Facts and Figures Accountancy

Facts and Figures Accountancy Your trusted accountancy and finance partner, with you every step of the way. Put simply, our expertise could make all the difference

As well as dealing with tax and compliance issues, we can undertake many of the day-to-day financial operations of your business; leaving you with more time to concentrate on developing your business. We also offer proactive advice and tailored solutions specifically designed to improve your business’s profitability. We can also suggest strategies to maximise your personal wealth, while ensuring t

hat you are making the most of the tax-saving opportunities available to you. We pride ourselves on our friendly and positive working relationships with our clients. From family companies to independent owner-managed businesses and high-net-worth individuals, we make it our mission to help you achieve your business and personal objectives.

Many business owners think cloud accounting is just a passing trend. In reality, it’s a game-changer for managing your f...
24/06/2026

Many business owners think cloud accounting is just a passing trend. In reality, it’s a game-changer for managing your finances.

Cloud accounting allows you to access your financial data from anywhere, at any time. It streamlines processes, enhances collaboration, and provides real-time insights into your financial health.

Ignoring cloud accounting can lead to outdated practices, data loss, and missed opportunities for efficiency. This can hinder your business growth and decision-making.

At Facts & Figures, we offer tailored cloud accounting solutions that fit your business needs. Our expert team will help you seamlessly transition to the cloud, ensuring you benefit from modern technology.

Ready to unlock the power of cloud accounting? Contact us today to get started and elevate your financial management!

👉🏻 Visit https://factsandfigures.co.uk/ for more information.

Facts & Figures Weekly: Stay Informed 💡The UK government has launched an AI chatbot, GOV.UK Chat, on the GOV.UK app to p...
22/06/2026

Facts & Figures Weekly: Stay Informed 💡
The UK government has launched an AI chatbot, GOV.UK Chat, on the GOV.UK app to provide instant, clear answers based on official guidance, including tax information. This tool aims to alleviate pressure on helpline services and streamline searches. However, it primarily covers basic tax queries and does not pull from HMRC manuals. Businesses should be cautious of privacy concerns as access is on personal devices. Users should also be aware of potential inaccuracies in AI responses. What do you think about using AI for government services? Leave a comment below! 🤖

Are you unsure about whether you need to register for VAT? If your total taxable turnover exceeds £90,000 in the last 12...
19/06/2026

Are you unsure about whether you need to register for VAT?

If your total taxable turnover exceeds £90,000 in the last 12 months or if you expect to exceed this amount in the next 30 days, registration is mandatory. Even if your turnover is below this threshold, you can still register voluntarily.

Ignoring this requirement can lead to penalties and unexpected costs. It’s essential to stay compliant to avoid complications with HMRC.

Here's how Facts & Figures can assist you:

- Determine if you need to register based on your turnover
- Guide you through the registration process with HMRC
- Help you understand your VAT obligations and responsibilities
- Provide insights into any exemptions or accounting schemes available

Don’t wait until it’s too late! Contact us today to ensure you’re on the right track with your VAT registration. And remember, our guide is also available in Welsh for your convenience.

👉🏻 Find out more about what we can do for you: https://factsandfigures.co.uk/.

Many business owners think bookkeeping is just an optional task to tackle later. In reality, it’s a vital part of your b...
17/06/2026

Many business owners think bookkeeping is just an optional task to tackle later. In reality, it’s a vital part of your business’s success.

Bookkeeping involves systematically recording and managing your financial transactions. This helps you understand your cash flow, track expenses, and make informed decisions.

Neglecting bookkeeping can lead to disorganisation, unexpected tax issues, and financial stress. Without accurate records, you may miss opportunities for growth or face costly mistakes.

At Facts & Figures, we specialise in providing tailored bookkeeping services for businesses of all sizes. Our expert team ensures your records are accurate and up-to-date, giving you peace of mind.

Ready to take control of your finances? Contact us today and let’s simplify your bookkeeping together!

👉🏻 Visit https://factsandfigures.co.uk/ for more information.

Facts & Figures Weekly: Stay Informed 💡Creating a business plan may seem unnecessary when you have energy and customers,...
15/06/2026

Facts & Figures Weekly: Stay Informed 💡
Creating a business plan may seem unnecessary when you have energy and customers, but it's essential for growth. It clarifies your revenue streams, aligns your team around shared goals, and is often required for funding. A strong plan reveals important assumptions and acts as a management tool for comparing progress against forecasts. Start simply with a one-page outline on your business model and financials. Need help crafting a business plan? We'd love to assist you! What challenges do you face in planning? Leave a comment below! 😊

Are you unclear about VAT and how it affects your business? Value Added Tax (VAT) applies to most products and services ...
12/06/2026

Are you unclear about VAT and how it affects your business?

