Longleys Accounts Insights

Profit and loss statements get most of the attention, but your balance sheet tells you just as much about the health of your business. Here is a plain-English guide to reading it properly.

Auto-enrolment obligations do not end once your staff are enrolled in a pension scheme - they are an ongoing duty. Here is a refresher on what employers need to keep on top of, and where compliance commonly slips.

September has a natural "fresh start" energy for small businesses, much like it does for families. Here is how to use it productively to reset your financial planning for the last third of the year.

Selling goods to customers in the EU still trips up small businesses years on from Brexit. Here is a practical look at VAT, customs declarations and the paperwork you need to get right when exporting.

Management accounts are one of the most useful tools available to a business owner, yet many never look beyond the headline profit figure. Here is how to actually read them, and why monthly is the right rhythm.

From holiday pay to Right to Work checks, taking on temporary summer staff brings its own set of payroll obligations. Here is what small business owners need to get right when hiring seasonal or casual workers.

Passing a family business on to the next generation, or preparing it for sale, takes years of planning to get right. Here is why starting early matters, and the financial groundwork worth laying now.

Statutory Sick Pay is one of the more straightforward statutory payments in principle, but the eligibility rules and record-keeping requirements still trip small employers up regularly. Here is a clear guide.

Corporation Tax is one of those obligations every limited company has, yet the deadlines and mechanics are often misunderstood. Here is a clear guide to how it works and the mistakes that catch companies out.

The school summer holidays affect small business finances more than owners often plan for - from staff annual leave clashes to seasonal demand swings. Here is how to keep on top of your numbers over the next six weeks.