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Good quality management information is crucial to the successful running of your business.
Regular management accounts provide up-to-date performance information, which is invaluable in facilitating decision-making and measuring your performance against previous forecasts.
In the constantly changing world of business, you also need to stay in control of your finances so that you can make effective business decisions.
LATEST NEWS FROM Bishops
December 1, 2025
HMRC Fixes SA302 Issue Affecting Class 2 National Insurance for 2024/25
Some self-employed taxpayers who filed their 2024/25 self-assessment tax return may have been incorrectly asked to pay class 2 national insurance contributions (NIC) on their SA302 tax calculation. HM Revenue & Customs (HMRC) has now confirmed that this issue has been fixed.
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November 28, 2025
Choosing the Right Accounting System for Your Business
For many sole traders and small business owners, reviewing their accounting system only happens when something forces the issue. For instance, many sole traders are currently looking at whether their accounting system meets the requirements for Making Tax Digital for Income Tax.
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