18 April, 2024
Many believe that business plans are only necessary for start-ups and new enterprises.
17 April, 2024
Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) represents a significant shift in how individuals, including landlords, must report…
16 April, 2024
With the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes…
11 April, 2024
The HM Revenue & Customs (HMRC) app was launched in 2023 and has quickly become a key tool for many,…
9 April, 2024
In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a…
3 April, 2024
April marks both the start of the 2024/25 tax year and Stress Awareness Month – a coincidence not lost on…
2 April, 2024
April Fool’s Day, a time of jokes and jests, may have been and gone…
28 March, 2024
Tax efficiency is one of the major deciding factors between different types of companies, particularly for growing businesses which need…
26 March, 2024
The law surrounding redundancy for new parents is set to change from 6 April.
25 March, 2024
HM Revenue & Customs (HMRC) has initiated a “call for evidence” as part of its ongoing Tax Administration Framework Review,…
25 March, 2024
In recent developments, HM Revenue and Customs (HMRC) has seen a notable decrease in the number of civil investigation cases…
25 March, 2024
The recent Spring Budget introduced significant changes to VAT (Value Added Tax) for businesses – particularly around the registration threshold.…
25 March, 2024
The Marriage Allowance, a scheme introduced by David Cameron in 2015, serves as a pivotal yet often overlooked tool for…
25 March, 2024
Understanding and adhering to the Corporate Interest Restriction (CIR) rules are a major challenge for many companies. The CIR legislation,…
25 March, 2024
Digital currencies are rapidly evolving, and the question of “how to tax cryptoassets” is increasingly being asked by governments across…
25 March, 2024
Unincorporated businesses like sole traders and partnerships are subject to different taxes than limited companies.
21 March, 2024
Writing a business plan should be one of your first steps when starting your business. If you have a business…
20 March, 2024
Funding for businesses can come in a range of forms depending on your needs, creditworthiness and projected ability to make…
19 March, 2024
With 5 April fast approaching, the pressure is on to make sure that you’ve used all capital allowances available to…
14 March, 2024
A very common question you hear is, “Do you need to be good at maths to be an accountant?”
13 March, 2024
We have come across this common misconception time and time again from business owners who want to embrace the power…
12 March, 2024
Are you ready for the end of the 2023/24 tax year?
8 March, 2024
If you are an owner of a small to medium-sized enterprise (SME), it is essential to consider the benefits of…
6 March, 2024
In a bid to simplify the way in which taxpayers and agents use online services, the Government is rolling out…
5 March, 2024
Investing in Environmental, Social and Governance objectives (ESG) and sustainability is becoming more popular for business owners at every level.
4 March, 2024
We often help our clients with business planning strategies and techniques that reduce their tax liabilities and increase their profit…
29 February, 2024
For both limited companies and unincorporated businesses, managing Value Added Tax (VAT) can be a significant challenge, affecting a broad…
29 February, 2024
New rules are coming into effect on 4 March 2024 which could impact your business if you are registered in…
27 February, 2024
For owners of an Airbnb or other short-term let properties, new planning legislation is set to come in by Summer…
23 February, 2024
Retirement planning is a crucial aspect of your long-term wealth management and is essential if you want to be financially…
22 February, 2024
The Employment Allowance is a means for SMEs to reduce the tax burden of employing staff at critical points in…
21 February, 2024
The end of the financial year is coming. 5 April is crunch time for making businesses and individual estates as…
20 February, 2024
HMRC surprised all taxpayers who own a double cab pickup as a company vehicle on 12 February by announcing that…
16 February, 2024
Management Buyouts (MBOs) present unique opportunities for business growth and transition.
15 February, 2024
A dispute between Coca-Cola and HM Revenue & Customs (HMRC) has closed the loophole that previously defined double-cab pickups as…
14 February, 2024
With the Self-Assessment deadline passing on 31 January, it’s clear that many sole traders and business owners aren’t using allowable…
13 February, 2024
The UK economy is built on SMEs and innovative entrepreneurs.
