Making Tax Digital: The Definitive Guide for UK Businesses and Landlords

Making Tax Digital (MTD) is the cornerstone of HMRC’s plan to modernise the UK tax system. By replacing annual paper returns and manual record-keeping with real-time digital reporting, MTD [...]

Accountancy Fees: 7 Proven Ways to Lower Your Accounting Costs (and Your HMRC Bill)

Looking to reduce your accountancy fees? You’re not alone. Every business owner wants to keep operational overheads lean while keeping profit margins healthy. It might feel unusual getting advice [...]

Outsourced Payroll: Costs, Benefits, and Frequently Asked Questions

Managing employee payroll in-house can quickly become a complex, time-consuming compliance burden. Between shifting HMRC legislation, pension auto-enrolment duties, and statutory leave [...]

9 Signs you need a new accountant

Most business owners and entrepreneurs don’t set up a business with strong financial or accounting knowledge – their expertise lies in the product or service they provide. In their eyes, the [...]

Tips Small Business Owners Can Use For Better Cash Flow

In business, cash is the proverbial king. Whether you’re a fledgling startup, a small business, or a huge corporation, managing cash flow is rule 101 when it comes to running a business. This is [...]

Things I’ve Learnt About The Accounting Industry Since Joining MNE

When I joined MNE Accounting almost a year ago, I thought I knew accountants and the accounting industry. It’s easy to have preconceived ideas about a particular profession or industry, and it’s [...]

Should You Fear Your Accountant?

In a study of the most feared professions, accountants and bookkeepers rank the second highest, just behind chefs, waiters and bartenders in the hospitality industry. Gordon Ramsey has got a lot [...]

What is Making Tax Digital and how does it affect my business?

Making Tax Digital (MTD) is set to drag the tax system into the 21st century come April 2019. From this date, businesses with a turnover above the VAT threshold (currently £85,000) will have to [...]

3 Business Lessons We Took Away From Xerocon 2017

Last week, some of the MNE team attended Xerocon in London, a huge three day conference attracting accountants, bookkeepers and finance professionals not just in the UK but across the globe. We [...]

Accounting Scam: Over £225,000 Stolen From Leicestershire Business

It’s been reported in the Leicester Mercury today that an accounts manager at a Leicestershire fashion manufacturer stole £227,444 in cash over 13 years. The theft was discovered when the culprit [...]