Shomuz Chaudhury (FCCA)

Finance and accounting professionals are more likely to leave their roles due to a lack of learning opportunities than the average UK worker. As we move towards 2025, such insights are invaluable for financial institutions aiming to attract the very best talent.    Tiger Finance’s latest Salary and Benefits Review reveals what finance professionals truly value, including trends in compensation, flexible working, and benefits beyond the paycheck.    Link to the full report is in the comments below. 

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By involving your accountant early in the decision-making process, you can: · Optimise Tax Planning · Navigate Regulatory Changes · Support Business Growth · Manage Cash flow Efficiently · Avoid Costly Mistakes In short, proactive advice from an accountant not only helps you stay on top of your finances but also allows you to make better business decisions, maximise savings, and avoid unnecessary stress. The earlier you involve your accountant, the more time they have to guide you effectively. Need help with your accountancy? Get in touch today!

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I bloody love it!! Moving into my 2nd week at Kaplan UK & it has reminded me how much I LOVE Bookkeeping & Accountancy! I have been refreshing my skills & taking Mock Exams this week & I cheered when I got my TB’s to balance!!! If you work in finance you will know what I mean 😂 You may think I am sad but I bloody love it & can’t wait to get stuck into tutoring in July! How’s your week going? #AccountancyTutor #LovingLife

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🗣 Who do you know that might need to read the below? ------------------------------------- I’m Samuel Falana, and I primarily post about how a proactive approach to accounting & finance can give you a better understanding of your business. 🎯 My team and I work with business owners with at least 3 employees, mainly in the construction, hospitality and retail sectors To see more of my posts, visit my profile now and press the 🔔 #bar #restaurant #hotel #tax #cashflow 

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As we wind down the rest of this year, we have a busy week ahead this week, finalising • year ends • cashflows • pre christmas payroll • automation • planning for 2025 and • tax advisory Then going to have a rest until the new year, it's been a very interesting year, we have grown more or less exactly was planned, not always in the ways I expected, but we are all more resilient going into 2025 for it. #planning #yearends #worklifebalance

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If you didn't pass in September and are retaking in December 2024 Please ensure this is not you on results day and make sure you do something different so that you change the outcome.  Watch the recording of my recent webinar on my YouTube channel for some tips on what to do differently. 🔎 YouTube - ACCA SBL Sean Purcell

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We all hate it, but it's a huge part of being an accountant... Exams! Thankfully, it's in the past for me, but lots of our team have been smashing through the exams recently, and it got me thinking about some of my top exam tips. So here goes, exam tip No.1: Find out your learning style and play to your strengths. I personally like a mix of reading and writing about a topic and then actually applying the knowledge by working through some examples. When I was doing my exams, we did this by learning a bit about a topic, then you’d get an example. After that you’d then work through an illustration as they were called, which would let you try out some of the stuff you’d just been taught. For me, that was the best way of learning, but for you, it might be different. You might like talking through an idea with your friends… Or maybe you prefer listening to audiobooks or lectures… Or maybe it’s a combination of all of those things. But finding what works for you is the most important thing, as it's how you start building positive habits making sure all that knowledge sticks!

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📊💷 UK Business Owners: Keep Your Finances Clean and Taxman at Bay Separate personal and business accounts = tax headache prevention 🙌 ✅ Easier tax reporting ✅ Clear for HMRC ✅ Claim all business expenses ✅ Avoid costly mix-ups Plus your accountant does not have to see all your personal spend! So whether you're a sole trader or Ltd director, this simple step can save you time, stress, and potentially money! #UKBusiness #TaxTips #SmallBusinessAdvice

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HMRC nudge letters There have been many past examples of letters which appear to seem like they are from HMRC in regards to Taxes or Nudge Letters to declare certain sources of income I would advise to - Contact your Accountant 👨‍💼 or Tax advisor immediately and forward any copies to them to review ✅ - If you deal with your own Tax Affairs and uncertain why you have received such letters then make contact with the relevant Tax Department ensuring it is genuine govt website contact eg. HMRc Self Assessment 03002003310 - If you have always been managing your own tax affairs and highly concerned with the correspondence received and the authenticity of it probably would be advisable to make contact with a specialist like an Accountant to review for you We can assist as a Qualified Firm 👨‍💼 Please note if any 💴 lost during such an event, there is no Guarantee that the bank 🏦 will help you retrieve it back Tel: 01212852534 Web: https://lnkd.in/ewYzdMs #accountants #taxes #bookkeeping #vat #paye #selfassessment #corporationtax #accounts #companies #pension #investments #business #businessowner #SME #accountant #accountancy #director #soletrader #partnership #incorporation #taxadvice #Crypto

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The £1.3bn additional funding provided to the LG sector in the Autumn Statement, whilst welcome, is clearly insufficient with an estimated £2.3bn budget gap for councils in 2025/26. A large proportion of this £1.3bn is for social care leaving the remainder to address current and future pressures in local government such as the increase in both employers’ NI contributions and the NLW, which will not be insignificant. However, other funding towards the extension in the Household Support Fund and funding for social housing and EPR will have a positive impact on districts. It’s a decent start but we need Spring’s spending review to start delivering sustainable reform in the sector not just provide a sticking plaster to a broken system.

