You’ve had a vision of your perfect business, you’ve got the skills to deliver, and the enthusiasm to break from the 9-5 and branch out on your own, but have you considered the financial aspects of a new start-up? Many businesses fail in their first year, and few will...

In this fast-paced digital age, we must guard ourselves and our businesses from the threat of cyber fraud and online scammers. Phishing emails have become a common occurrence over recent years. Receiving a notification from a reputable source can scare us into handing...

We all know that preparing to submit your tax return is one of those jobs that you would rather put off, as there are always other things on the list that appear more interesting or may seem to be of higher priority.  However here are eight great reasons why it could p...

When starting a business people often struggle with the pricing side of things.  Pricing a product can sometimes be a little easier if there is a RRP (recommended retail price) or an industry suggested markup, but when there is an element of time involved it can be dif...

‘Do you think I would be able to get a mortgage if I am self employed?’  This is a question that we get asked frequently here at Cube Accounting and to be honest there is no clear ‘yes’ or ‘no’ answer.  However here are some of the questions we get asked...

I do no...

Now has never been a better time to think about switching your accounting records (if you haven’t already done so) into the cloud.

Making Tax Digital (MTD) is just around the corner…. this change in legislation will require vat registered businesses with a taxable turno...

Are you a VAT registered business that currently manages your
accounts on a spreadsheet?

There are some important changes taking effect next year which will affect the
way you store your records and submit your tax returns. It’s called ‘Making Tax
Digital’ – a governmen...

You might have come across the phrase ‘tax doesn’t have to be taxing’ - and it’s true! We’re here to clear up any confusion with a no-nonsense glossary of tax terms. Let’s get started…

Capital gains tax – a tax you pay on the profit you make when you sell something. You...

VAT (Value Added Tax) – we know, it’s hardly an exciting topic (are you still with us?!) but it’s an important one to get to grips with. Many businesses find VAT confusing and worry about what they need to do in terms of notifying HMRC. That’s where we come in.

We’re he...

Invoicing is something that we get asked about regularly here at Cube Accounting, particularly by businesses that are about to start or who have recently started in business.

How do I create an invoice, what does it have to say, how frequently should I send them are ju...

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How to Survive Your First Financial Year in Business

December 18, 2019

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