Prosper Accountancy

02/09/2026

Does every business have to register for VAT?

Not necessarily.

Whether you need to register depends on your turnover, your customers and your business goals. In this video, Michael explains when VAT registration is required, when voluntary registration might be worth considering and why it's important not to leave it too late.

Have a question about VAT? Leave it in the comments or get in touch with the team.

01/09/2026

Do you know how your business is performing right now?
Not last year.
Not six months ago.
Right now.

Management accounts can give you valuable insights into profitability, cashflow and business performance throughout the year.

Here's why so many growing businesses rely on them.

30/08/2026

Can you put clothing through your business?

The answer isn't simply yes or no. Some types of clothing may qualify as a business expense, while others won't.

As with most expenses, it comes down to the purpose and the circumstances.

Watch the video to find out what HMRC considers allowable

27/08/2026

Profit is important... but it's only part of the picture

Your balance sheet can tell you a lot about the financial health of your business and help you spot potential issues before they become problems.

Here's a quick guide to what it is and why it matters.

25/08/2026

Does your business have to pay Corporation Tax?

If you run a limited company, the answer is usually yes.

But it's not based on turnover, and the amount you pay depends on your profits.

Watch the video for a quick overview

24/08/2026

Can you claim a dog through your business?

It's one of the more unusual questions we get asked

As with any business expense, it's not the item itself that's important — it's the reason for it and how it's used.

Watch the video to find out whether your four-legged friend could be a business expense

20/08/2026

Thinking of setting up a limited company?

It's important to understand not only the benefits, but also the responsibilities that come with it.

From accounts and tax returns to understanding the difference between a director and a shareholder, here's a quick overview of what you need to know.

20/08/2026

Also good to get to a Growth Community meeting and catch up with some great like minded businss owners.

Another great The Growth Community, Castleford meeting this week, with a brilliant mix of members along with new and returning guests joining us!

And firstly, apologies for the selfie… clearly I need to work on my group photography skills! 😂

A big thank you to Jay from Keytech for this week’s showcase, Tim Cooper from Not Just Travel for the learning point, and Michael Harle from Prosper Accountancy for co-hosting with our Martin Weaver-Parker again.

As always, the best part was the conversations around the room, plenty of introductions, new connections and people genuinely looking for ways to help each other.

Thanks to everyone who came along and contributed to another really enjoyable meeting.

If you’ve never been along to Growth Community Castleford and fancy seeing what it’s all about, our next meeting is coming up soon. Drop me a message or comment below and you’d be very welcome to join us as a guest.

Thanks again everyone, see you at the next one 😉

James Wilson Louise Simpson Harjit Singh Dhesi CeMAP CeFA Shelley Harper Dan Hedderick Frances Howard Shelly Lynch Lauren McGuire Mulvihill Sam Eastwood Shaun Lindley Lorna Blackett Dave Skinner

19/08/2026

📸 Celebrating World Photography Day!

When she's not busy running the day-to-day operations at Prosper, leading our marketing or developing new ideas for the business, Rachel loves to swap her laptop for a camera.

Wildlife photography has become one of her biggest passions, and whenever she gets a spare day, you'll often find her exploring a wildlife park or zoo with her camera in hand. Yorkshire Wildlife Park is her favourite and the one she visits most often, but she's always keen to discover new places and photograph different animals.

Whether it's the striking stare of a tiger, the playful personality of a polar bear, the power of a lion or the cheeky antics of the monkeys, Rachel loves capturing those unique moments that showcase each animal's character. Every visit is different, and that's all part of the enjoyment.

Photography is a hobby that encourages patience, creativity and seeing things from a different perspective - qualities that Rachel also brings into her role at Prosper every day.

This World Photography Day, we're celebrating one of the hobbies that helps Rachel switch off, recharge and appreciate the incredible wildlife around us.

📷 Swipe through to see some of Rachel's favourite wildlife photographs and let us know which one is your favourite!

Happy World Photography Day! 🌍

18/08/2026

When should you become a limited company?

It's one of the most common questions we get asked.

The answer isn't based on a single turnover figure - there are several factors to consider, including tax, liability and your future plans.

Watch the video for a quick overview