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Stay updated on all things business, tax and accounting solutions that suit your company.

NEWS.

NEWS

  • Profit First Success for Small Businesses Profit First Success for Small Businesses

    I have been singing the virtues of the Profit First ethos for a while now and it appears that more businesses are seeing the potential benefits of implementing such a system to manage their cashflow and ultimately to grow the profits.

  • Xero Add-Ons That Will Have a Huge Impact on Your Business Xero Add-Ons That Will Have a Huge Impact on Your Business

    Running or managing a business is hard at the best of times, throw in COVID-19 and the task gets monumental! Responsibilities of business owners have got that much harder. For business owners, managing resources available effectively is the key.

  • How Will Amazon Prime Air Shape The Future of Shopping? How Will Amazon Prime Air Shape The Future of Shopping?

    For a number of years, we have all become accustomed to using Amazon Prime and having the ability to order something with the expectation of next day delivery. In essence consumers are now impatient and won’t settle for anything less.

  • HMRC Receives Airbnb Letting Data HMRC Receives Airbnb Letting Data

    It’s important for Landlords to realise that HMRC will know about their lettings through Airbnb, so full disclosure of all their taxable property income is essential, including for all prior years.

  • How to Ensure a Covid Friendly Construction Site How to Ensure a Covid Friendly Construction Site

    The construction industry, which was hard hit by the lockdown as the majority of sites had to shut their gates, has slowly started to return to some sort of normality over the last few months as sites start to reopen...

  • How Will Increasing Corporation Tax to 24% Affect Businesses Over the Next Year? How Will Increasing Corporation Tax to 24% Affect Businesses Over the Next Year?

    The question small business owners may well ask is how are they going to afford higher tax bills when many are already struggling to make ends meet as a result of substantially reduced income streams over a number of months since lockdown started.

  • Why Do We Need Coaches For Everything, Except Business? Why Do We Need Coaches For Everything, Except Business?

    We all know the importance of coaches in the professional sports world and even the importance for us budding golf players to improve our handicap. So why do we seem to think we don’t need it in the business world?

  • Issues to Consider if You Close Your Business Down... Issues to Consider if You Close Your Business Down...

    Following the announcement from the Chancellor yesterday to provide further support for businesses by extending the repayment terms of BBL and CBILS loans from 6 years to 10 years, many businesses are still going to struggle over the next 6 months...

  • This Is My First Time Buying an Investment Property – What Should I Be Doing? This Is My First Time Buying an Investment Property – What Should I Be Doing?

    I meet a great number of people who ask me this question – sometimes it is existing clients who are about to step into the market for the first time; other times it is people I am meeting for the first time.

  • Financial Planning Ideas That Every Business Owner Should Be Thinking About Financial Planning Ideas That Every Business Owner Should Be Thinking About

    For many owner managed businesses (OMB), things have been a real struggle through lockdown. But as things gradually open up and business improves, it’s important to make sure you are doing all you can to take advantage of what is available.

  • Are You Wearing Too Many Hats? Are You Wearing Too Many Hats?

    As business owners we are at times expected to wear many different hats. We do what is required for our clients'. I was always taught to get your "hand's dirty", no matter what the task is, if it needs doing, get it done.

  • Tax From The Trenches: Don’t Be Afraid to Challenge HMRC Tax From The Trenches: Don’t Be Afraid to Challenge HMRC

    Do not be intimidated by the letter or notice, and do not assume that because it has come from HMRC that it must be right. It also has to be said that occasionally some tax Inspectors simply choose to ignore the rules.

  • Thinking About Buying/Selling a Business? Thinking About Buying/Selling a Business?

    In the recent climate you would have predicted that buying and selling of businesses would take a back seat, however, there are a number of business owners that are capitalising on opportunities to expand by acquiring a business or selling their own.

  • Top Tax Tips For The Construction Sector Top Tax Tips For The Construction Sector

    We all know the world of tax is a minefield. The following tips have been prepared to help you be rest assured that your Construction business is running as tax efficiently as possible.

  • Tax Tips For The Property Sector Tax Tips For The Property Sector

    We all know the world of tax is a minefield, and businesses in any industry that don’t regularly review their finances run the risk of being either non-compliant or paying more tax than they need to.

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