8 February, 2024
Managing payroll effectively is crucial, especially when it involves apprenticeship wages. Employers must adhere to government regulations to avoid potential…
7 February, 2024
Making Tax Digital (MTD) is designed to simplify the tax process for business owners.
6 February, 2024
Alternative routes to employment are in the National Apprenticeship Week spotlight this week. Do you think apprenticeships are right for…
1 February, 2024
The Chair of the Conservatives, Richard Holden, has said that there could be two more changes to UK tax law…
31 January, 2024
The 500T tax code in the UK is a temporary, non-cumulative code used by HMRC when they lack information.
30 January, 2024
Consistent financial reporting needs to be a core part of your financial strategy to ensure sustainable business growth.
29 January, 2024
Plans to significantly overhaul the current Research & Development (R&D) tax relief system were confirmed by the Government in November’s…
25 January, 2024
From April 2026, small and medium-sized businesses will be required to report and pay taxes on employee benefits like company…
24 January, 2024
As the deadline for paying any tax approaches, it is crucial you make your payments accurately and on time before…
23 January, 2024
Although it can have negative connotations, debt is inevitable for most businesses.
22 January, 2024
The next Income Tax Self-Assessment (ITSA) deadline is just around the corner, so make sure you start the year off…
19 January, 2024
Environmental consciousness is becoming more and more aligned with business operations, and electric vehicles (EVs) are becoming a popular choice…
18 January, 2024
If you’re concerned about how rising costs will impact your SME, you’re not alone.
16 January, 2024
If you employ one or more people for paid work, it’s essential that you have a properly managed payroll.
11 January, 2024
Working remotely has increased since the Covid pandemic, with 12.7 per cent of employees now working full-time from home in…
11 January, 2024
A significant development is on the horizon for the UK’s charitable sector with the slated 2024 launch of UK Grantmaking,…
11 January, 2024
The end of the year and the beginning of another is often seen as a time for reflection. In a…
11 January, 2024
Charities in the UK face unprecedented challenges according to the NCVO’s Chief Executive Sarah Vibert, who has launched a campaign…
11 January, 2024
In the realm of charitable fundraising, a significant shift is underway. According to Smee & Ford, there has been an…
10 January, 2024
As a business owner, you are probably aware of some of the expenses that you could claim back on in…
10 January, 2024
In the current climate of rising inflation rates, many savers are seeing significant returns on their savings and investments. However,…
10 January, 2024
The Bank of England’s decision to raise interest rates in the first half of 2023 might not have been well-received…
10 January, 2024
Recent developments in the Self-Assessment tax return criteria have brought significant changes that everyone who files an Income Tax Self-Assessment…
10 January, 2024
Similar to many sectors that value innovation and staying up to date, the landscape of tax compliance has seen a…
10 January, 2024
With the rapid growth of the cryptocurrency and crypto asset sector, traditional tax reporting and enforcement have been struggling to…
10 January, 2024
Understanding and managing Value Added Tax (VAT) is crucial for businesses that operate internationally – increasingly common in today’s business…
10 January, 2024
These are critical questions for business owners and individuals with high-value assets to understand to maximise tax reliefs and avoid…
10 January, 2024
HM Revenue & Customs (HMRC) have been awarded new powers by the Government in a bid to cut off a…
10 January, 2024
Recent changes in National Insurance Contributions (NICs) have significant implications for self-employed individuals. Any self-employed person must understand what their…
10 January, 2024
Individual Savings Accounts (ISAs) are a popular method of personal financial planning, offering a tax-efficient way to save and invest…
9 January, 2024
Businesses must remain compliant with the requirements for reporting and paying VAT, especially with the regular quarterly for VAT under…
4 January, 2024
While the end of 2023 saw inflation slow down, experts have warned that the chances of a recession in the…
3 January, 2024
HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key…
2 January, 2024
Now that we have entered 2024, our accounting team has been making their predictions and discussing how best to advise…
20 December, 2023
With the new year right around the corner, you’re bound to have big plans for your business.
19 December, 2023
Hybrid vehicles are becoming an increasingly attractive option for businesses.
