We explain the format for filing accounts with Companies House each year – specifically the FRS105 and FRS102 frameworks, which apply to small companies.

There is no legal obligation to hire an accountant if you’re setting up a limited company. However, there are some very good reasons to do so.

When is the best time to change your accountant? How company year-end, Self Assessment deadlines and service issues affect the timing of your switch.

As a company director, your accountant an important and trusted source of expertise while running your business. But what happens if things go wrong?

If you’ve decided to say goodbye to the old and hello to the new, where should you start when switching accountants, and how does the handover work?

Bank transactions synching with your accounting software is just one of the many ways that digital technology makes life easier for contractors.

There may come a time when you no longer need your limited company. Here, an accountant explains the procedures you must follow when closing your business.

If you’re contracting through a limited company, using an umbrella, or trading as a freelancer, you must maintain accurate financial records. The length of time you must keep them depends on the type of tax and your business structure.

If you strip away all the marketing and price differences between competing firms, there are a number of core tasks all specialist contractor accountants undertake for their clients.

You may have heard your accountant or bank manager talk about your “balance sheet” and “profit and loss account”. What do these terms mean in plain English?