Value Added Tax (VAT) applies to most products and services sold by VAT-registered businesses. If your taxable turnover exceeds £90,000, you must register for VAT. However, you can also register voluntarily if your turnover is below this threshold.

If you overlook your VAT responsibilities, you risk facing penalties and complications with HMRC. This could lead to unexpected costs and damage your business reputation.

Here's how Facts & Figures can help you navigate VAT:

- Assess whether you need to register for VAT based on your turnover
- Guide you through the registration process with HMRC
- Help you understand your VAT reporting responsibilities
- Provide insights into different VAT accounting schemes that may suit your business

Don’t leave your business exposed! Contact us today to ensure you’re compliant with VAT regulations. And remember, our guide is also available in Welsh for your convenience.

👉🏻 Find out more about what we can do for you: https://factsandfigures.co.uk/.

Many business owners think payroll is a simple task that can be managed in-house without much thought. However, it’s far...
10/06/2026

Many business owners think payroll is a simple task that can be managed in-house without much thought. However, it’s far more complex than it appears.

Payroll involves calculating wages, managing deductions, and ensuring compliance with employment laws. It’s essential for keeping your team happy and your business running smoothly.

Neglecting payroll can lead to costly errors, delayed payments, and potential legal issues. This not only affects employee morale but can also harm your business reputation.

At Facts & Figures, we provide expert payroll solutions tailored to your business needs. Our dedicated team ensures your payroll is accurate, timely, and compliant, so you can focus on what matters most.

Is payroll taking up too much of your time? Contact us today to streamline your payroll process and gain peace of mind!

👉🏻 Visit https://factsandfigures.co.uk/ for more information.

Facts & Figures Weekly: Stay Informed 💡The Small Business Protections Bill, inspired by the King’s Speech, is now before...
08/06/2026

Facts & Figures Weekly: Stay Informed 💡
The Small Business Protections Bill, inspired by the King’s Speech, is now before Parliament. It aims to support smaller businesses in payment issues by capping payment terms at 60 days, mandating 8% interest on late payments, prohibiting retention payment withholding in construction, and granting new powers to the Small Business Commissioner to investigate and fine late payers. Large companies must also explain their late payment performance. Smaller businesses await its progress eagerly. How do you think this will affect small businesses? Share your thoughts below! 💬

Are you a sole trader or landlord unsure about Making Tax Digital for Income Tax? Starting from 6 April 2026, if your to...
05/06/2026

Are you a sole trader or landlord unsure about Making Tax Digital for Income Tax?

Starting from 6 April 2026, if your total annual income exceeds £50,000, you will need to report your income and expenses digitally. This new system can seem daunting, but understanding it is crucial.

If you ignore these changes, you risk falling behind on your tax obligations, leading to penalties and unnecessary stress.

Here’s how Facts & Figures can support you:

- Help you understand the requirements for Making Tax Digital
- Guide you in choosing compatible software for your needs
- Assist in creating and managing your digital records
- Support you through the quarterly reporting and tax return process

Don’t wait until the deadline approaches! Reach out to us today to ensure you’re fully prepared for this change. And remember, our guide is also available in Welsh for your convenience.

👉🏻 Find out more about what we can do for you: https://factsandfigures.co.uk/.

Many business owners think bookkeeping is just data entry and can be done later. In reality, it’s a critical part of run...
03/06/2026

Many business owners think bookkeeping is just data entry and can be done later. In reality, it’s a critical part of running a successful business.

Bookkeeping involves tracking all financial transactions, from income to expenses, to provide a clear picture of your financial health. It helps you make informed decisions and stay compliant with regulations.

Neglecting bookkeeping can lead to disorganisation, costly errors, and unexpected tax issues. This can create unnecessary stress and impact your business’s growth.

At Facts & Figures, we specialise in comprehensive bookkeeping services tailored to your needs. Our experienced team ensures your records are accurate and up-to-date, allowing you to focus on what you do best.

Ready to simplify your bookkeeping? Contact us today and let’s get started on keeping your finances in order!

👉🏻 Visit https://factsandfigures.co.uk/ for more information.

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