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Avoiding Liquidation: Steps to Financial Resilience for UK Businesses
Cash Flow

Voluntary Liquidations ‘Out of Control’ as UK Businesses Face Tough Trading Conditions

The UK business landscape has been under increasing pressure over the past decade, with many companies choosing to enter voluntary liquidation rather than face compulsory liquidation or winding-up petitions. The sharp rise in voluntary liquidations ...
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Self Assessment Registration: Key Tips Before HMRC’s 5 October Deadline
Sole Trader

Self Assessment: Your Guide to Meeting the 5 October Deadline

The 5 October deadline for registering for Self Assessment with HMRC is fast approaching. For individuals who have not yet submitted a tax return before, registering for Self Assessment is essential to avoid penalties and ...
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VAT Thresholds Explained: Essential Guide for UK Businesses in 2024
VAT

Understanding VAT Thresholds in 2024: A Complete Guide for UK Businesses

For businesses operating in the UK, understanding VAT (Value Added Tax) and meeting compliance requirements is critical. VAT is a consumption tax applied to most goods and services, and when your business crosses a certain ...
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Business Growth

Unlocking Business Growth with Xero: A Guide by Glow Accounts

In today’s dynamic business landscape, having the right tools and partners is essential for success. At Glow Accounts, we specialise in leveraging Xero—one of the most powerful cloud-based accounting platforms available—to help businesses streamline their ...
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Adapting Your Small Business Finances to Economic Shifts in 2024
Management Accounting

Adapting Your Small Business Finances to Economic Shifts in 2024

The economic landscape in 2024 presents unique challenges and opportunities for small businesses. With recent changes such as the Bank of England’s interest rate cuts and a notable decline in new tech startups, small business ...
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15 Advantages of Being a Sole Trader - a definitive list
Sole Trader

Advantages of Being a Sole Trader

Choosing the right business structure is a critical decision for anyone venturing into self-employment. Among the various options, becoming a sole trader is one of the simplest and most popular forms. This article delves into ...
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Holiday Pay Entitlement in the UK: What You Need to Know
Payroll

Holiday Pay Entitlement in the UK: What You Need to Know

Understanding holiday pay entitlement is essential for both employers and employees in the UK. Ensuring compliance with legal requirements not only fosters a fair workplace but also helps avoid potential disputes and penalties.  According to ...
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The Importance Of Accurate Payroll Management And How Payroll Accountants Can Help
Payroll

The Importance of Accurate Payroll Management and How Payroll Accountants Can Help

Accurate payroll management is crucial for any business, regardless of size. Payroll errors can lead to significant consequences, including financial penalties, employee dissatisfaction, and damage to your company’s reputation.  According to a recent article from ...
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Management Accounting

What can Management Accounting do for your Business?

Running a successful business is like juggling multiple balls: boosting sales, trimming expenses, and expanding your customer base. Staying ahead of the curve is crucial for success and there’s one ball that often gets overlooked—the ...
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Understanding Business Scaling: A Guide for Entrepreneurs
Business Growth

Understanding Business Scaling: A Guide for Entrepreneurs

The term “scaling” gets tossed around a lot in the business world and online sphere, but what does it really mean? Scaling isn’t just about making more money; it’s about automating and expanding your business’s ...
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Payroll

Payroll Q & A: An essential guide to the basics

Welcome to our comprehensive guide to understanding payroll essentials! As ‘Payroll Guru’s’ at Glow Accounts, we often get asked the same questions, whether you’re a seasoned employee or new to the workforce, grasping the fundamentals ...
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What are clients say about Glow Accounts and our tax and accounting services
Management Accounting

The Strategic Wizardry of a CFO: A Guide to Business Empowerment

In the vast landscape of business, there exists a figure wielding unparalleled power in steering the financial trajectory of an organisation—the Chief Financial Officer, more commonly known as the CFO. Often hailed as the strategic ...
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