record high.

23-08-2023

Navigating estate planning and Inheritance Tax: what you need to know

HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to July 2023, making this a record high.

17-08-2023

The role of cloud accounting in modern businesses

In today's digital age, the way businesses manage their finances has seen a seismic shift, largely due to the introduction and growing popularity of cloud accounting. For

16-08-2023

Understanding Director’s Loan Account (DLA) and the risks involved

Directors might opt to either lend money to or borrow from their own company. This type of transaction is called a director's loans, and they are recorded

10-08-2023

Staying up to date with MTD for ITSA

In December 2022, the plans for Making Tax Digital for Income Tax Self-Assessment changed again, as the Government announced that instead, MTD ITSA would be introduced in

09-08-2023

Understanding tax obligations for charities

Knowing your charity’s obligations to HM Revenue & Customs (HMRC) is important, as you will have different requirements to standard businesses. Whilst charities are not exempt from

03-08-2023

Top tips for being a successful business owner amid financial challenges

Running a successful business in the UK is a challenging yet rewarding endeavour. As a business owner, you face unique opportunities and obstacles in this diverse and

02-08-2023

Everything you need to know about Government Start Up Loans

Starting your own business can seem daunting, especially when it comes to finding funding. However, the UK Government have backed Start Up Loans that are available to