14 December, 2023
To successfully grow your business, you need to not only know your current business position but also where you want…
13 December, 2023
Recent statistics reveal a significant increase in the amount of annual pension tax relief, exceeding £50 billion for the first…
12 December, 2023
HM Revenue & Customs (HMRC) has recently issued letters to restaurant and takeaway businesses across the country, emphasising the importance…
7 December, 2023
Inheritance Tax (IHT) can be a sensitive and uncertain topic when discussing with loved ones, but it is something that…
6 December, 2023
Investing in property can be a lucrative venture, but it’s essential to understand the implications of Capital Gains Tax (CGT)…
5 December, 2023
Accounting standards that impact businesses’ financial reporting are prone to the odd reshuffle every now and then, so it is…
30 November, 2023
As we approach the 31 January 2024 tax return deadline, it’s crucial for sole traders, to be well-prepared and aware…
29 November, 2023
Running a small business involves a lot more than juggling logistics. Knowing how to tackle and overcome challenges is an…
28 November, 2023
Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting…
23 November, 2023
For small businesses navigating the Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative, tax returns can be complex.
22 November, 2023
With a General Election looming on the horizon, Jeremy Hunt rose to deliver his second Autumn Statement as Chancellor in…
22 November, 2023
When making the decision to become a freelancer, you have two options. You can either set up as a sole…
21 November, 2023
The current economic climate is less than favourable for small and medium-sized enterprises (SMEs).
16 November, 2023
His Majesty the King’s speech, at the state opening of Parliament, is a significant event for businesses and financial professionals…
15 November, 2023
Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to…
14 November, 2023
The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements.
9 November, 2023
There are many financial and legal benefits to being married or in a civil partnership, but one of the most…
8 November, 2023
As a business grows, its accounting needs become more complex and time-consuming.
7 November, 2023
The recent Royal Assent of the Procurement Act marks a significant milestone in the evolution of public procurement.
2 November, 2023
When it comes to business decisions, taking an objective view is essential. But distinguishing your thoughts from the facts is…
1 November, 2023
In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.
31 October, 2023
When it comes to tax planning, timing is everything.
26 October, 2023
Most businesses are already using cloud accounting software to manage their finances. However, not all of them are taking full…
25 October, 2023
We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.
24 October, 2023
The term “double-entry bookkeeping” is often mentioned as a cornerstone for managing a business’s finances.
19 October, 2023
Capital Gains Tax (CGT) is one of those terms that often elicits a groan from private clients, but understanding its…
18 October, 2023
In the latest move in their Making Tax Digital (MTD) campaign, HM Revenue & Customs (HMRC) is removing paper VAT…
17 October, 2023
Among the long list of financial responsibilities that you must handle as a business owner is ensuring PAYE is made…
12 October, 2023
In today’s digital age, data protection has become a paramount concern for businesses of all sizes.
11 October, 2023
Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they…
10 October, 2023
Recent data from HM Revenue and Customs (HMRC) reveals a significant trend – an increasing number of UK taxpayers are…
5 October, 2023
As an owner of a small to medium-sized enterprise (SME), juggling numerous responsibilities comes with the territory. Overseeing operations and…
4 October, 2023
At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11…
3 October, 2023
HM Revenue and Customs (HMRC) has always been at the forefront of embracing technological advancements to make tax-related processes more…
28 September, 2023
Your business could benefit from a new scheme being run by HM Revenue & Customs (HMRC).
27 September, 2023
HM Revenue and Customs (HMRC) recently reported a record-breaking increase in Corporation Tax receipts for the 2022/23 tax year.
21 September, 2023
A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate “earlier and increased savings” for millions…
20 September, 2023
In the dynamic world of business, financial foresight is not just a luxury; it’s an essential ingredient for success.
19 September, 2023
As we approach the end of September, businesses across the UK are gearing up to meet the inaugural deadline for…
14 September, 2023
Accounting doesn’t have to be a time-consuming and complicated task.
13 September, 2023
In order for your business to be both financially secure and successful, you need to ensure you choose the right…
12 September, 2023
The issue of unclaimed pensions is a growing concern, with numerous individuals unaware of the pensions that are rightfully theirs.…
7 September, 2023
When you’re running a small business, every penny counts, including those you can save through legitimate tax deductions.
