Most businesses rely on funding in one form or another to keep their operations running. This finance also allows them to invest in new equipment or projects, and grow. The past few years in particular have made it necessary for many businesses to source extra funds. This could be due to dealing with the impacts[…]
It’s time for us to show our appreciation for one of our wonderful employees once again. The month of May has been and gone and we had a wide range of nominations this month. A credit to all of the varied work our staff undertake. This further emphasises that all members of staff give 100%[…]
Research and development (R&D) tax credits were once a little-known tax incentive for companies which invested in innovation. However, rules have changed in recent years, and many tax advisors have pushed them. Therefore, they are now much more widely understood and used. They may no longer be much of a secret, but they are still[…]
The Government has set up an arbitration system to help resolve outstanding commercial rent debt. This is following the general moratorium on commercial eviction ending. From 25 March, a legally binding arbitration process is available. This is in place for eligible landlords and tenants who have not yet reached an agreement. The Government hopes this[…]
All VAT-registered businesses must comply with Making Tax Digital (MTD) rules, regardless of how much they make each year. This will take place from 1 April 2022. The changes mean all VAT-registered businesses must compile and submit VAT returns using software that connects to HMRC’s systems. They can do that through a bridging tool or[…]
We are all somewhat used to living with economic doom and gloom at present. This includes sky-high inflation rates to tax rises being splashed across the news headlines. But recent analysis from the Office of Budget Responsibility shows that you may also get stung harder after you are gone without proper planning. They estimate that[…]
April has been and gone and as always our staff have been working hard and producing some excellent work. This hasn’t gone unnoticed and the team have been voting for their employee of the month once again. And our winner is…. Bradley Hartley! Firstly, throughout April, Bradley has sat alongside one of our new starters.[…]
The reality for most business owners is that you’ll be looking to invest smartly, rather than extravagantly. That’s where employee benefits come in. They allow you to stand out as an employer, without simply throwing money into ever-higher salaries. Like most business owners, you have probably experienced the squeeze in recruitment and retention that has[…]
You don’t have to spend long running a business before you realise how important cashflow is. Cashflow is the balance between money coming into your company and the money going out on a weekly or monthly basis. There’s not much in commerce more likely to give you sleepless nights than cashflow. As it’s hard to[…]
By the time you’re reading this, the new tax year has already started. But there are some Personal Tax changes kicking in from 6 April that you might need to know about. Some of the changes have been public knowledge for months now. Many of the rises have been anxiously awaited as the country continues[…]