Business advice

What do your employees actually want? Do you know?

Attracting and retaining top talent remains one of the biggest challenges for small business owners. The competition for skilled employees is fierce, and with workplace expectations continually evolving, understanding what your team truly wants is more important than ever. If you know what your employees want, you can create an environment that retains talent and

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Pension savings in 2025/26

Putting money into a registered pension scheme can be tax-efficient. Individuals can make contributions in their own right, or even for someone else, and employers can make contributions on their employees’ behalf (and indeed must do so under auto-enrolment). Tax relief is available on contributions up to certain limits.  Auto-enrolment Under auto-enrolment, employers must enrol

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Recurring mistakes in your team? Here’s what to do (in 5 steps!)

Mistakes within a team can be frustrating and costly, particularly for business owners who are trying to grow. Sure, occasional errors are inevitable and will happen over time. However, recurring mistakes may signal deeper ones that need addressing – ones that could lead to inefficiencies, financial losses, and even damage to your business’s reputation. So,

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6 essential bookkeeping tools every business owner should know about

Let’s be honest, bookkeeping is rarely the highlight of a business owner’s day. But the good news? It’s come a long way. Thanks to cloud-based tools, managing your finances doesn’t have to be a time-consuming headache. The right tools can make bookkeeping quicker, easier, and more efficient. If you’re still buried in paper receipts or

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Why great bookkeeping matters for your business

What is “great” bookkeeping, and why should you care as a business owner? When accountants and bookkeepers talk about ‘great bookkeeping’, it’s easy to zone out, especially since bookkeeping feels like a chore for many business owners. However, this mindset could be holding your business back!  Bookkeeping isn’t just about putting numbers into a software

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Overdrawn director’s loan account – must your company pay tax on the balance? 

In personal and family companies, the lines between the company’s finances and the director’s finances may become blurred. A director may withdraw money from the company for personal use or may lend money to the company. The company may pay some of the director’s personal bills, and the director may personally meet some company expenses.

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