Acumen Accounting

Your business is making sales… but are you actually making money?
It’s easy to focus on revenue because it’s the number that shows how much your business is selling.
But revenue tells only part of the story.
Your costs, overheads and other expenses determine what’s left as profit.
A business can have impressive sales and still have surprisingly little profit.
So, if you had to choose one number to check first…
Revenue or profit? 👇
Tell us in the comments.
Follow Acumen Accounting for practical, straightforward accounting and business insights.

MTD Income Tax: HMRC service downtime announced

Planning to sign up for Making Tax Digital for Income Tax?

HMRC has announced temporary downtime for its MTD Income Tax sign-up services:

📅 From: 5pm Friday 11 September 2026
📅 Until: 1pm Tuesday 15 September 2026

If you need to complete your MTD sign-up, make sure you plan ahead and don't leave it until the last minute.

UK BORROWING COSTS ARE RISING — WHAT DOES IT MEAN FOR BUSINESSES?
The UK’s 10-year gilt yield briefly reached around 5.29% today, its highest level since 2008
For UK businesses, higher borrowing costs can have a knock-on effect.
What to watch:
📌 Business loans and refinancing
📌 Investment and expansion decisions
📌 Cash flow and profit margins
📌 The cost of new finance
If your business is planning to borrow, refinance or invest, it may be worth reviewing your financing costs and cash-flow forecasts.
What does rising borrowing cost mean for your business?
Follow Acumen Accounting for practical UK business and accounting updates.

Kevin Keegan was more than a footballer – he was a true icon of the game.

A two-time Ballon d’Or winner, England captain, Newcastle United legend, and the unforgettable No. 7, “King Kev” inspired generations with his passion, commitment, and love for football.

💙 Rest in peace, King Kev.
⚽ Forever our No. 7.
👑 Your legacy will never be forgotten.

Good bookkeeping isn't just about staying organised—it's about protecting your business.
Many small business owners lose time and money because of avoidable bookkeeping mistakes.
Here are 5 common mistakes to watch out for
✅ Mixing business and personal expenses
✅ Losing receipts
✅ Leaving bookkeeping until the last minute
✅ Not reconciling bank transactions
✅ Missing important deadlines
Keeping accurate records helps you stay compliant, understand your finances, and make better business decisions.
📩 Need help keeping your books in order? Acumen Accounting is here to help. Get in touch today.
💬 Which bookkeeping task do you find the most time-consuming?

Cash flow is the lifeblood of every business.
Even profitable businesses can run into trouble if cash isn't flowing at the right time.
Here are 3 warning signs that could indicate your cash flow needs attention:
✅ Invoices are being paid late
✅ You're relying on an overdraft for everyday expenses
✅ You're struggling to pay suppliers or payroll on time
Recognising these signs early can help you take action before they become bigger financial problems.
At Acumen Accounting, we help UK businesses understand their finances, improve cash flow, and make informed decisions with confidence.
📩 Get in touch today to see how we can support your business.
💬 Which of these warning signs have you experienced, or what strategies have helped you manage cash flow?
#𝒷𝑜𝑜𝓀𝓀𝑒𝑒𝓅𝒾𝓃𝑔