Special tips to news and bookkeeping and tax planning to certain industries
by Steffen Kemmerzehl, MAAT, AATQB – Friendly Assist Accountancy If you are new to investing in small businesses or trying to understand how SMEs raise and use capital the rules in 2026 are very different from even a few years ago. SMEs are now operating in a tighter funding environment while investors are becoming far …
Read more “Investing for SMEs in 2026 A Simple Guide for Business Owners and Investors”
As charities prepare for the Charities Statement of Recommended Practice (SORP) 2026, one of the most significant accounting changes is the new treatment of leases. This update impacts all charities with lease agreements—whether for premises, vehicles, or equipment—and especially those with income under £250,000. What is Changing? From 1 January 2026, the Charities SORP requires …
Read more “Unlock Affordable Lease Accounting Support for Small Charities Before SORP 2026 Hits”
by Steffen Kemmerzehl – Friendly Assist Accoutancy Running a small business is hard work whether you are based in the North East, working with overseas clients, or living in the UK with international income. When margins are tight and tax rules are complex, every pound really does count. At Friendly Assist Accountancy, we support sole …
Read more “Smart & Practical Ways for Local Businesses to Save Money”
Steffen Kemmerzehl, MAAT, AATQB – The Accounting Hub Running a successful business takes more than hard work. Whether you are a roofer replacing damaged roofs across Newcastle, a builder managing multiple projects, or a business owner in another industry entirely, strong financial management is what turns effort into lasting profit. Many business owners tell us …
Read more “Are Your Business Finances Built on Solid Foundations?”
As HMRC and Companies House continue introducing new compliance requirements, choosing a qualified and regulated accountant has never been more important. Recent warnings from the AAT, ACCA and ICAEW highlight the risks posed by unregulated tax advisers and refund agents operating across the UK. At the same time, the introduction of identity verification requirements and …
Read more “Why Choosing a Qualified Accountant Matters in 2026”
Food Industry battling Costs and Tax 03 July – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog Many restaurants begin with a passion for great food and excellent service, but staying profitable depends on much more than a busy dining room. Food businesses often operate on tight margins, making it essential to keep …
Ways to Unlock Hidden Cash in Your Business 26 Sept. 2025 – written by Steffen Kemmerzehl – Friendly Assist Accountancy – Blog Cash flow remains one of the biggest challenges facing UK businesses in 2026. Rising costs, economic uncertainty, late customer payments and increasing tax obligations continue to place pressure on businesses of all sizes. …