6 September, 2023
In modern businesses, cloud accounting has now become the norm rather than the exception.
5 September, 2023
While Inheritance Tax (IHT) is a topic that many find uncomfortable to discuss, it is an unavoidable aspect of estate…
31 August, 2023
A Government scheme could help parents save up to £2,000 on their childcare costs through tax reliefs aimed at working…
30 August, 2023
Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make.
29 August, 2023
As a small business owner, you’ve likely heard the terms “cash flow” and “profits” used interchangeably. However, mixing these financial…
24 August, 2023
Forecasting is the act of looking at past and present financial data to predict future costs, expenses, and profits. Small…
23 August, 2023
HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to…
22 August, 2023
As a small business owner, you are probably familiar with the term ‘Self-Assessment’. While many entrepreneurs link Self-Assessment primarily with…
17 August, 2023
In today’s digital age, the way businesses manage their finances has seen a seismic shift, largely due to the introduction…
16 August, 2023
Directors might opt to either lend money to or borrow from their own company. This type of transaction is called…
15 August, 2023
For business owners, understanding depreciation is not just about accounting practices but also about handling their taxes efficiently.
10 August, 2023
In December 2022, the plans for Making Tax Digital for Income Tax Self-Assessment changed again, as the Government announced that…
9 August, 2023
Knowing your charity’s obligations to HM Revenue & Customs (HMRC) is important, as you will have different requirements to standard…
8 August, 2023
Collections of Capital Gains Tax (CGT) reached a record £16.7 billion in the last tax year, a notable increase from…
3 August, 2023
Running a successful business in the UK is a challenging yet rewarding endeavour.
2 August, 2023
Starting your own business can seem daunting, especially when it comes to finding funding.
1 August, 2023
Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60…
27 July, 2023
Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it…
26 July, 2023
The Government has recently updated some elements of the Research and Development (R&D) tax relief application process.
25 July, 2023
HM Revenue & Customs (HMRC) has recently stated that they will pledge £5.5 million to organisations who are in the…
20 July, 2023
The financial landscape in the UK, as well as globally, is in a constant state of change.
19 July, 2023
With the summer holidays nearly here, small businesses, especially in the hospitality industry, face a distinct set of challenges.
18 July, 2023
There can be nothing more frustrating for business owners than waiting on payments from clients.
13 July, 2023
In the ever-changing business landscape that we see today, merely reacting to events as they occur is not enough.
12 July, 2023
Mergers and acquisitions (M&A) are often completed to gain market share, increase revenue, or expand business amongst many other things.
11 July, 2023
Whether you are the owner of a limited company or a sole trader, it is important to understand the expenses…
6 July, 2023
Exiting a business is a significant milestone for any entrepreneur or business owner.
5 July, 2023
As of February 2023, HM Revenue & Customs (HMRC) estimated that over two million people are unaware of the Marriage…
4 July, 2023
The Construction Industry Scheme (CIS) is a Government initiative that allows contractors in the construction industry to deduct money from…
29 June, 2023
As an owner or director, it may be possible for you to pay less tax on your income from your…
28 June, 2023
Navigating job expenses can seem daunting at first glance. There are a plethora of rules and regulations that can leave…
27 June, 2023
Are you a company director contemplating a loan from your own business? If yes, it’s crucial to understand the workings…
22 June, 2023
In the world of entrepreneurship and small businesses, technology continues to revolutionise the way we manage our operations.
21 June, 2023
HM Revenue & Customs (HMRC) recently announced that it plans to boost its use of Code of Practice 9 (COP9),…
20 June, 2023
Many businesses across the UK have been financially affected by the cost-of-living crisis and the rise in inflation and have…
15 June, 2023
The Government has recently announced an extension to the deadline for individuals to pay voluntary National Insurance contributions (NICs), in…
14 June, 2023
With the sale of new petrol and diesel cars set to cease in 2030 and rising fuel costs, the demand…
13 June, 2023
HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up…
8 June, 2023
Several significant changes were announced by the Government in the 2023 Spring Budget regarding the annual allowance and the lifetime…
7 June, 2023
A range of car financing options are available for individual buyers and businesses alike.
