Category: Uncategorized

The UK is rapidly embracing digital payments, with the use of cash declining year by year. As businesses and consumers move toward more efficient, tech-savvy solutions, the question arises: Will Britain soon become a fully cashless society? And what does this mean for businesses navigating the future? At Black and White Accounting, we are always…

If you’re thinking about taking control of your retirement savings, a Self-Invested Personal Pension (SIPP) might be the perfect solution for you. SIPPs provide a flexible and tax-efficient way to save for your retirement, especially for individuals, business owners, and the self-employed who want more control over their investments. In this blog, we’ll walk you…

In the dynamic landscape of business ownership, understanding the nuances of share structures can give you a competitive edge. One such structure that’s gaining popularity is alphabet shares. At Black and White Accounting, we aim to demystify complex financial concepts so you can make informed decisions for your business. Let’s explore what alphabet shares are,…

At Black & White Accounting, innovation is at the heart of what we do. We know that research and development (R&D) isn’t just for tech giants—it’s a powerful tool for businesses of all sizes to drive growth, innovate, and gain a competitive edge. Yet, navigating the complexities of R&D tax credits can feel daunting. That’s…

In today’s tech-driven world, it’s easy to think that accounting software can handle everything your business needs. After all, why pay for an accountant when there are apps and tools that can reconcile your bank statements, track your expenses, and file your taxes? While software is great for automating certain tasks, there’s a lot more…

Big changes are on the horizon for parents with children in private schools. The UK government’s proposal to introduce VAT on private school fees could affect thousands of families and businesses. As a small accountancy practice, we’re already receiving questions from clients about how this will play out, who will be impacted, and what—if anything—can…

As the calendar turns from 2024 to 2025, we find ourselves in a moment of reflection—a chance to look back on a year of challenges, triumphs, and change, while also looking forward to the opportunities and possibilities that lie ahead. At Black & White Accounting, we believe in taking stock of the bigger picture. This…

It’s that time of year when Santa Claus dusts off his red suit, the elves rev up production in the workshop, and Rudolph starts his pre-flight warm-ups. But have you ever wondered what taxes Santa might pay if he operated in the UK? While the North Pole might be beyond HMRC’s reach, let’s imagine for…

Have you ever wondered why some businesses seem to have more than one name? That’s the power of a trading name! Whether you’re an individual or business understanding trading names could help boost your brand identity without all the hassle of changing your company’s legal name. Let’s dive into what a trading name is, the…

Running a business in today’s fast-paced world means juggling countless tasks while staying efficient and competitive. Thankfully, technology has your back. With an ever-growing range of business apps available, you can streamline operations, improve productivity, and take your business to the next level. At Black & White Accounting, we’re passionate about helping businesses succeed, and…