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One of our clients recently visited another local accountant. I was pleased, they said it didn’t come down to our service they wanted to check the price as they had received a call from a random supplier of accountancy services offering them a service for a third of our price! Our fellow local accountant was a similar price and told the client “they were in safe hands” It’s great to know they were not undercutting/putting us down to obtain work. As for the phone call; That’s a great saving ……….. but they only would do; Self Assesment What about bookkeeping, vat returns, accounts, CIS and any forward planning, budgets, project costings and tracking. “Oh you would have to do that yourself!” So when you get a call offering a cheaper service make sure it’s the service you need and provides the service you want! If you are looking for a high level bookkeeping and accountancy service here in Cornwall to work with who ensure you; - understand your figures - know what you want from your business - review your overheads to make sure you stay profitable - keep hmrc happy - ensure you price effectively and identify areas for improvement But most of all feel like you can talk to and discuss any issues you feel you may have and feel like one of the family then speak to the team at Celtic Bookkeeping & Accountancy Services Over 15 years servicing construction and propert businesses in Cornwall #propertyaccountant #constructionaccountant #constructionincornwall #bookkeeping #businessgrowth #businessplanning

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There are a number of reasons why you may need to close your limited company. This could be because the company structure no longer suits your needs, your business is no longer active, or the company is insolvent. You will usually need the agreement of all the company’s directors and shareholders to close down a company. #CompanyLiquidation #LimitedCompany

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Haven’t done a talking video for ages. Self-employed people this one is for you ☺️ Are HMRC expecting a payment from you by 31st July? If you’re not sure check your Government Gateway account. As with everything tax-related it’s better to get ahead of these things to avoid penalties and interest. Payments on account can potentially be reduced if you expect your next tax bill to be lower than the last one but if you are at all unsure our advice would always be to speak to your accountant to keep yourself right 💜💚 #girlscount #hmrc #taxtuesday #taxtips #soletrader #selfemployed #accountant #bookkeeper #edinburghbookkeeper #selfassessment

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Away for a week following the election results and lots to catch up on ........ starting with how we expect Labour to implement their first steps for change, in order to meet their pledge to get “Britain’s future back”. Lots to consider for individuals, families and business owners. Find out how the proposed changes could affect you ➡ https://lnkd.in/eQR6mBYF #financialplanning #taxplanning #wealthmanagement #businessowner #tax

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What makes a good accountant? Some would say it’s all about the dresses 😉 However good they are (and they ARE good) the most important thing in my opinion is communications skills. I might be the best at sorting out your debits & credits, payroll and tax returns but If I can’t explain to you how it all works and, more importantly, why it’s important to do things one way and not another, then I’m not doing the best for you. People think of accountants as those who are good with numbers, when in fact Accountants are really people who are good with words. How much do you feel client communication affects your ability to achieve business success?

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Fractional CFO, part-time finance director, interim FD - they're all pretty much the same thing.   An experienced finance professional comes into a business on a part-time basis and gets the finance function working as it should do.   As things get fixed, the fractional CFO should gradually do less and less as an in-house team is built up to carry the business forwards.   🔵 Why use a Fractional CFO service? Most businesses don't have a need for a full-time FD. They're simply not big enough.   But most businesses would benefit from having someone who knows how to run the finance function, make sure it's fit for purpose and remains that way as the business grows.   A fractional CFO will look at: 🔹cashflow 🔹financial information 🔹margins and profitability 🔹IT and workflows 🔹integrating your finance function with the rest of the business 🔹recruitment and training of an in-house finance team 🔹relationships with third parties such as HMRC, banks, investors   And because the role is part-time, the business is not lumbered with the massive cost of a full-time role.   Also, because the fractional CFO knows what they're doing, the risk of bringing in the wrong person is much reduced - which is helpful because business owners and MDs are not always familiar with the task of hiring finance people.   Fractional CFO, part-time finance director, interim FD - they're all pretty much the same thing.   Is it something we can help with?   ☎ 📨 ☕ ❓   #parttimefd #interimfd #fractionalcfo

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Fractional CFO, part-time finance director, interim FD - they're all pretty much the same thing.   An experienced finance professional comes into a business on a part-time basis and gets the finance function working as it should do.   As things get fixed, the fractional CFO should gradually do less and less as an in-house team is built up to carry the business forwards.   🔵 Why use a Fractional CFO service? Most businesses don't have a need for a full-time FD. They're simply not big enough.   But most businesses would benefit from having someone who knows how to run the finance function, make sure it's fit for purpose and remains that way as the business grows.   A fractional CFO will look at: 🔹cashflow 🔹financial information 🔹margins and profitability 🔹IT and workflows 🔹integrating your finance function with the rest of the business 🔹recruitment and training of an in-house finance team 🔹relationships with third parties such as HMRC, banks, investors   And because the role is part-time, the business is not lumbered with the massive cost of a full-time role.   Also, because the fractional CFO knows what they're doing, the risk of bringing in the wrong person is much reduced - which is helpful because business owners and MDs are not always familiar with the task of hiring finance people.   Fractional CFO, part-time finance director, interim FD - they're all pretty much the same thing.   Is it something we can help with?   ☎ 📨 ☕ ❓   #parttimefd #interimfd #fractionalcfo

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** No more hunting for the right page ** Finding the right information on the HMRC website can sometimes be a challenge. There is so much information and so many options that it can be hard to know where to look – so we’ve gathered some of the most commonly needed links into one place. If you want to check the latest forecast for your pension, apply for child benefit or pay your income tax bill, just come to our website and you’ll find what you need. You'll find this helpful resource here: https://buff.ly/3Xl3UHF #HMRC #HMRCLinks #accountants #BusinessSupport #AccountingExperts #CloudAccountants #TheCloudAccountants #AdamFernandes

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