6 June, 2023
Recent changes HM Revenue & Customs (HMRC) made to the rate of Corporation Tax mainly affected larger businesses in the…
2 June, 2023
HM Revenue & Customs (HMRC) has revealed plans to increase an individual’s income threshold before being required to submit a…
1 June, 2023
While all businesses are free to manage their payroll in-house, there are many benefits to outsourcing this to an expert…
30 May, 2023
Understanding the financial health of a business is integral to its success, regardless of the industry or the size of…
25 May, 2023
Setting up a new business is not merely about innovative ideas or immense passion. It also demands careful planning and…
24 May, 2023
The UK Government has long encouraged businesses to invest in R&D projects, believing it to be at the forefront of…
23 May, 2023
The Government is looking to introduce the Renters Reform Bill, which if made law, will be the biggest shake-up to…
18 May, 2023
Running a start-up can take its toll, with the inevitable early struggle of managing and overseeing every role within the…
17 May, 2023
The allure of a seasonal business is strong for many entrepreneurs.
16 May, 2023
As interest rates in the UK rise, small and medium-sized enterprises (SMEs) will undoubtedly feel the pinch.
11 May, 2023
If you’re feeling unsure about your Income Tax obligations, it’s important to understand what you are required to pay, how…
10 May, 2023
Most businesses in the UK will need to submit VAT returns and payments every three months, with strict deadlines for…
9 May, 2023
HM Revenue & Customs (HMRC) has removed the default surcharge for late payments of VAT and replaced it with what…
5 May, 2023
Corporation Tax is a critical element that start-ups need to be aware of when starting their new venture.
4 May, 2023
The actions of organisations and their impact on their community are scrutinised heavily. A business can often see its reputation…
3 May, 2023
The UK has long been a hub for budding entrepreneurs and start-ups, with innovative ideas and new businesses emerging every…
27 April, 2023
Starting a business is an exciting venture for aspiring entrepreneurs, and it is important that you become well-versed in all…
26 April, 2023
New start-up businesses in the UK are as abundant as ever, but issues within society, climate change, and the cost…
25 April, 2023
Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms.
20 April, 2023
If your business engages off-payroll workers, it’s essential to be familiar with IR35 and its potential impact on your operations.
19 April, 2023
Reviewing and maintaining your cash flow is essential for business growth.
18 April, 2023
As a small business owner, you will be in charge of many things and must juggle many responsibilities.
14 April, 2023
We are currently in the transition period for the basis period reform, which is set to come into full effect…
12 April, 2023
When it comes to creating a new brand, considering your finances is a vital part of the planning stage as…
11 April, 2023
If you run a business in a tourist hotspot, you need to get prepared for the summer.
6 April, 2023
Being a director of a limited company means having the ability to pay yourself in a different manner to being…
5 April, 2023
With the tax 2022/23 tax year soon coming to an end, you need to be prepared to provide your employees…
4 April, 2023
Managing finances can be a complex and time-consuming task, especially for business owners and professionals.
30 March, 2023
Getting the tax year off to a good start will help you to optimise your overall financial position. But you…
29 March, 2023
Capital allowances are a form of tax relief for businesses. They allow you to subtract some or all of the…
28 March, 2023
The pandemic and lockdowns would have had many businesses considering the future and what may happen if they become ill…
23 March, 2023
During the 2023 Spring Budget, the Chancellor announced changes to pensions, which may alter the way you save for retirement.
22 March, 2023
A roof replacement company has been hit with a £2.5 million tax bill after a ruling that the insulated roof…
21 March, 2023
As the end of the financial year approaches, businesses across the UK are preparing to navigate the intricacies of payroll…
16 March, 2023
Artificial Intelligence (AI) is becoming increasingly advanced so, as a business owner, you need to get on board or you…
15 March, 2023
Just a few days short of the third anniversary of the first Covid lockdown, Chancellor Jeremy Hunt rose to the…
15 March, 2023
Many businesses find that they have gone as far as they can in the domestic market and are looking for…
14 March, 2023
Digital fraud, also known as cyber fraud or online fraud, refers to any type of fraudulent activity that takes place…
10 March, 2023
You will now have more time to make any voluntary National Insurance (NI) contributions, as the deadline has been extended.…
8 March, 2023
You are an established business and doing well, but you are still ambitious and looking to improve and expand.
