Purple Accounts Blog: Your Financial Resource Hub

Running a business in Warrington — whether you’re a consultant, tradesperson, retailer or limited company director — brings enough responsibility without tax surprises. Yet every year, we speak to local business owners who have paid more tax than necessary, missed opportunities, or been caught out by deadlines. Most of these mistakes are avoidable. Here are the most common tax issues we see among Warrington small businesses — and how to prevent them. 1. Not Setting Aside Mone

Choosing between operating as a sole trader or running a limited company is one of the most important decisions a small business owner can make. It affects: How much tax you pay How you take money out of the business Your personal risk How professional your business appears This guide explains the key differences for UK business owners in 2026, and how to decide what’s right for you. What Is a Sole Trader? A sole trader is the simplest way to run a business. You and the busin

If you’re a sole trader, consultant or company director, Self Assessment is one of those tasks that never quite feels straightforward. Even if you’ve been doing it for years, rules change, thresholds move and it’s easy to miss opportunities to plan better or pay less tax than expected. This guide explains what Self Assessment really involves in 2026, who needs to file, and how Warrington business owners can avoid common problems. What Is a Self Assessment Tax Return? A Self A

Are you a small business? Looking for reliable payroll services in Warrington? Discover how Purple Accounts supports local small businesses with expert, hassle-free payroll. If you're a growing small business in Warrington, handling payroll properly is vital — but it's also one of the biggest admin headaches. Whether you're hiring your first employee or running a team of ten, you’ve likely asked: “Who can do my payroll properly — and on time?” Do I need to use a bureau or ca