Just the thought of an HMRC investigation can send shivers down the spine of any business owner, but fear not! We’ve got precautions and strategies to share with you that can significantly reduce the likelihood of finding yourself under HMRC’s microscope. They will also help guide you through an investigation smoothly. What is an investigation […]
How to protect your business from an HMRC investigation Read More »
In the vibrant early days of your business, managing finances in-house feels like a badge of honour. It’s intimate, direct, and appears to cut costs. Plus, you feel in control as you see the money going in and out of your bank accounts. Yet, as your business scales, this once straightforward task morphs into an
Reasons it’s time to outsource your finance department Read More »
When running a business, keeping on top of things like tax submissions and regulatory changes isn’t just smart; it’s crucial. So, since it’s the end of the financial year, and we’re accountants, we thought we’d help you out with this. To help you prepare for the financial year of 2024, here are the key financial
Financial year 2024 – important dates to remember for the coming year! Read More »
As the end of the tax year approaches, it is prudent to review your pension contributions for the year and consider whether it is worth making further contributions before 6 April 2024. Remember, any annual allowances brought forward from 2020/21 will be lost if not used by this date. The amount of tax-relieved contributions that
Making pension contributions before 6 April 2024 Read More »
Diving into self-employment and starting your own business is by no means an easy feat. With that being said, however, it does come with many benefits! If, like many aspiring business owners, you are motivated by being your own boss but are being held back by the “where do I start?” fears, this mini-guide is
Starting a New Business? Here Are 5 Crucial Areas You Can’t Afford to Overlook Read More »
The days are getting longer…your end-of-year taxes have been filed (we hope). Now, all that is left to do is to dust off the cobwebs on your finances, so you can spring forward with confidence. While we may be using the spring cleaning metaphor as a bit of fun, the message here is the same:
Spring clean your finances: 5 tips to dust off the cobwebs Read More »
It’s safe to say that business owners are facing a unique set of challenges in today’s day and age. From the impact of inflation on business operations to the talent shortage and the rapid pace of technological change, the business landscape is more demanding than ever. The good news is, however, that as accountants, we
5 Common Concerns for Business Owners Right Now (and how financial advice can help) Read More »
The impact on you and your staffYou will need to ensure that all staff members are paid the increased minimum wage for their age group by this date. How much is the increase?See below for details of the updated Minimum Wages to take effect from 1 April 2024. Apply 23 and over 21 to 22
The National Minimum Wage will increase from 1 April 2024. Read More »
Attracting and retaining talent has become more challenging than ever for business owners, thanks to the ‘Great Resignation’ that has swept across the UK since the Coronavirus. As a result, this seismic shift in the job market has left many suffering with a significant talent crunch – so how can we combat this? If you,
How to Recruit and Retain Top Talent in Challenging Times: A Mini Guide Read More »
What do you really want from the New Year? As the calendar turns to 2024, we are all contemplating our goals and aspirations for the year. However, while most of us will identify the things we want – such as financial stability, business growth, or personal fulfilment – not many of us take the time
What Do You Want From 2024? 5 Tips to Being More Intentional Read More »