Companies House Identity Verification – What Every Director & PSC Needs to Know Before November 2025
From 18 November 2025, new rules mean that all UK company directors and People with Significant Control (PSCs) must verify their identity with Companies House. This change, part of the Economic Crime and Corporate Transparency Act 2023, is designed to increase transparency and reduce fraud. It affects millions of business owners, including many of our […]
Expert Payroll Services for Businesses in Renfrewshire, Ayrshire & Glasgow
Managing payroll can be a complex and time-consuming task for businesses. With ever-changing tax regulations, auto-enrolment requirements, and employee benefits to consider, getting payroll right is crucial. At Total Accounting, we provide a fully managed payroll service to businesses in Renfrewshire, Ayrshire, and Glasgow. With over 20 years of experience, our dedicated payroll department ensures […]
How Do Shareholders Draw Money from a Limited Company?
For many small business owners, understanding how to take money out of your company can be confusing. You might own the business, but it doesn’t mean you can simply transfer money from the company bank account to your personal one whenever you like. There’s a structure to it—and getting it wrong can lead to unexpected […]
Why Trades & Contractors Love Tradify: The Ultimate Job Management App
Running a trades business isn’t just about doing great work—it’s about managing quotes, scheduling jobs, tracking costs, invoicing clients, and keeping everything profitable. The problem? Most tradespeople spend too much time buried in paperwork instead of focusing on their business. That’s where Tradify comes in. At Total Accounting, we’re Approved Tradify Partners and QuickBooks Online […]
The Power of a Fractional Finance Director: Why Every Growing Business Needs One
Growing a business is tough. You’re making big decisions daily—hiring, investing, expanding—but how do you know if you’re making the right decisions? That’s where a Fractional Finance Director (FFD) comes in. A highly skilled finance expert on your team—without the full-time cost. At Total Accounting, our Fractional Finance Director service is led by Euan Brown, […]
Why QuickBooks Online is the Smartest Choice for Growing Businesses
Running a business is fast-paced, and outdated accounting systems can hold you back. If you’re still using Sage or even Xero Online but feel like you’ve outgrown them, it’s time to switch to QuickBooks Online—The #1 cloud-based accounting solution for businesses that want real-time insights and efficiency. At Total Accounting, we don’t just use QuickBooks […]
Why Smart Businesses Are Outsourcing Their Finance Function
Running a business is tough. You’re juggling sales, operations, customer service, and—let’s be honest—probably dealing with a mountain of financial admin too. But here’s the truth: you don’t have to do it all. More and more businesses are turning to outsourced finance functions to save time, cut costs, and get better financial insights without hiring […]
Winter Fuel and Cost of Living payments
A raft of money changes comes into play this month which could affect your finances, and as we are approaching the winter season – dark nights and lower temperatures – these support payments to help with energy costs will be gratefully received. These include adjustments to the Ofgem energy price caps, while the latest Cost […]
Change to Company Accounts filing
The Economic Crime and Corporate Transparency Bill has completed its initial journey through the House of Commons and the House of Lords and is now at the stage known as, consideration of amendments. This is where the second House’s amendments are considered, and the Bill may go back and forth until both Houses agree on […]
Autumn Statement 2023
The Chancellor, Jeremy Hunt, has announced that he will deliver his Autumn Statement to the House of Commons on Wednesday, 22 November 2023. This move would imply that the annual Budget will not take place until the spring of 2024. The Autumn Statement is used to give an update on the state of the economy […]