Blogs & Useful Information

Blogs & Useful Information
Are you finding yourself scrolling more than usual, getting easily distracted and unmotivated – want to know how you can use this to your advantage! Instead of mindlessly scrolling, why not take a moment to engage and boost your own business? Supporting other businesses during these quieter months can help you stay active, connect with new audiences, and keep your brand relevant in 2025. 
The UK government’s transition to Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) is rapidly approaching and with significant changes coming in 2026 and 2027, it’s crucial to understand how these new requirements will impact self-employed individuals, landlords, and small businesses—and what you can do to get prepared.
With January already here, it’s time to take a closer look at the January 31st Self-Assessment deadline—and what to do if you haven’t started yet.
As a business owner, you’re no stranger to the balancing act of managing your finances, meeting deadlines, and handling day-to-day operations. However, when the holidays come around, the last thing you want to do is get bogged down in paperwork.
The festive season is a time for celebration, joy, and… a mountain of paperwork? Don’t let the holiday cheer turn into a post-Christmas scramble. We all  know that juggling the festive period with business commitments can be overwhelming. But fear not, with a little planning, you can ensure a smooth festive break and hit the ground running in the New Year. 
Running a business in the UK is an exciting adventure. You’ve poured your heart and soul into your venture, and now it’s time to take that next step: growth. For many business owners, the prospect of expansion can be daunting fear can creep in, whispering doubts about budgeting, marketing, and keeping everything under control.
The fear of forgetting, the pressure of deadlines, and the constant struggle to “do it all” can leave us feeling overwhelmed and unproductive. But what if we told you it doesn’t have to be this way?
The complexities of regulations, tight deadlines, and the risk of non-compliance can create stress and anxiety for any business owner. Read on for tips on conquering compliance with confidence.
In a move to streamline the tax process, the government has announced plans to introduce Making Tax Digital (MTD) for sole traders with an annual income of over £50,000 starting from April 2026. This will then be extended to sole traders with an annual income of over £30,000 from April 2027.
Whilst Daylight Saving Time (DST) may seem counterintuitive during this season, it still offers opportunities to maximise your time and enjoy the changing seasons.
Stumbling in the dark among a pile of receipts, invoices, and transactions is frustrating and can seem endless. Let the light of financial software guide you. Discover how this powerful tool can illuminate a clear path for finance management.
In today’s fast-paced business world, efficiency and cost-effectiveness are essential. Traditional in-house finance departments can be demanding, costly and time-consuming.
In today’s digital landscape, a strong online presence is a necessity. At the heart of that presence lies the ever-evolving world of social media. Here at The Paperwork Team, we understand that navigating these platforms can feel daunting.
As the weather cools down and the leaves start to change colour, nature isn’t the only thing that’s undergoing a seasonal transformation.
You have probably heard the term “bookkeeping” but what does it mean? Essentially, bookkeeping is the process of recording a business’s financial transactions.
Farming might look like rolling fields, happy animals, and fresh air, but keeping track of the money can be a right headache! Understanding your finances is key to running a successful farm,
A back to school guide to help you tackle that work backlog, reclaim your focus, and ensure a smooth transition back to school and family life.
Is outsourcing the answer? Feeling swamped by invoices and bank statements? Does the thought of chasing up late payments or battling with HMRC deadlines send shivers down your spine? Here at The Paperwork Team, we understand!
As business leaders, we at The Paperwork Team Ltd understand the unique challenges you face during the summer holiday season. The desire to create lasting memories with loved ones is paramount, while ensuring the continued success of your enterprise remains a critical responsibility.