The Lodestar Blog
Tax tips, business news, Lodestar expert insight
⚠️ Your Xero Reports Might Be Lying to You: Why an Accountant’s Touch is Crucial 📊
As a small business owner, you rely on Xero for managing your daily finances. Its reports—the Profit & Loss, Balance Sheet, and Cash Flow—are often your first port of call for checking performance. They're quick, they're automated, and they appear to give you a...
Raising the Bar: What the New B Corp Standards Mean for Business Impact
The B Corp certification has always been the gold standard for businesses balancing profit and purpose. Now, B Lab is rolling out the most significant update to its standards in the movement's history, fundamentally changing how companies achieve and maintain their...
MTD for Income Tax: The 6-Month Countdown
The countdown is on. With only six months until the introduction of Making Tax Digital for Income Tax (MTD for IT) now is the time to get prepared. If you're a self-employed individual or a landlord, this affects you. Ignoring it could lead to penalties and a whole...
Carbon Accounting: The New Frontier for Qualified Accountants
In an era defined by increasing environmental consciousness and stringent sustainability regulations, carbon accounting has emerged as a critical field. Just as financial accounting tracks monetary value, carbon accounting focuses on measuring, managing, and reporting...
Is That Companies House Email Genuine? Your Guide To The ACSP Changes
Companies House is undergoing a significant transformation to enhance transparency and combat economic crime, and you may have recently received an email from them regarding these crucial changes. We understand that in an age of increasing online fraud, it's natural...
Investment vs Debt Funding – Which Path Is Right For Your Business?
So, your business is thriving, and the horizon looks bright. You're ready to take the next leap, expand your operations, develop new products, or conquer new markets. But to make those ambitious dreams a reality, you'll likely need an injection of capital, but should...