7 March, 2023
Travel expenses are costs incurred by an employee whilst travelling on behalf of their company, which is away from their…
2 March, 2023
Effective financial record keeping is crucial for any business owner to maintain compliance with tax regulations and gain a clear…
1 March, 2023
Taxpayers have been reminded that a penalty deadline for unpaid Self-Assessment tax is imminent.
28 February, 2023
Small businesses saw a sharp increase in the length of time clients took to pay their invoices last month, according…
23 February, 2023
It’s important to stay up to date with the latest regulations and requirements related to taxes, including Value Added Tax…
22 February, 2023
Starting a business can be an exciting and rewarding experience.
21 February, 2023
Having general accounting knowledge is crucial for any business owner, especially during tax season. Understanding common accounting terms is highly…
17 February, 2023
Are you thinking about the tax implications of your estate and what this could mean for your loved ones after…
15 February, 2023
Starting your own business is a major achievement and you will have spent a lot of time planning this venture…
9 February, 2023
If you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously…
8 February, 2023
The Valuation Office Agency (VOA) has updated the rateable values of all business, and other non-domestic, properties in England and…
7 February, 2023
Are you hoping to run a successful start-up in the hospitality sector?
2 February, 2023
Cloud accounting offers many useful features that can help to save time and make your business more efficient.
1 February, 2023
As a director, have you ever considered taking a loan from your company? If so, it’s important to be aware…
31 January, 2023
Selling a business in the UK can be an exciting journey for those looking for opportunities to expand their portfolio.
27 January, 2023
If you are a business owner, you need to consider what to take in salary or in dividends.
25 January, 2023
With a new year upon us, you may be considering a new start by setting up your own business.
24 January, 2023
As a new business owner, you may feel you can manage your workload single-handedly.
19 January, 2023
The cost-of-living crisis can be a challenging time for businesses, with many additional costs being added to business expenses.
18 January, 2023
The 2021 to 2022 tax year saw a considerable amount of people aged 65 and over filing a tax return.
17 January, 2023
There are many reasons for changing how a business operates which may include changing relationships between business and customers. As…
12 January, 2023
During the cost-of-living crisis, you may be feeling concerned about the cash flow of your business.
11 January, 2023
Taxpayers have been warned that they could face a penalty after HM Revenue and Customs (HMRC) said 5.7 million were…
10 January, 2023
With the UK’s hospitality and tourism sectors continuing to evolve, the pandemic and cost-of-living crisis have played a big role.
5 January, 2023
As the cost-of-living crisis continues, your business might be looking for ways to cope with soaring energy bills and interest…
4 January, 2023
More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return.
3 January, 2023
In order to grow and succeed, you need to effectively manage your finances and monitor the health of your business.
21 December, 2022
You have overcome those initial obstacles in starting a new business and are now trading comfortably. The question is, where…
20 December, 2022
The Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) initiative has been delayed by two years, it has been…
19 December, 2022
Understanding your income tax and personal allowance is important when looking at your finances and how you are taxed.
16 December, 2022
Businesses have faced a new Plastic Packaging Tax (PPT) since April 2022, which affects plastic packaging manufactured in or imported…
14 December, 2022
Starting a business is an exciting venture and opens up opportunities and the chance to be your own boss.
13 December, 2022
As a business owner, the financial health of your company plays a key part in every decision you make.
9 December, 2022
Are you thinking about ways to grow your business but are unsure of where to start? Look no further.
7 December, 2022
A furnished holiday let (FHL) is a particular type of rental property classification in the UK.
1 December, 2022
Are you planning on treating your staff or clients this Christmas? Christmas gifts can be subject to tax, so it…
30 November, 2022
Introduced in 2016, the new State Pension is a payment based on your National Insurance record when you get to State Pension…
29 November, 2022
For most small businesses, Christmas is the busiest time of the year, which has a large impact on yearly revenue.
