If you run a business or manage finances in the UK, having an accountant is crucial. They provide advice on tax planning, ensure accounts are accurate, and much more. But answering when should I speak to my accountant, and how often is an important one? Here’s a guide to help you. When to Speak to […]

Managing financial affairs can be challenging, but partnering with a local accountant can make all the difference. Beckett Taylor offers a comprehensive range of accounting services tailored to meet the needs of businesses and individuals in the UK. Expertise and Knowledge Beckett Taylor’s accountants possess extensive knowledge of the UK’s financial laws and regulations. Their […]

Starting a new business is both exciting and challenging. The first year is crucial, setting the tone for future success or failure. Many businesses fail within this period, so having a solid plan, clear vision, and dedicated team is essential. Facing Financial Challenges Managing cash flow is one of the most significant challenges. Keep track […]

As a business owner in the UK, improving your cash flow is crucial for long-term success. Cash flow refers to the money flowing in and out of your business, essential for paying expenses, investing in growth, and staying afloat during lean times. In this article, we’ll explore actionable strategies to help improve your cash flow. […]

Securing funding is a pivotal step for any UK business. Whether you’re starting up or scaling up, finding the right financial support is crucial. In this article, you will learn: Key sources of business funding in the UK. Strategies to improve your chances of securing funding. Common pitfalls to avoid in the financing process. Let’s […]

As a business owner in the UK, keeping accurate and up-to-date records of your financial transactions is crucial. Properly recording business expenses is essential for monitoring the financial health of your business and ensuring compliance with UK tax regulations. Beckett Taylor, a renowned accounting company, offers valuable tips on how to manage your business expenses […]

Business restructuring is a strategic decision that can redefine your company’s future. It is crucial in adapting to new market conditions, enhancing financial health, and aligning with strategic goals. In this article, you will learn: Why restructuring might be necessary for your business. Common indicators that suggest a need for change. How Beckett Taylor Accountants […]

IR35, officially known as the Intermediaries Legislation, is a set of tax rules in the UK targeting “disguised employment.” This term refers to situations where individuals provide services to clients through their own limited companies or other intermediaries but operate in a manner similar to that of an employee. The aim of IR35 is to […]

I’m Joe Hersom, the Managing Director of Beckett Taylor Chartered Certified Accountants. I’m thrilled to take this opportunity to tell you more about our vision, our unique approach, and how we’re transforming the way businesses in Essex interact with their accountants. A Vision for Change From the outset, my mission for Becket Taylor has been […]

Navigating the complexities of tax law is a challenge for any business. However, for Essex-based businesses, Making Tax Digital (MTD) has introduced a new layer to consider. This initiative, by HM Revenue & Customs (HMRC), aims to make tax management more efficient and accurate through digital solutions. Essex entrepreneurs need to understand and adapt to […]

Choosing the Right Accountant: A Vital Decision for Every Business Owner Selecting a new accountant is not merely an administrative decision; it’s a crucial step towards ensuring the financial health and success of your business. As a business owner, your accountant is your partner in planning, compliance, and growth. They safeguard your financial interests and […]

Making Tax Digital (MTD) is knocking at the doors of Essex business owners. It’s a significant shift, and your business needs to be ready. Understanding how to smoothly transition into this digital tax era is key. In this article, you will learn: The necessary steps to ensure your business is MTD compliant. Strategies for integrating […]