{"id":6266,"date":"2025-05-02T11:26:25","date_gmt":"2025-05-02T11:26:25","guid":{"rendered":"https:\/\/clients.lumos.marketing\/zmartly\/?p=6266"},"modified":"2025-05-02T11:27:16","modified_gmt":"2025-05-02T11:27:16","slug":"frequently-asked-accounting-questions-answered-guide-for-uk-business-owners","status":"publish","type":"post","link":"https:\/\/clients.lumos.marketing\/zmartly\/frequently-asked-accounting-questions-answered-guide-for-uk-business-owners\/","title":{"rendered":"Frequently Asked Accounting Questions Answered (Guide for UK Business Owners)"},"content":{"rendered":"<style>.elementor-6266 .elementor-element.elementor-element-29370a8d{--display:flex;--flex-direction:column;--container-widget-width:100%;--container-widget-height:initial;--container-widget-flex-grow:0;--container-widget-align-self:initial;--flex-wrap-mobile:wrap;border-style:none;--border-style:none;--border-radius:15px 15px 15px 15px;--padding-top:0em;--padding-bottom:0em;--padding-left:0em;--padding-right:0em;}.elementor-6266 .elementor-element.elementor-element-29370a8d:not(.elementor-motion-effects-element-type-background), .elementor-6266 .elementor-element.elementor-element-29370a8d > .elementor-motion-effects-container > .elementor-motion-effects-layer{background-color:var( --e-global-color-cf01994 );}.elementor-6266 .elementor-element.elementor-element-2f3e7eb8{--display:flex;--flex-direction:row;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--justify-content:flex-start;--align-items:center;--gap:0px 0px;--row-gap:0px;--column-gap:0px;--flex-wrap:wrap;border-style:none;--border-style:none;--margin-top:0px;--margin-bottom:0px;--margin-left:0px;--margin-right:0px;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-6266 .elementor-element.elementor-element-2686cc9d{--display:flex;--min-height:56vh;--justify-content:center;--align-items:center;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );--gap:0px 0px;--row-gap:0px;--column-gap:0px;--margin-top:0px;--margin-bottom:0px;--margin-left:0px;--margin-right:0px;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-6266 .elementor-element.elementor-element-654739be > .elementor-widget-container{margin:0px 0px 0px 0px;padding:10px 0px 10px 0px;border-style:solid;border-width:0px 0px 0px 0px;border-color:var( --e-global-color-4ac277f );border-radius:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-654739be.elementor-element{--align-self:center;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-items:not(.elementor-inline-items) .elementor-icon-list-item:not(:last-child){padding-block-end:calc(30px\/2);}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-items:not(.elementor-inline-items) .elementor-icon-list-item:not(:first-child){margin-block-start:calc(30px\/2);}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-items.elementor-inline-items .elementor-icon-list-item{margin-inline:calc(30px\/2);}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-items.elementor-inline-items{margin-inline:calc(-30px\/2);}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-items.elementor-inline-items .elementor-icon-list-item:after{inset-inline-end:calc(-30px\/2);}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item:not(:last-child):after{content:\"\";height:60%;border-color:var( --e-global-color-secondary );}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-items:not(.elementor-inline-items) .elementor-icon-list-item:not(:last-child):after{border-block-start-style:solid;border-block-start-width:1px;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-items.elementor-inline-items .elementor-icon-list-item:not(:last-child):after{border-inline-start-style:solid;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-inline-items .elementor-icon-list-item:not(:last-child):after{border-inline-start-width:1px;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-icon i{transition:color 0.3s;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-icon svg{transition:fill 0.3s;}.elementor-6266 .elementor-element.elementor-element-654739be{--e-icon-list-icon-size:14px;--icon-vertical-offset:0px;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item > .elementor-icon-list-text, .elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item > a{font-family:var( --e-global-typography-08fdc8c-font-family ), Sans-serif;font-size:var( --e-global-typography-08fdc8c-font-size );font-weight:var( --e-global-typography-08fdc8c-font-weight );text-transform:var( --e-global-typography-08fdc8c-text-transform );font-style:var( --e-global-typography-08fdc8c-font-style );line-height:var( --e-global-typography-08fdc8c-line-height );letter-spacing:var( --e-global-typography-08fdc8c-letter-spacing );word-spacing:var( --e-global-typography-08fdc8c-word-spacing );}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-text{color:var( --e-global-color-4ac277f );transition:color 0.3s;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item:hover .elementor-icon-list-text{color:var( --e-global-color-4a5499b );}.elementor-6266 .elementor-element.elementor-element-44d1e818{width:var( --container-widget-width, 60% );max-width:60%;--container-widget-width:60%;--container-widget-flex-grow:0;}.elementor-6266 .elementor-element.elementor-element-44d1e818.elementor-element{--align-self:center;}.elementor-6266 .elementor-element.elementor-element-44d1e818 .jeg-elementor-kit.jkit-post-title{text-align:center;}.elementor-6266 .elementor-element.elementor-element-44d1e818 .jeg-elementor-kit.jkit-post-title .post-title, .elementor-6266 .elementor-element.elementor-element-44d1e818 .jeg-elementor-kit.jkit-post-title .post-title a{font-family:\"Inter\", Sans-serif;font-size:45px;font-weight:900;text-transform:uppercase;font-style:normal;line-height:1.2em;letter-spacing:-1.5px;}.elementor-6266 .elementor-element.elementor-element-20ca1bc7{--display:flex;--flex-direction:row;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--justify-content:center;--align-items:center;}.elementor-6266 .elementor-element.elementor-element-75ba6411{width:auto;max-width:auto;}.elementor-6266 .elementor-element.elementor-element-75ba6411 > .elementor-widget-container{margin:0px 0px -12px 0px;padding:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author{text-align:left;}.elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author .post-author, .elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author .post-author a{font-family:var( --e-global-typography-d848767-font-family ), Sans-serif;font-size:var( --e-global-typography-d848767-font-size );font-weight:var( --e-global-typography-d848767-font-weight );text-transform:var( --e-global-typography-d848767-text-transform );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );color:var( --e-global-color-text );}.elementor-6266 .elementor-element.elementor-element-770e16b2{--divider-border-style:solid;--divider-border-width:1px;width:var( --container-widget-width, 1% );max-width:1%;--container-widget-width:1%;--container-widget-flex-grow:0;}.elementor-6266 .elementor-element.elementor-element-770e16b2 > .elementor-widget-container{margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-770e16b2.elementor-element{--align-self:center;}.elementor-6266 .elementor-element.elementor-element-770e16b2 .elementor-divider-separator{width:100%;}.elementor-6266 .elementor-element.elementor-element-770e16b2 .elementor-divider{padding-block-start:5px;padding-block-end:5px;}.elementor-6266 .elementor-element.elementor-element-6afc539a{width:auto;max-width:auto;}.elementor-6266 .elementor-element.elementor-element-6afc539a > .elementor-widget-container{margin:0px 0px -12px 0px;}.elementor-6266 .elementor-element.elementor-element-6afc539a .jeg-elementor-kit.jkit-post-date{text-align:left;}.elementor-6266 .elementor-element.elementor-element-6afc539a .jeg-elementor-kit.jkit-post-date .post-date, .elementor-6266 .elementor-element.elementor-element-6afc539a .jeg-elementor-kit.jkit-post-date .post-date a{font-family:var( --e-global-typography-d848767-font-family ), Sans-serif;font-size:var( --e-global-typography-d848767-font-size );font-weight:var( --e-global-typography-d848767-font-weight );text-transform:var( --e-global-typography-d848767-text-transform );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );color:var( --e-global-color-text );}.elementor-6266 .elementor-element.elementor-element-6f97c851{--display:flex;--flex-direction:row;--container-widget-width:initial;--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--justify-content:center;--flex-wrap:wrap;--padding-top:0em;--padding-bottom:0em;--padding-left:0em;--padding-right:0em;}.elementor-6266 .elementor-element.elementor-element-3668cf39{width:var( --container-widget-width, 77% );max-width:77%;--container-widget-width:77%;--container-widget-flex-grow:0;}.elementor-6266 .elementor-element.elementor-element-3668cf39 > .elementor-widget-container{margin:-62px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-3668cf39 img{width:100%;height:500px;object-fit:cover;object-position:top center;border-radius:12px 12px 12px 12px;}.elementor-6266 .elementor-element.elementor-element-2cffc3df{--display:flex;--min-height:100%;}.elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__spinner{color:var( --e-global-color-999edcc );fill:var( --e-global-color-999edcc );}.elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__header-title{text-align:start;}.elementor-6266 .elementor-element.elementor-element-57106ba7{--header-background-color:var( --e-global-color-999edcc );--header-color:var( --e-global-color-accent );--toggle-button-color:var( --e-global-color-accent );--item-text-color:var( --e-global-color-secondary );--item-text-hover-decoration:underline;--marker-color:var( --e-global-color-4ac277f );}.elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__header, .elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__header-title{font-family:\"Inter\", Sans-serif;font-size:17px;font-weight:600;}.elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__header{flex-direction:row;}.elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__list-item{font-size:12px;}.elementor-6266 .elementor-element.elementor-element-21bdd0e0{--display:flex;}.elementor-6266 .elementor-element.elementor-element-4ed2709b{width:var( --container-widget-width, 80% );max-width:80%;--container-widget-width:80%;--container-widget-flex-grow:0;text-align:left;color:var( --e-global-color-secondary );}.elementor-6266 .elementor-element.elementor-element-4ed2709b > .elementor-widget-container{margin:0px 0px 20px 0px;}.elementor-6266 .elementor-element.elementor-element-6732aee3{--display:flex;--flex-direction:row;--container-widget-width:initial;--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--flex-wrap:wrap;}.elementor-6266 .elementor-element.elementor-element-33775669{--display:flex;--flex-direction:row;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--align-items:center;--gap:0px 0px;--row-gap:0px;--column-gap:0px;}.elementor-6266 .elementor-element.elementor-element-2f126c13{width:auto;max-width:auto;text-align:left;font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );text-transform:var( --e-global-typography-text-text-transform );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );color:var( --e-global-color-text );}.elementor-6266 .elementor-element.elementor-element-2f126c13 > .elementor-widget-container{margin:0px 10px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-1d5a308b{width:auto;max-width:auto;}.elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms{text-align:left;}.elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .post-terms, .elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list, .elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list a{font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );text-transform:var( --e-global-typography-text-text-transform );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );color:var( --e-global-color-primary );}.elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list:hover, .elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list:hover a{color:var( --e-global-color-secondary );}.elementor-6266 .elementor-element.elementor-element-6d31dd65{--display:flex;--flex-direction:row;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );--container-widget-height:100%;--container-widget-flex-grow:1;--container-widget-align-self:stretch;--flex-wrap-mobile:wrap;--justify-content:flex-end;--align-items:center;--gap:0px 0px;--row-gap:0px;--column-gap:0px;}.elementor-6266 .elementor-element.elementor-element-538a51b3{width:auto;max-width:auto;text-align:left;font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );text-transform:var( --e-global-typography-text-text-transform );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );color:var( --e-global-color-text );}.elementor-6266 .elementor-element.elementor-element-538a51b3 > .elementor-widget-container{margin:0px 10px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-538a51b3.elementor-element{--align-self:center;}.elementor-6266 .elementor-element.elementor-element-65cf04ba{--grid-template-columns:repeat(0, auto);width:auto;max-width:auto;--icon-size:13px;--grid-column-gap:10px;--grid-row-gap:0px;}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-widget-container{text-align:center;}.elementor-6266 .elementor-element.elementor-element-65cf04ba > .elementor-widget-container{margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-social-icon{background-color:var( --e-global-color-4ac277f );--icon-padding:0.8em;border-style:none;}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-social-icon i{color:var( --e-global-color-accent );}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-social-icon svg{fill:var( --e-global-color-accent );}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-icon{border-radius:25px 25px 25px 25px;}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-social-icon:hover{background-color:var( --e-global-color-4a5499b );}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-social-icon:hover i{color:var( --e-global-color-accent );}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-social-icon:hover svg{fill:var( --e-global-color-accent );}.elementor-6266 .elementor-element.elementor-element-38f27ee3{--display:flex;}.elementor-6266 .elementor-element.elementor-element-1f648ad6{--divider-border-style:solid;--divider-color:var( --e-global-color-659f957 );--divider-border-width:1px;}.elementor-6266 .elementor-element.elementor-element-1f648ad6 > .elementor-widget-container{margin:0px 0px 20px 0px;}.elementor-6266 .elementor-element.elementor-element-1f648ad6 .elementor-divider-separator{width:100%;margin:0 auto;margin-center:0;}.elementor-6266 .elementor-element.elementor-element-1f648ad6 .elementor-divider{text-align:center;padding-block-start:15px;padding-block-end:15px;}.elementor-6266 .elementor-element.elementor-element-61e4d1ca{--display:flex;--align-items:flex-start;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );}.elementor-6266 .elementor-element.elementor-element-3d545179 .jeg-elementor-kit.jkit-heading{text-align:left;}.elementor-6266 .elementor-element.elementor-element-3d545179 .jeg-elementor-kit.jkit-heading .heading-title{font-family:var( --e-global-typography-db1e030-font-family ), Sans-serif;font-size:var( --e-global-typography-db1e030-font-size );font-weight:var( --e-global-typography-db1e030-font-weight );text-transform:var( --e-global-typography-db1e030-text-transform );line-height:var( --e-global-typography-db1e030-line-height );letter-spacing:var( --e-global-typography-db1e030-letter-spacing );word-spacing:var( --e-global-typography-db1e030-word-spacing );color:var( --e-global-color-primary );}.elementor-6266 .elementor-element.elementor-element-3d545179 .jeg-elementor-kit.jkit-heading .heading-section-title{margin:0px 0px 20px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-thumb .thumbnail-container:before{background-color:transparent;background-image:linear-gradient(180deg, #0D4C5900 0%, #0D4C598F 85%);}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-category, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-3 .jkit-post-category{background-color:var( --e-global-color-430a048 );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-posts{grid-template-columns:repeat(2, minmax(0, 1fr));grid-column-gap:20px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post{padding:0px 0px 0px 0px;margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-thumb{padding:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-thumb .thumbnail-container{height:365px;border-radius:15px 15px 15px 