Benjamin Coleman – Companion Accountancy

a paper sculpture of a head and a pattern where the brain would be, with a tie and white shirt and navy blazer to symbolise a business growth mindset

The growth mindset: New potential for established businesses

Leave a Comment / Contractors, Freelancers, Self Employed, Small Business, Uncategorised

Long-term success in business doesn’t mean simply maintaining what you’ve built. It means remaining adaptable, embracing new opportunities, and continuing to innovate. For established businesses, this means adopting a growth mindset – a strategic outlook that advances expansion, resilience, and innovation. At Companion Accountancy, our team of accountants believe this mindset is essential for thriving as […]

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Missed the Self-Assessment tax return deadline?

Leave a Comment / Contractors, Freelancers, Self Employed, Small Business, Uncategorised

Don’t panic. Contractors and small business owners in the UK who missed the self-assessment tax return deadline on October 31 still have the chance to submit! There is also an online deadline of January 31, so there is still time to get everything sorted. Here’s what you need to know, the steps you need to

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7 tax reliefs your small business could be entitled to

Leave a Comment / Self Employed, Small Business, Tax Planning

There are various tax reliefs for small businesses and contractors that can ease the financial pressures that come at the end of each fiscal year. As a small business or contractor in the UK, understanding the tax reliefs available to you can make a significant difference to your financial health. The UK government offers a

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Is cashflow forecasting beneficial to small businesses and contractors?

Leave a Comment / Cashflow, Contractors, Small Business, Uncategorised

The financial process known as ‘cash projection’ or ‘cashflow forecasting’ entails estimating forthcoming cash coming in and going out during a set timeframe. While essential for businesses across the board, is it especially advantageous for small businesses and contractors? There are benefits and possible hurdles of cash projection for these demographics. Determining its viability for

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