Latest News from Red Fish

Working with a Professional for Comprehensive Tax Planning

With tax laws constantly changing and deadlines always approaching, it can be easy to get lost in the paperwork and worry about missing something important.  For individuals and businesses alike, working with a professional can make all the difference. A tax expert knows the ins and outs of the system, so you don’t have to guess or worry about missing...

Why Hiring an Accountant Saves You Time and Money: A Business Owner’s Guide

If you’re a business owner, you already know how much time and energy goes into running your business.  You juggle everything from managing employees to keeping customers happy, and there’s often not much left for handling the finances. This is where hiring a professional accountant can make all the difference.  Working with Red Fish Accountancy can help you save time,...

 How Effective Tax Planning Can Impact Business Growth

Are you making the most of your business’s tax opportunities?  Effective tax planning, though not the most exciting activity, is necessary to keep your business compliant and financially secure in the UK.  Proper tax planning can reduce your liabilities and free up cash flow. Without a strong strategy, firms risk missing out on potential savings and facing extra financial burden. ...

The Importance of Proactive Income Tax Planning

Are you tired of feeling overwhelmed every tax season? Many people only think about their taxes when it’s time to file, which can lead to missed opportunities for savings and unnecessary stress. Proactive income tax planning isn’t just for the super-wealthy; it’s an essential practice for anyone who wants to take control of their finances and make smarter decisions year-round. ...

Key Business Tax Planning Strategies to Consider

Effective tax planning is an essential practice for any UK business looking to optimise profitability and reduce tax liabilities. As tax laws become more complex, business owners must stay proactive with their strategies. With careful planning, businesses can navigate tax obligations efficiently and use available allowances, reliefs, and incentives to maximise savings.  At Red Fish Accountancy, we specialise in helping...

Tips for Small Business Tax Planning

Tax season may seem like a looming headache if you’re a small business owner in the UK. However, with a sound tax strategy, you can turn this challenge into an opportunity for growth. From saving money on taxes to ensuring full compliance, here’s how to take control of your tax planning.  At Red Fish Accountancy, we specialise in guiding small...

What is Reconciliation in Accounting?

Have you ever wondered if your business’s finances are truly in order? You might be keeping your books up-to-date, tracking expenses, and sending out invoices. But how can you be certain that the numbers match up with reality? This is where reconciliation in accounting helps out by making sure your financial records are accurate and match what’s happening in your...

How Long to Keep Accounting Records

Do you sometimes wonder how long you should keep those piles of invoices, receipts, and tax documents? It’s a question that many business owners struggle with, and for good reason. Keeping financial records is essential for any business, but knowing the right time to say goodbye to those documents can be just as crucial. At Red Fish Accountancy, we understand...

Introduction to Tax Planning for Businesses in the UK

Is tax planning really worth the effort for your business?  Many UK business owners find themselves overwhelmed by tax regulations and end up paying more than they should. With the right approach, though, tax planning can make a real difference—not just to your company’s bottom line but to its overall financial health.  In fact, a study by the Federation of...

The Role of Bookkeeping in Managing Business Cash Flow

Running a business can be exciting, but it also comes with its challenges. One of the biggest worries for any business owner is making sure money moves smoothly.  While it might seem easy, managing cash flow can become tricky if not done properly. This is where bookkeeping plays an important role. Now, we’ll talk about how bookkeeping helps with cash...

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