HLS Accounting Blog | Tax, Finance & Business Tips for Cardiff

Practical advice on tax, bookkeeping, payroll and business finance written in plain English, not accountant-speak. No jargon. No fuss. Just guidance you can actually use.

Smiling advisor in navy blazer showing 'Abbreviated Accounts' and 'Abridged Accounts' papers to two clients

Abbreviated Accounts vs Abridged Accounts

Confused by abbreviated and abridged accounts? This plain English guide explains what small limited companies can file at Companies House and what stays private

Professional woman reviews SA800 Partnership Tax Return guide with couple at a wooden table

1 min

What Is the SA800 Partnership Tax Return and Who Has to File One?

Two men at a wooden table reviewing printed Profit & Loss and Balance Sheet with laptop charts

6 min

What are statutory accounts and when are they due?

Smiling woman points to a sheet titled "VAT Tracker" while talking with a client in a salon

1 min

Flat Rate VAT vs Standard VAT: Which Is Better for Your Business?

Person writing in lined notebook beside laptop, calculator, and stacked receipts on wooden desk

1 min

What Records Does HMRC Expect You to Keep for Your Business?

Smiling advisor holds form titled 'Expenses Sole Trader Can Claim' while discussing with client at a wooden table

1 min

What Expenses Can a Sole Trader Claim? A Simple Guide

1 min

What Triggers an HMRC VAT Investigation and How to Reduce Your Risk

Woman points to 'Common VAT Mistakes for Small Businesses' sheet while a man looks stressed, head in hand

1 min

The Most Common VAT Mistakes Small Businesses Make and How to Fix Them