15px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-postblock-content{text-align:left;padding:0px 0px 0px 30px;margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-category span a, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-3 .jkit-post-category span a{font-family:var( --e-global-typography-d848767-font-family ), Sans-serif;font-size:var( --e-global-typography-d848767-font-size );font-weight:var( --e-global-typography-d848767-font-weight );text-transform:var( --e-global-typography-d848767-text-transform );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-category a{color:var( --e-global-color-secondary );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-2 .jkit-post-category a{color:var( --e-global-color-secondary );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-5 .jkit-post-category a{color:var( --e-global-color-secondary );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-category{padding:5px 15px 5px 15px;margin:0px 0px 0px 0px;border-radius:15px 15px 15px 15px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-3 .jkit-post-category{padding:5px 15px 5px 15px;margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-5 .jkit-post-category{margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-title{margin:185px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-4 .jkit-post-title{margin:185px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-title a, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-4 .jkit-post-title a{font-family:var( --e-global-typography-ef116fc-font-family ), Sans-serif;font-size:var( --e-global-typography-ef116fc-font-size );font-weight:var( --e-global-typography-ef116fc-font-weight );text-transform:var( --e-global-typography-ef116fc-text-transform );line-height:var( --e-global-typography-ef116fc-line-height );letter-spacing:var( --e-global-typography-ef116fc-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-title a{color:var( --e-global-color-accent );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-meta{font-family:var( --e-global-typography-d848767-font-family ), Sans-serif;font-size:var( --e-global-typography-d848767-font-size );font-weight:var( --e-global-typography-d848767-font-weight );text-transform:var( --e-global-typography-d848767-text-transform );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );color:var( --e-global-color-accent );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-meta svg{fill:var( --e-global-color-accent );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-meta-author.icon-position-before i, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-meta-author.icon-position-before svg{margin-right:5px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-meta-author.icon-position-after i, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-meta-author.icon-position-after svg{margin-left:5px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-meta-date.icon-position-before i, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-meta-date.icon-position-before svg{margin-right:5px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-meta-date.icon-position-after i, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-meta-date.icon-position-after svg{margin-left:5px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-meta-bottom{justify-content:space-between;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jeg_empty_module{text-align:left;}@media(min-width:768px){.elementor-6266 .elementor-element.elementor-element-29370a8d{--width:95%;}.elementor-6266 .elementor-element.elementor-element-2f3e7eb8{--width:100%;}.elementor-6266 .elementor-element.elementor-element-2686cc9d{--width:100%;}.elementor-6266 .elementor-element.elementor-element-6f97c851{--content-width:1400px;}.elementor-6266 .elementor-element.elementor-element-2cffc3df{--width:25%;}.elementor-6266 .elementor-element.elementor-element-21bdd0e0{--width:73%;}.elementor-6266 .elementor-element.elementor-element-6732aee3{--width:80%;}.elementor-6266 .elementor-element.elementor-element-33775669{--width:34%;}.elementor-6266 .elementor-element.elementor-element-6d31dd65{--width:62%;}.elementor-6266 .elementor-element.elementor-element-38f27ee3{--width:80%;}.elementor-6266 .elementor-element.elementor-element-61e4d1ca{--width:80%;}}@media(max-width:1366px) and (min-width:768px){.elementor-6266 .elementor-element.elementor-element-2686cc9d{--width:100%;}.elementor-6266 .elementor-element.elementor-element-2cffc3df{--width:24%;}.elementor-6266 .elementor-element.elementor-element-6732aee3{--width:90%;}.elementor-6266 .elementor-element.elementor-element-38f27ee3{--width:90%;}.elementor-6266 .elementor-element.elementor-element-61e4d1ca{--width:90%;}}@media(max-width:1024px) and (min-width:768px){.elementor-6266 .elementor-element.elementor-element-2686cc9d{--width:100%;}.elementor-6266 .elementor-element.elementor-element-2cffc3df{--width:80%;}.elementor-6266 .elementor-element.elementor-element-21bdd0e0{--width:80%;}.elementor-6266 .elementor-element.elementor-element-6732aee3{--width:100%;}.elementor-6266 .elementor-element.elementor-element-38f27ee3{--width:100%;}.elementor-6266 .elementor-element.elementor-element-61e4d1ca{--width:100%;}}@media(max-width:1366px){.elementor-6266 .elementor-element.elementor-element-29370a8d{--padding-top:0em;--padding-bottom:0em;--padding-left:0em;--padding-right:0em;}.elementor-6266 .elementor-element.elementor-element-2f3e7eb8{--gap:0px 0px;--row-gap:0px;--column-gap:0px;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-6266 .elementor-element.elementor-element-2686cc9d{--min-height:40vh;}.elementor-6266 .elementor-element.elementor-element-654739be.elementor-element{--align-self:center;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item > .elementor-icon-list-text, .elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item > a{font-size:var( --e-global-typography-08fdc8c-font-size );line-height:var( --e-global-typography-08fdc8c-line-height );letter-spacing:var( --e-global-typography-08fdc8c-letter-spacing );word-spacing:var( --e-global-typography-08fdc8c-word-spacing );}.elementor-6266 .elementor-element.elementor-element-44d1e818{--container-widget-width:84%;--container-widget-flex-grow:0;width:var( --container-widget-width, 84% );max-width:84%;}.elementor-6266 .elementor-element.elementor-element-44d1e818 .jeg-elementor-kit.jkit-post-title .post-title, .elementor-6266 .elementor-element.elementor-element-44d1e818 .jeg-elementor-kit.jkit-post-title .post-title a{font-size:38px;}.elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author .post-author, .elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author .post-author a{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );color:var( --e-global-color-secondary );}.elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author:hover .post-author, .elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author:hover .post-author a{color:var( --e-global-color-999edcc );}.elementor-6266 .elementor-element.elementor-element-6afc539a .jeg-elementor-kit.jkit-post-date .post-date, .elementor-6266 .elementor-element.elementor-element-6afc539a .jeg-elementor-kit.jkit-post-date .post-date a{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-6f97c851{--padding-top:0em;--padding-bottom:0em;--padding-left:1em;--padding-right:1em;}.elementor-6266 .elementor-element.elementor-element-3668cf39 > .elementor-widget-container{margin:19px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-3668cf39 img{height:364px;}.elementor-6266 .elementor-element.elementor-element-2cffc3df{--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-6266 .elementor-element.elementor-element-57106ba7{--toc-body-max-height:405px;--nested-list-indent:8px;--marker-size:11px;}.elementor-6266 .elementor-element.elementor-element-4ed2709b{--container-widget-width:90%;--container-widget-flex-grow:0;width:var( --container-widget-width, 90% );max-width:90%;}.elementor-6266 .elementor-element.elementor-element-2f126c13{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .post-terms, .elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list, .elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list a{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-538a51b3{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-65cf04ba{--icon-size:10px;}.elementor-6266 .elementor-element.elementor-element-3d545179 .jeg-elementor-kit.jkit-heading .heading-title{font-size:var( --e-global-typography-db1e030-font-size );line-height:var( --e-global-typography-db1e030-line-height );letter-spacing:var( --e-global-typography-db1e030-letter-spacing );word-spacing:var( --e-global-typography-db1e030-word-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-category span a, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-3 .jkit-post-category span a{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-title a, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-4 .jkit-post-title a{font-size:var( --e-global-typography-ef116fc-font-size );line-height:var( --e-global-typography-ef116fc-line-height );letter-spacing:var( --e-global-typography-ef116fc-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-meta{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}}@media(max-width:1024px){.elementor-6266 .elementor-element.elementor-element-29370a8d{--padding-top:3em;--padding-bottom:0em;--padding-left:0em;--padding-right:0em;}.elementor-6266 .elementor-element.elementor-element-2686cc9d{--min-height:39vh;--margin-top:20px;--margin-bottom:0px;--margin-left:0px;--margin-right:0px;}.elementor-6266 .elementor-element.elementor-element-654739be.elementor-element{--align-self:center;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item > .elementor-icon-list-text, .elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item > a{font-size:var( --e-global-typography-08fdc8c-font-size );line-height:var( --e-global-typography-08fdc8c-line-height );letter-spacing:var( --e-global-typography-08fdc8c-letter-spacing );word-spacing:var( --e-global-typography-08fdc8c-word-spacing );}.elementor-6266 .elementor-element.elementor-element-44d1e818{--container-widget-width:80%;--container-widget-flex-grow:0;width:var( --container-widget-width, 80% );max-width:80%;}.elementor-6266 .elementor-element.elementor-element-44d1e818 .jeg-elementor-kit.jkit-post-title .post-title, .elementor-6266 .elementor-element.elementor-element-44d1e818 .jeg-elementor-kit.jkit-post-title .post-title a{font-size:32px;}.elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author .post-author, .elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author .post-author a{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-770e16b2 > .elementor-widget-container{margin:0px 15px 0px 15px;}.elementor-6266 .elementor-element.elementor-element-6afc539a .jeg-elementor-kit.jkit-post-date .post-date, .elementor-6266 .elementor-element.elementor-element-6afc539a .jeg-elementor-kit.jkit-post-date .post-date a{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-6f97c851{--padding-top:20px;--padding-bottom:80px;--padding-left:0px;--padding-right:0px;}.elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__header, .elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__header-title{letter-spacing:-1.3px;}.elementor-6266 .elementor-element.elementor-element-57106ba7{--toc-body-max-height:202px;--marker-size:12px;}.elementor-6266 .elementor-element.elementor-element-4ed2709b{--container-widget-width:100%;--container-widget-flex-grow:0;width:var( --container-widget-width, 100% );max-width:100%;}.elementor-6266 .elementor-element.elementor-element-2f126c13{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .post-terms, .elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list, .elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list a{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-538a51b3{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-widget-container{text-align:left;}.elementor-6266 .elementor-element.elementor-element-65cf04ba{--grid-column-gap:10px;--grid-row-gap:6px;}.elementor-6266 .elementor-element.elementor-element-1f648ad6 > .elementor-widget-container{margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-1f648ad6 .elementor-divider-separator{width:730px;}.elementor-6266 .elementor-element.elementor-element-3d545179 .jeg-elementor-kit.jkit-heading .heading-title{font-size:var( --e-global-typography-db1e030-font-size );line-height:var( --e-global-typography-db1e030-line-height );letter-spacing:var( --e-global-typography-db1e030-letter-spacing );word-spacing:var( --e-global-typography-db1e030-word-spacing );}.elementor-6266 .elementor-element.elementor-element-3d545179 .jeg-elementor-kit.jkit-heading .heading-section-title{margin:0px 0px 20px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 > .elementor-widget-container{margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-posts{grid-template-columns:repeat(2, minmax(0, 1fr));grid-column-gap:15px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post{padding:10px 10px 10px 10px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-postblock-content{padding:0px 30px 0px 30px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-category span a, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-3 .jkit-post-category span a{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-title{margin:185px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-4 .jkit-post-title{margin:185px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-title a, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-4 .jkit-post-title a{font-size:var( --e-global-typography-ef116fc-font-size );line-height:var( --e-global-typography-ef116fc-line-height );letter-spacing:var( --e-global-typography-ef116fc-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-meta{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}}@media(max-width:767px){.elementor-6266 .elementor-element.elementor-element-29370a8d{--width:93%;--padding-top:3em;--padding-bottom:0em;--padding-left:0em;--padding-right:0em;}.elementor-6266 .elementor-element.elementor-element-2f3e7eb8{--padding-top:0px;--padding-bottom:20px;--padding-left:0px;--padding-right:0px;}.elementor-6266 .elementor-element.elementor-element-2686cc9d{--min-height:28vh;}.elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item > .elementor-icon-list-text, .elementor-6266 .elementor-element.elementor-element-654739be .elementor-icon-list-item > a{font-size:var( --e-global-typography-08fdc8c-font-size );line-height:var( --e-global-typography-08fdc8c-line-height );letter-spacing:var( --e-global-typography-08fdc8c-letter-spacing );word-spacing:var( --e-global-typography-08fdc8c-word-spacing );}.elementor-6266 .elementor-element.elementor-element-44d1e818{--container-widget-width:100%;--container-widget-flex-grow:0;width:var( --container-widget-width, 100% );max-width:100%;}.elementor-6266 .elementor-element.elementor-element-44d1e818 .jeg-elementor-kit.jkit-post-title .post-title, .elementor-6266 .elementor-element.elementor-element-44d1e818 .jeg-elementor-kit.jkit-post-title .post-title a{font-size:25px;letter-spacing:-0.6px;}.elementor-6266 .elementor-element.elementor-element-20ca1bc7{--align-items:center;--container-widget-width:calc( ( 1 - var( --container-widget-flex-grow ) ) * 100% );--gap:0px 0px;--row-gap:0px;--column-gap:0px;--flex-wrap:nowrap;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-6266 .elementor-element.elementor-element-75ba6411 > .elementor-widget-container{margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-75ba6411.elementor-element{--align-self:center;}.elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author .post-author, .elementor-6266 .elementor-element.elementor-element-75ba6411 .jeg-elementor-kit.jkit-post-author .post-author a{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-770e16b2{--container-widget-width:13%;--container-widget-flex-grow:0;width:var( --container-widget-width, 13% );max-width:13%;}.elementor-6266 .elementor-element.elementor-element-770e16b2.elementor-element{--align-self:center;}.elementor-6266 .elementor-element.elementor-element-6afc539a > .elementor-widget-container{margin:0px 0px 0px 0px;padding:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-6afc539a.elementor-element{--align-self:center;}.elementor-6266 .elementor-element.elementor-element-6afc539a .jeg-elementor-kit.jkit-post-date .post-date, .elementor-6266 .elementor-element.elementor-element-6afc539a .jeg-elementor-kit.jkit-post-date .post-date a{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-6f97c851{--padding-top:3em;--padding-bottom:3em;--padding-left:01em;--padding-right:01em;}.elementor-6266 .elementor-element.elementor-element-3668cf39 > .elementor-widget-container{margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-3668cf39{--container-widget-width:100%;--container-widget-flex-grow:0;width:var( --container-widget-width, 100% );max-width:100%;}.elementor-6266 .elementor-element.elementor-element-3668cf39 img{height:193px;}.elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__header, .elementor-6266 .elementor-element.elementor-element-57106ba7 .elementor-toc__header-title{font-size:14px;letter-spacing:-0.6px;}.elementor-6266 .elementor-element.elementor-element-4ed2709b > .elementor-widget-container{margin:0px 0px 20px 0px;}.elementor-6266 .elementor-element.elementor-element-4ed2709b{--container-widget-width:100%;--container-widget-flex-grow:0;width:var( --container-widget-width, 100% );max-width:100%;}.elementor-6266 .elementor-element.elementor-element-33775669{--gap:0px 0px;--row-gap:0px;--column-gap:0px;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-6266 .elementor-element.elementor-element-2f126c13 > .elementor-widget-container{margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-2f126c13{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-1d5a308b > .elementor-widget-container{margin:0px 0px 0px 10px;}.elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .post-terms, .elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list, .elementor-6266 .elementor-element.elementor-element-1d5a308b .jeg-elementor-kit.jkit-post-terms .term-list a{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-6d31dd65{--justify-content:flex-start;--gap:0px 0px;--row-gap:0px;--column-gap:0px;--padding-top:0px;--padding-bottom:0px;--padding-left:0px;--padding-right:0px;}.elementor-6266 .elementor-element.elementor-element-538a51b3 > .elementor-widget-container{margin:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-538a51b3{font-size:var( --e-global-typography-text-font-size );line-height:var( --e-global-typography-text-line-height );letter-spacing:var( --e-global-typography-text-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-65cf04ba .elementor-widget-container{text-align:left;}.elementor-6266 .elementor-element.elementor-element-65cf04ba{width:var( --container-widget-width, 100% );max-width:100%;--container-widget-width:100%;--container-widget-flex-grow:0;}.elementor-6266 .elementor-element.elementor-element-65cf04ba > .elementor-widget-container{margin:5px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-1f648ad6 > .elementor-widget-container{margin:10px 0px 10px 0px;}.elementor-6266 .elementor-element.elementor-element-1f648ad6 .elementor-divider-separator{width:94%;}.elementor-6266 .elementor-element.elementor-element-1f648ad6 .elementor-divider{padding-block-start:2px;padding-block-end:2px;}.elementor-6266 .elementor-element.elementor-element-61e4d1ca{--gap:0px 0px;--row-gap:0px;--column-gap:0px;}.elementor-6266 .elementor-element.elementor-element-3d545179 > .elementor-widget-container{margin:0px 0px 0px 0px;padding:0px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-3d545179 .jeg-elementor-kit.jkit-heading{text-align:center;}.elementor-6266 .elementor-element.elementor-element-3d545179 .jeg-elementor-kit.jkit-heading .heading-title{font-size:var( --e-global-typography-db1e030-font-size );line-height:var( --e-global-typography-db1e030-line-height );letter-spacing:var( --e-global-typography-db1e030-letter-spacing );word-spacing:var( --e-global-typography-db1e030-word-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-posts{grid-template-columns:repeat(1, minmax(0, 1fr));}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-thumb .thumbnail-container{height:300px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-category span a, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-3 .jkit-post-category span a{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-title{margin:20px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-4 .jkit-post-title{margin:20px 0px 0px 0px;}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-title a, .elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock.postblock-type-4 .jkit-post-title a{font-size:var( --e-global-typography-ef116fc-font-size );line-height:var( --e-global-typography-ef116fc-line-height );letter-spacing:var( --e-global-typography-ef116fc-letter-spacing );}.elementor-6266 .elementor-element.elementor-element-7b77e928 .jeg-elementor-kit.jkit-postblock .jkit-post-meta{font-size:var( --e-global-typography-d848767-font-size );line-height:var( --e-global-typography-d848767-line-height );letter-spacing:var( --e-global-typography-d848767-letter-spacing );}}<\/style>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6266\" class=\"elementor elementor-6266\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-29370a8d e-con-full e-flex e-con e-parent\" data-id=\"29370a8d\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-2f3e7eb8 e-con-full e-flex e-con e-child\" data-id=\"2f3e7eb8\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-2686cc9d e-con-full e-flex e-con e-child\" data-id=\"2686cc9d\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-654739be elementor-icon-list--layout-inline elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"654739be\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"#\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><u>Home <\/u><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/clients.lumos.marketing\/zmartly\/news-insights\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><u>News &amp; Insights<\/u><\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-44d1e818 elementor-widget__width-initial elementor-widget elementor-widget-jkit_post_title\" data-id=\"44d1e818\" data-element_type=\"widget\" data-widget_type=\"jkit_post_title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"jeg-elementor-kit jkit-post-title jeg_module___69d08ed8b1776\" ><h1 class=\"post-title style-color \">Frequently Asked Accounting Questions Answered (Guide for UK Business Owners)<\/h1><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-20ca1bc7 e-flex e-con-boxed e-con e-child\" data-id=\"20ca1bc7\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-75ba6411 elementor-widget__width-auto elementor-widget elementor-widget-jkit_post_author\" data-id=\"75ba6411\" data-element_type=\"widget\" data-widget_type=\"jkit_post_author.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"jeg-elementor-kit jkit-post-author jeg_module__1_69d08ed8b1e8f\" ><p class=\"post-author \">Harvey<\/p><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-770e16b2 elementor-widget__width-initial elementor-widget-divider--view-line elementor-invisible elementor-widget elementor-widget-divider\" data-id=\"770e16b2\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;,&quot;_animation_delay&quot;:400}\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6afc539a elementor-widget__width-auto elementor-invisible elementor-widget elementor-widget-jkit_post_date\" data-id=\"6afc539a\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;,&quot;_animation_delay&quot;:600}\" data-widget_type=\"jkit_post_date.