Kath

Having spent 35 years in the financial world, I’ve come to appreciate the profound impact a strategic financial approach can have on a business’s trajectory. My journey as a Finance Manager for Airbus, running C&M Accountants, and now with Hydref Accounting as Fractional Finance Director, has equipped me with an understanding of what it truly […]

We trust our accountants and bookkeepers with the financial health of our businesses. We rely on their expertise to guide us through the world of taxes, regulations, and financial reporting. But how can we be truly confident in their abilities? While qualifications are important, they only tell part of the story. Like any skilled profession,

My journey into the world of accounting wasn’t driven by a childhood fascination with numbers or spreadsheets. It was more about navigating the dynamics of a large family with six children. As the eldest of six with a large age gap between myself and my youngest two siblings, I quickly discovered that pursuing academic achievement

As a business owner, you probably have a love-hate relationship with numbers. You know they’re important, but keeping track of them can feel like a never-ending chore. That’s where your accountant comes in. But a good accountant does much more than just help you survive tax season. They can be your secret weapon for taking

The 2025 tax year is fast approaching, and with it comes a series of important changes to HMRC rules and regulations. These changes will impact how some businesses operate, report their finances, and manage their tax obligations. Staying informed is crucial to ensure compliance and avoid unexpected penalties. This update is current as of July

Financial leadership is vital for any organisation, but for small and medium businesses especially, the cost of a full-time Finance Director (FD) can be a significant hurdle. Working with a fractional Finance Director, offers a solution that bridges the gap between needing expert guidance and managing budgetary constraints. What is a Fractional Finance Director? The

The level of support you need with bookkeeping and accounts varies depending on the size of your business, but also with the complexity of it. I’ve talked before about bookkeepers who aren’t bookkeepers – the person who ends up minding the financial side of the business by default rather than through intention. There comes a

While the switch to making tax digital (MTD) for sole traders and landlords has been delayed it is still due to be introduced in phases beginning in April 2026 and will eventually affect self-employed individuals and individuals receiving property income with annual gross income of £30,000 or more.  Most businesses already conduct their banking online,

Bookkeepers play a vital role in businesses of all sizes. They are responsible for recording and organising financial transactions, allowing the business to track their spending and income, make informed financial decisions, and ensure that appropriate tax regulations are complied with. However, not everyone who works with a company’s finances is a bookkeeper. They work