Our Bookkeeping & Payroll Blog
Explore our blog for insightful articles covering a spectrum of topics including bookkeeping, accounting, and invaluable advice tailored for business owners like you!
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Top Financial Mistakes Small Businesses Should Avoid
Running a small business is exciting, but managing finances effectively can be one of the biggest challenges. Even profitable businesses can struggle or fail due to avoidable financial missteps. At Modina Accounting, we’ve seen firsthand how small mistakes can snowball into serious problems. Here are the most common financial mistakes small businesses make and how…
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When Is the Right Time to Hire an Accountant?
Many business owners wonder when they should bring in professional accounting support. The truth is, the right time is often sooner than you think. At Modina Accounting, we work with businesses at every stage, from startups to established companies, helping them navigate financial challenges with confidence. When You Start Your Business Getting things right from…
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How an Accountant Can Help You Save Time and Money
Running a business is rewarding, but it also comes with endless responsibilities. From managing cash flow to staying on top of tax deadlines, financial admin can quickly become overwhelming. Many business owners try to handle everything themselves, only to discover that it costs them more time, money and stress in the long run Working with…
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July 2026: One Of The Busiest Months In The Tax Calendar
For many businesses and taxpayers, July is one of the busiest months of the year for tax compliance. Together with January, it is one of the two peak months for tax returns and payments, making it important to plan ahead and avoid unnecessary penalties or interest charges. The month begins with the deadline for submitting…
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Making Tax Digital 2026
Making Tax Digital (MTD) is one of the largest changes to the UK tax system that has happened in decades. Starting April 2026, these major changes will take effect for self-employed Individuals and landlords. Whether you have a small business, earn income through rentals or are simply curious as to what’s changing, this breaks it down and gives you all you need to know! What is making tax digital? Making…