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"jeg-elementor-kit jkit-post-date jeg_module__2_69d08ed8b2455\" ><p class=\"post-date \">May 2, 2025<\/p><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6f97c851 e-flex e-con-boxed e-con e-parent\" data-id=\"6f97c851\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3668cf39 elementor-widget__width-initial elementor-widget elementor-widget-image\" data-id=\"3668cf39\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/clients.lumos.marketing\/zmartly\/wp-content\/uploads\/2025\/05\/pexels-ketut-subiyanto-4560092-scaled-1-1024x683.jpg\" class=\"attachment-large size-large wp-image-6267\" alt=\"\" srcset=\"https:\/\/clients.lumos.marketing\/zmartly\/wp-content\/uploads\/2025\/05\/pexels-ketut-subiyanto-4560092-scaled-1-1024x683.jpg 1024w, https:\/\/clients.lumos.marketing\/zmartly\/wp-content\/uploads\/2025\/05\/pexels-ketut-subiyanto-4560092-scaled-1-300x200.jpg 300w, https:\/\/clients.lumos.marketing\/zmartly\/wp-content\/uploads\/2025\/05\/pexels-ketut-subiyanto-4560092-scaled-1-768x512.jpg 768w, https:\/\/clients.lumos.marketing\/zmartly\/wp-content\/uploads\/2025\/05\/pexels-ketut-subiyanto-4560092-scaled-1-1536x1024.jpg 1536w, https:\/\/clients.lumos.marketing\/zmartly\/wp-content\/uploads\/2025\/05\/pexels-ketut-subiyanto-4560092-scaled-1-2048x1366.jpg 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2cffc3df e-con-full e-flex e-con e-child\" data-id=\"2cffc3df\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-57106ba7 elementor-toc--content-ellipsis elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"57106ba7\" data-element_type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;],&quot;container&quot;:&quot;.blog-content&quot;,&quot;exclude_headings_by_selector&quot;:[],&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;laptop&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:60,&quot;marker_view&quot;:&quot;numbers&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tTable of Contents\t\t\t<\/h4>\n\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__57106ba7\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__57106ba7\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/div>\n\t\t\t\t\t<\/div>\n\t\t<div id=\"elementor-toc__57106ba7\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<svg class=\"elementor-toc__spinner eicon-animation-spin e-font-icon-svg e-eicon-loading\" aria-hidden=\"true\" viewBox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M500 975V858C696 858 858 696 858 500S696 142 500 142 142 304 142 500H25C25 237 238 25 500 25S975 237 975 500 763 975 500 975Z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-21bdd0e0 e-con-full blog-content e-flex e-con e-child\" data-id=\"21bdd0e0\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4ed2709b elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"4ed2709b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Shoud I hire an accountant? What records should I keep? Get answers to these and other common accounting questions asked by business owners.<\/span><\/p><p><span style=\"font-weight: 400;\">Accounting is a crucial part of every business, involving how you record, store, and manage your business finances. It can be confusing and challenging, especially for new business owners or those with limited accounting knowledge. To help you navigate this complex field, we&#8217;ve compiled a list of 9 frequently asked accounting questions and their answers.<\/span><\/p><h2><b>What is the appropriate legal and tax structure for my business?<\/b><\/h2><p><span style=\"font-weight: 400;\">Choosing the appropriate legal and tax structure for your business is crucial, as it influences various aspects of your operations, including taxes, personal asset protection, and day-to-day management. The most common forms of business structures in the UK are sole trader or a limited company.<\/span><\/p><h4><a href=\"https:\/\/www.gov.uk\/set-up-sole-trader\"><b>Sole trader<\/b><\/a><b>:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">This is the simplest and most common type of business structure in the UK. It is owned by a single individual who is responsible for all business profits and liabilities. The business income is reported directly on the owner&#8217;s personal Self Assessment tax return.\u00a0\u00a0<\/span><\/p><h4><a href=\"https:\/\/www.gov.uk\/set-up-limited-company\"><b>Limited company<\/b><\/a><b>\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">A limited company is a separate legal entity from its owners (shareholders) and is incorporated at Companies House. It provides the highest level of protection for personal assets, as shareholders are only liable up to the amount of their investment. Limited companies are subject to corporation tax on their profits.\u00a0<\/span><\/p><h4><a href=\"https:\/\/www.gov.uk\/set-up-business-partnership\"><b>Partnership<\/b><\/a><b>:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">This structure involves two or more people who share the ownership, profits, and liabilities of the business. Partnerships can be general or limited, with general partners having equal control and sharing profits and losses, while limited partners have limited control and liability.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">To determine the most suitable legal and tax structure for your business in the UK, consider factors such as your personal liability exposure, tax implications, administrative requirements, and your long-term goals. It is advisable to consult with legal and financial professionals, such as a UK accounting firm, to make an informed decision. Talk to us to learn more.<\/span><\/p><p><span style=\"font-weight: 400;\">Helpful links:<\/span><\/p><h4><a href=\"https:\/\/www.gov.uk\/set-up-sole-trader\"><b>Set up as a sole trader<\/b><\/a><\/h4><h4><a href=\"https:\/\/www.gov.uk\/set-up-limited-company\"><b>Set up a limited company<\/b><\/a><\/h4><h4><a href=\"https:\/\/www.gov.uk\/set-up-business-partnership\"><b>Set up a business partnership<\/b><\/a><\/h4><div>\u00a0<\/div><h2><b>Which financial records should I keep?<\/b><\/h2><p><span style=\"font-weight: 400;\">Business owners should maintain records such as business tax returns, financial statements, income statements, balance sheets, cash flow statements, statements of retained earnings, and general ledger. It\u2019s important to keep accurate and comprehensive financial records to monitor your business&#8217;s progress, prepare financial statements, identify income sources, track deductible expenses, and prepare tax returns.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>How can I separate my personal and business finances?<\/b><\/h2><p><span style=\"font-weight: 400;\">Mixing business and personal finances is a common mistake among small business owners. Accurate reporting is essential for growth, and separating these finances is crucial.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">You can start by getting a Unique Taxpayer Reference (UTR) number, for your business. Next, open a business bank account to keep your business transactions separate from your personal ones. Consider applying for a business credit or cash card to manage and track business expenses more efficiently. It is also essential to diligently track your expenses, retain receipts for business transactions, and file taxes separately for your personal and business finances.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>What is the difference between cash and accrual accounting?<\/b><\/h2><p><span style=\"font-weight: 400;\">The main difference between cash and accrual accounting lies in the timing of when revenue and expenses are recorded. In simple terms, cash accounting focuses on the actual flow of cash in and out of a business, recording transactions only when money is received or paid.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">On the other hand, accrual accounting records transactions when they are earned or incurred, regardless of when the cash is exchanged. This means that with accrual accounting, you account for revenue when it&#8217;s earned and expenses when they&#8217;re incurred, even if the payment hasn&#8217;t been made or received yet<\/span><\/p><p><span style=\"font-weight: 400;\">Accrual accounting provides a more accurate picture of a company&#8217;s financial health, while cash accounting is simpler and more straightforward.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>How can I improve my financial reporting and record-keeping?<\/b><\/h2><p><span style=\"font-weight: 400;\">To improve your financial reporting and record-keeping, apps and softwares can be an invaluable tool in organising financial records as well as coordinating with bookkeepers and accountants. By centralising records in one location, the process is simplified, and accurate reporting is more easily achieved. Additionally, implementing a secure, shared, and centralised financial reporting system can improve communication and collaboration among team members, ensuring that everyone is on the same page and that the reporting process runs smoothly.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>How do I choose the right accounting software for my business?<\/b><\/h2><p><span style=\"font-weight: 400;\">Consider factors such as ease of use, affordability, scalability, integration with other software, and the availability of customer support when choosing accounting software. It&#8217;s essential to select a software solution that meets your business&#8217;s specific needs and can grow with your company.