24 November, 2022
Taking on debt may make you feel worried, but while debts are often viewed negatively, they can actually have many…
23 November, 2022
With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased demand.
22 November, 2022
Landlords are being targeted by HM Revenue & Customs (HMRC) over what appears to be undeclared rental income or income…
18 November, 2022
With current economic difficulties, it is crucial to ensure that you have a detailed business plan. As inflation rises, you…
17 November, 2022
The message from the Chancellor, Jeremy Hunt, in the days before he rose to the despatch box in the House…
16 November, 2022
Accountants are saving businesses time and money as well as easing the pressure of rising inflation, according to a new…
15 November, 2022
When it comes to running a business, you must keep up with the ever-changing industry you are a part of.
11 November, 2022
Are you aware of the change to filing accounts at Companies House? If not, there are penalties for mistakes, so…
9 November, 2022
Letters have been sent out to individuals listed as ‘Persons of Significant Control’ (PSC), urging them to check and, where…
8 November, 2022
Capital Gains Tax (CGT) is a tax applied on the profit you receive when disposing of an asset.
4 November, 2022
HMRC is launching a new penalty regime where VAT returns are submitted late or VAT is not paid on time.
3 November, 2022
Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs…
1 November, 2022
Many UK employers are topping up pay packets of valued employees with a cost-of-living payment when they are unable to…
28 October, 2022
The clock is ticking for taxpayers, as the countdown to submit online Self-Assessment tax returns has begun.
26 October, 2022
Starting a new business can be a daunting and challenging prospect.
25 October, 2022
With SMEs throughout the country struggling to grow and maximise profits, given the economic headwinds, fraud could be a major…
20 October, 2022
Management accounts are a set of regular reports created to provide insight on the financial performance of your business.
19 October, 2022
Communication and networking may not seem a priority for busy SMEs struggling against economic headwinds at the moment.
18 October, 2022
Recent plans to reintroduce tax-free shopping for international visitors in the UK have been scrapped.
13 October, 2022
Did you know that an estimated 28.5 billion paper trade documents are printed and distributed across the globe every day?
12 October, 2022
With the deadline for returning paper Self Assessment tax returns for the 2021 to 2022 tax year rapidly approaching, HM…
11 October, 2022
When running a business, ensuring you get VAT right is vital. So, how can you make things easier?
7 October, 2022
Environmental, Social and Governance (ESG) is a set of regulations designed to assess a business’ influence on society, the environment,…
5 October, 2022
As the UK labour shortage continues, it has been reported that Prime Minister Liz Truss is to launch a review…
4 October, 2022
Acting as a silver lining amidst a storm of uncertainty, the crashing pound is likely to attract more US visitors…
30 September, 2022
An £884 million loan scheme for new businesses is to be expanded, it has been revealed.
29 September, 2022
During last week’s mini-Budget, The Chancellor, Kwasi Kwarteng made extensive changes to taxation.
27 September, 2022
Chancellor Kwasi Kwarteng’s mini-Budget has scrapped a planned rise in Corporation Tax as part of a wide-ranging raft of tax-cutting…
22 September, 2022
A recent legal case has concluded that private limited companies operating under Model Articles must have at least two directors.
21 September, 2022
The Government has outlined a new Energy Bill Relief Scheme to support households, businesses and public sector organisations tackling soaring…
20 September, 2022
A ‘fiscal event’ is to be delivered on Friday, setting out what help is to be made available to get…
15 September, 2022
Late payments are costing small businesses £684 million per year, in addition to rising inflation, data has revealed.
14 September, 2022
Several cities, including those in the UK and the EU, are considering introducing a tax on visitors.
13 September, 2022
Many UK businesses are having problems with recruitment as the number of job vacancies has soared over the last 12…
8 September, 2022
With the ongoing cost of living crisis, people are continually looking for ways to save money. Whilst buying discounted food,…
6 September, 2022
The off-payroll guidance for clients, contractors, and their intermediaries is set to be reviewed by HM Revenue & Customs (HMRC).
2 September, 2022
The current cost of living crisis in the UK has already seen the economy decline, with customers saving money and consuming…