A deeper dive into Companies House upcoming changes: an accountancy, yet human perspective

As Companies House embarks on a series of substantial reforms starting from 4 March 2024, the landscape for businesses, accountants, and financial consultants in the UK is set to evolve. The new powers granted to Companies House to query information, alongside the institution of more rigorous checks on company names, registered office addresses, and lawful […]

Navigating the world of freelance work: the essential guide to contracts for services

Stymulus - Accounting and Bookkeeping Services in UK

Welcome to the ever-evolving landscape of freelance and self-employment! As more individuals embrace the flexibility and autonomy of working independently, understanding the nuances of a “Contract for Services” becomes crucial. In this guide, we’ll demystify what these contracts are, how they differ from traditional employment contracts, and why they’re an indispensable tool for safeguarding your […]

What are the steps needed to launch a business in the UK?

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Are you planning to launch your own business in the UK? We come to your aid with the most essential steps in setting up a successful, efficient, and hassle-free business! For more services in the legal field, we are at your side with a team of specialists who are at your disposal for any questions […]

How to do a VAT return? Do I need an accountant for VAT returns?

More About the PAYE System in the UK

Value Added Tax (VAT) is a tax on the value added to goods and services at each stage of the production and distribution cycle. If your business is VAT registered, you must submit a VAT return to HM Revenue & Customs (HMRC) regularly, usually every quarter. This means that your business has a turnover of […]

What do you need to know about the various PAYE forms in the UK?


If you run a business in the UK, you’ll more likely have come across the PAYE scheme. PAYE stands for Pay As You Earn, and it is the system through which employers deduct tax and National Insurance contributions from their employees’ salaries. More About the PAYE System in the UK Many UK employers use the […]

What is the difference between an accountant and an auditor?

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An accountant and an auditor are two professionals who help manage company finances. Although their duties may overlap, there are distinct differences between them. In this article, you will discover a number of key aspects that will help you make a clear distinction between these two positions. In conclusion, both bookkeepers and accountants play a […]

Why is professional accountancy support necessary for startups?

Stymulus - Accounting and Bookkeeping Services in UK

Accounting is a crucial factor in any business as it is most required for controlling and providing the necessary financial reports at the end of every month or year. Professional accountancy support plays a big part in determining startups’ productivity and profit from the earliest stages. Therefore, if you are planning on starting your own […]

Why is it important to file your Self Assessment tax return on time?

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It’s not uncommon for people to leave the self-assessment tax return until the last minute. According to the data, in 2021, 10.7 million people submitted their 2019/20 returns by the 31st January deadline, and almost 1.8 missed it. However, delaying it may have some negative consequences and can cause you unnecessary stress and anxiety.  In […]

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