<\/span><\/p><p><span style=\"font-weight: 400;\">Some popular accounting software options include Wave Accounting, Xero, FreshBooks, and QuickBooks Online, with prices starting around $10 to $15 per month.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>What are the essential financial statements I need to prepare?<\/b><\/h2><p><span style=\"font-weight: 400;\">The three essential financial statements are the balance sheet, income statement, and cash flow statement. The balance sheet shows a company&#8217;s assets, liabilities, and equity. The income statement summarises revenues, expenses, and net income. The cash flow statement provides an overview of cash inflows and outflows during a specific period.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>What is the difference between a tax deduction and a tax credit?<\/b><\/h2><p><span style=\"font-weight: 400;\">A tax deduction reduces your taxable income, while a tax credit directly reduces your tax liability. For example, if you have a \u00a31,000 tax deduction and \u00a350,000 in taxable income, your taxable income would be reduced to \u00a349,000. A tax credit, on the other hand, would directly reduce your tax liability by the credit amount.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>How often should I review my financial statements?<\/b><\/h2><p><span style=\"font-weight: 400;\">Regularly reviewing your financial statements is essential for understanding your business&#8217;s financial health and making informed decisions. Ideally, you should review your financial statements monthly, but quarterly reviews are also acceptable for smaller businesses.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>What is the accounting equation?<\/b><\/h2><p><span style=\"font-weight: 400;\">The accounting equation is a fundamental principle in accounting that states a business&#8217;s total assets are always equal to the sum of its liabilities and owner&#8217;s equity. In simple terms, it can be represented as: Assets = Liabilities + Owner&#8217;s Equity. This equation is the foundation of the double-entry accounting system used by businesses of all sizes.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h3><b>Here&#8217;s a brief explanation of each component:<\/b><\/h3><h4><b>Assets:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">These are the resources your business owns, such as cash, inventory, equipment, and buildings.<\/span><\/p><h4><b>Liabilities:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">These represent what your business owes to others, such as loans, credit card balances, and accounts payable.<\/span><\/p><h4><b>Owner&#8217;s Equity:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">This is the residual interest in the assets of the business after deducting liabilities. In other words, it&#8217;s what the owner or owners have invested in the business, plus any profits that haven&#8217;t been distributed.<\/span><\/p><p><span style=\"font-weight: 400;\">As a business owner, the accounting equation helps you understand the financial health of your business. It shows how your assets are financed, either through debt (liabilities) or investments by the owners (equity)].By maintaining this balance, you can ensure that your business records are accurate and up-to-date, allowing you to make informed decisions about your company&#8217;s financial future.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>How do I set up and manage my business&#8217;s bookkeeping system?<\/b><\/h2><p><span style=\"font-weight: 400;\">Choose between cash and accrual accounting, select accounting software, establish a chart of accounts, and set up a regular schedule for recording transactions, reconciling accounts, and reviewing financial statements. You may also want to consider hiring a bookkeeper or accountant to assist you with these tasks.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><h2><b>When should I consult an accountant?<\/b><\/h2><p><span style=\"font-weight: 400;\">As an SME or startup, we understand the budget constraints that make you want to do everything on your own.<\/span><\/p><p><span style=\"font-weight: 400;\">But these are several scenarios in which you should consult an accountant:<\/span><\/p><h4><b>When starting a business:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">An accountant can provide valuable advice on the best legal structure for your business, setting up accounting systems, and tax planning. They can also help you identify eligible tax deductions and ensure you&#8217;re compliant with tax laws from the beginning.<\/span><\/p><h4><b>Tax return preparation and filing:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">An accountant can prepare and file tax returns, identify tax deductions, and help you avoid costly mistakes, penalties, or audits.<\/span><\/p><h4><b>Financial statement preparation:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">Accountants can prepare financial statements, such as balance sheets, income statements, and cash flow statements, which are essential for understanding your business&#8217;s financial health and making informed decisions.<\/span><\/p><h4><b>Business growth and expansion:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">When you&#8217;re considering growing your business through cross-selling, upselling, or other strategies, an accountant can provide guidance on the best methods for growth and help with financial planning.<\/span><\/p><h4><b>Tax planning:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">Accountants can help you develop tax strategies to minimise your tax liabilities and ensure compliance with tax laws.<\/span><\/p><h4><b>When facing complex financial situations:\u00a0<\/b><\/h4><p><span style=\"font-weight: 400;\">If your business has complex financial situations, such as self-employment or complicated investments, it may be beneficial to consult an accountant to navigate these challenges,<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6732aee3 e-con-full e-flex e-con e-child\" data-id=\"6732aee3\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-33775669 e-con-full e-flex e-con e-child\" data-id=\"33775669\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2f126c13 elementor-widget__width-auto elementor-widget elementor-widget-text-editor\" data-id=\"2f126c13\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tTags :\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d5a308b elementor-widget__width-auto elementor-widget elementor-widget-jkit_post_terms\" data-id=\"1d5a308b\" data-element_type=\"widget\" data-widget_type=\"jkit_post_terms.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"jeg-elementor-kit jkit-post-terms jeg_module__3_69d08ed8b3d9c\" ><span class=\"post-terms\"><span class=\"term-list \">Blog<\/span><\/span><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6d31dd65 e-con-full e-flex e-con e-child\" data-id=\"6d31dd65\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-538a51b3 elementor-widget__width-auto elementor-widget elementor-widget-text-editor\" data-id=\"538a51b3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Share This :<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65cf04ba e-grid-align-mobile-left elementor-widget-mobile__width-initial elementor-widget__width-auto e-grid-align-tablet-left elementor-shape-rounded elementor-grid-0 e-grid-align-center elementor-widget elementor-widget-social-icons\" data-id=\"65cf04ba\" data-element_type=\"widget\" data-widget_type=\"social-icons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-social-icons-wrapper elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-facebook-f elementor-animation-float elementor-repeater-item-dc33851\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Facebook-f<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-facebook-f\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M279.14 288l14.22-92.66h-88.91v-60.13c0-25.35 12.42-50.06 52.24-50.06h40.42V6.26S260.43 0 225.36 0c-73.22 0-121.08 44.38-121.08 124.72v70.62H22.89V288h81.39v224h100.17V288z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-x-twitter elementor-animation-float