Elaine Clark


Chartered Accountant




About the company

CheapAccounting.co.uk delivers quality, affordable and professional accountancy services as standard to UK businesses, whatever their size. By delivering online accountancy services at a cost effective price, CheapAccounting.co.uk supports the growth of the micro business economy in the UK.

About Elaine Clark

Elaine Clark is managing director of the award-winning national accountancy firm CheapAccounting.co.uk.

She was named the winner of the Woman in Finance Award by the Network of Aspiring Women in 2011. She has made several appearances on BBC Radio 4’s Money Box with Paul Lewis and is frequently asked by newspapers, magazines and websites to provide expert comment about tax, finance and other issues relevant to small and medium-sized businesses in the UK.

In January 2015 Elaine Clark was named as the 8th most influential source of finance news and information in social media by economia readers.


'COST' written on a piece of paper that's been cut in half by a pair of red scissors

Controlling your costs

While you may not be able to influence how much customers spend, you can do is to control your costs and look at variable and fixed costs. ...

Person holding up a black bucket to the sky with a rainbow in the background

Five common myths about accounts and taxation

There are many myths about accounting and taxation, most of them wide of the mark. So what's the reality? Time to dispel these five common myths. ...

A self employed woman submits her expenses ready for her self assessment tax return

Five top tips for doing your own books

Maintaining your own financial records (doing your books) can seem daunting when you’re new to it. Elaine Clark gives her top five tips. ...

A mans hand using a calculator on a desk

Limited company filing responsibilities

Setting up a company is quick and easy, but it creates a range of administrative responsibilities. Here's a basic introduction to get you started. ...

A man completes his bookkeeping and generates his customer invoices

Q&A: Producing invoices

If you've never produced an invoice before, how do you know what to include? Chartered accountant Elaine Clark answers key questions about invoices. ...

A woman runs her business from a space room in her house

Save money by renting a room in your home to your business

If you operate a limited company from premises, yet do some work at home, why not rent a room to your business and reduce your tax bill. ...


Sole trader v Ltd company tax calculator

Find simple online tools that enable you to estimate your take home pay after tax as a sole trader. ...