elementor-repeater-item-1ff867d\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">X-twitter<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-x-twitter\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M389.2 48h70.6L305.6 224.2 487 464H345L233.7 318.6 106.5 464H35.8L200.7 275.5 26.8 48H172.4L272.9 180.9 389.2 48zM364.4 421.8h39.1L151.1 88h-42L364.4 421.8z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-tiktok elementor-animation-float elementor-repeater-item-944ca85\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Tiktok<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-tiktok\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M448,209.91a210.06,210.06,0,0,1-122.77-39.25V349.38A162.55,162.55,0,1,1,185,188.31V278.2a74.62,74.62,0,1,0,52.23,71.18V0l88,0a121.18,121.18,0,0,0,1.86,22.17h0A122.18,122.18,0,0,0,381,102.39a121.43,121.43,0,0,0,67,20.14Z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-linkedin-in elementor-animation-float elementor-repeater-item-95595a4\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Linkedin-in<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-linkedin-in\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M100.28 448H7.4V148.9h92.88zM53.79 108.1C24.09 108.1 0 83.5 0 53.8a53.79 53.79 0 0 1 107.58 0c0 29.7-24.1 54.3-53.79 54.3zM447.9 448h-92.68V302.4c0-34.7-.7-79.2-48.29-79.2-48.29 0-55.69 37.7-55.69 76.7V448h-92.78V148.9h89.08v40.8h1.3c12.4-23.5 42.69-48.3 87.88-48.3 94 0 111.28 61.9 111.28 142.3V448z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-instagram elementor-animation-float elementor-repeater-item-bc5bc06\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Instagram<\/span>\n\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-instagram\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224.1 141c-63.6 0-114.9 51.3-114.9 114.9s51.3 114.9 114.9 114.9S339 319.5 339 255.9 287.7 141 224.1 141zm0 189.6c-41.1 0-74.7-33.5-74.7-74.7s33.5-74.7 74.7-74.7 74.7 33.5 74.7 74.7-33.6 74.7-74.7 74.7zm146.4-194.3c0 14.9-12 26.8-26.8 26.8-14.9 0-26.8-12-26.8-26.8s12-26.8 26.8-26.8 26.8 12 26.8 26.8zm76.1 27.2c-1.7-35.9-9.9-67.7-36.2-93.9-26.2-26.2-58-34.4-93.9-36.2-37-2.1-147.9-2.1-184.9 0-35.8 1.7-67.6 9.9-93.9 36.1s-34.4 58-36.2 93.9c-2.1 37-2.1 147.9 0 184.9 1.7 35.9 9.9 67.7 36.2 93.9s58 34.4 93.9 36.2c37 2.1 147.9 2.1 184.9 0 35.9-1.7 67.7-9.9 93.9-36.2 26.2-26.2 34.4-58 36.2-93.9 2.1-37 2.1-147.8 0-184.8zM398.8 388c-7.8 19.6-22.9 34.7-42.6 42.6-29.5 11.7-99.5 9-132.1 9s-102.7 2.6-132.1-9c-19.6-7.8-34.7-22.9-42.6-42.6-11.7-29.5-9-99.5-9-132.1s-2.6-102.7 9-132.1c7.8-19.6 22.9-34.7 42.6-42.6 29.5-11.7 99.5-9 132.1-9s102.7-2.6 132.1 9c19.6 7.8 34.7 22.9 42.6 42.6 11.7 29.5 9 99.5 9 132.1s2.7 102.7-9 132.1z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-38f27ee3 e-con-full e-flex e-con e-child\" data-id=\"38f27ee3\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1f648ad6 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1f648ad6\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-61e4d1ca e-con-full e-flex e-con e-child\" data-id=\"61e4d1ca\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3d545179 elementor-invisible elementor-widget elementor-widget-jkit_heading\" data-id=\"3d545179\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"jkit_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"jeg-elementor-kit jkit-heading  align- align-tablet- align-mobile-center jeg_module__4_69d08ed8b49e2\" ><div class=\"heading-section-title  display-inline-block\"><h3 class=\"heading-title\">Related Post<\/h3><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b77e928 elementor-widget elementor-widget-jkit_post_block\" data-id=\"7b77e928\" data-element_type=\"widget\" data-widget_type=\"jkit_post_block.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div  class=\"jeg-elementor-kit jkit-postblock postblock-type-5 jkit-pagination-disable post-element jeg_module__5_69d08ed8b56e9\"  data-id=\"jeg_module__5_69d08ed8b56e9\" data-settings=\"{&quot;post_type&quot;:&quot;post&quot;,&quot;number_post&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:2,&quot;sizes&quot;:[]},&quot;post_offset&quot;:0,&quot;unique_content&quot;:&quot;disable&quot;,&quot;include_post&quot;:&quot;720,716,714&quot;,&quot;exclude_post&quot;:6266,&quot;include_category&quot;:&quot;&quot;,&quot;exclude_category&quot;:&quot;&quot;,&quot;include_author&quot;:&quot;&quot;,&quot;include_tag&quot;:&quot;&quot;,&quot;exclude_tag&quot;:&quot;&quot;,&quot;product_brand&quot;:&quot;&quot;,&quot;product_cat&quot;:&quot;&quot;,&quot;product_tag&quot;:&quot;&quot;,&quot;sort_by&quot;:&quot;latest&quot;,&quot;pagination_mode&quot;:&quot;disable&quot;,&quot;pagination_loadmore_text&quot;:&quot;Load More&quot;,&quot;pagination_loading_text&quot;:&quot;Loading...&quot;,&quot;pagination_number_post&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:3,&quot;sizes&quot;:[]},&quot;pagination_scroll_limit&quot;:0,&quot;pagination_icon&quot;:{&quot;value&quot;:&quot;&quot;,&quot;library&quot;:&quot;&quot;},&quot;pagination_icon_position&quot;:&quot;before&quot;,&quot;st_category_position&quot;:&quot;center&quot;,&quot;sg_content_postblock_type&quot;:&quot;type-5&quot;,&quot;sg_content_element_order&quot;:&quot;title,meta,excerpt,read&quot;,&quot;sg_content_breakpoint&quot;:&quot;tablet&quot;,&quot;sg_content_title_html_tag&quot;:&quot;h3&quot;,&quot;sg_content_category_enable&quot;:&quot;yes&quot;,&quot;sg_content_excerpt_enable&quot;:&quot;&quot;,&quot;sg_content_excerpt_length&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:20,&quot;sizes&quot;:[]},&quot;sg_content_excerpt_more&quot;:&quot;...&quot;,&quot;sg_content_readmore_enable&quot;:&quot;&quot;,&quot;sg_content_readmore_icon&quot;:{&quot;value&quot;:&quot;fas fa-arrow-right&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;sg_content_readmore_icon_position&quot;:&quot;after&quot;,&quot;sg_content_readmore_text&quot;:&quot;Read More&quot;,&quot;sg_content_comment_enable&quot;:&quot;&quot;,&quot;sg_content_comment_icon&quot;:{&quot;value&quot;:&quot;fas fa-comment&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;sg_content_comment_icon_position&quot;:&quot;before&quot;,&quot;sg_content_meta_enable&quot;:&quot;yes&quot;,&quot;sg_content_meta_author_enable&quot;:&quot;&quot;,&quot;sg_content_meta_author_by_text&quot;:&quot;by&quot;,&quot;sg_content_meta_author_icon&quot;:{&quot;value&quot;:&quot;fas fa-user&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;sg_content_meta_author_icon_position&quot;:&quot;before&quot;,&quot;sg_content_meta_date_enable&quot;:&quot;yes&quot;,&quot;sg_content_meta_date_type&quot;:&quot;published&quot;,&quot;sg_content_meta_date_format&quot;:&quot;default&quot;,&quot;sg_content_meta_date_format_custom&quot;:&quot;F j, Y&quot;,&quot;sg_content_meta_date_icon&quot;:{&quot;value&quot;:&quot;fas fa-clock&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;sg_content_meta_date_icon_position&quot;:&quot;before&quot;,&quot;sg_content_image_size_imagesize_size&quot;:&quot;full&quot;,&quot;paged&quot;:1,&quot;class&quot;:&quot;jkit_post_block&quot;}\"><div class=\"jkit-block-container\"><div class=\"jeg_empty_module\">No Content Available<\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Home News &#038; Insights Frequently Asked Accounting Questions Answered (Guide for UK Business Owners) Harvey May 2, 2025 Table of Contents Shoud I hire an accountant? What records should I keep? Get answers to these and other common accounting questions asked by business owners. Accounting is a crucial part of every business, involving how you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6267,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/posts\/6266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/comments?post=6266"}],"version-history":[{"count":7,"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/posts\/6266\/revisions"}],"predecessor-version":[{"id":6275,"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/posts\/6266\/revisions\/6275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/media\/6267"}],"wp:attachment":[{"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/media?parent=6266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/categories?post=6266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/clients.lumos.marketing\/zmartly\/wp-json\/wp\/v2\/tags?post=6266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}