NEWS
Keep up-to-date with the latest business news and reports.
Understanding your balance sheet
Be honest, how closely do you look at your balance sheet when your accountant produces a report for you? Do you glance at it, check you’re in profit and then carry on with what you were doing, assuming that if there was anything really worrying...
Understanding Inheritance Tax
If, as Benjamin Franklin said, ‘Nothing is certain except death and taxes’. Then it’s important to have an understanding of the latter and how the former (or more specifically, inheritance) can affect you financially. What is Inheritance...
6 top tips to make your bookkeeping easy
When you’re running a small business, bookkeeping may be the last thing you want to think about. But the reality is that it needs to be a high priority! Keeping accurate books is vital for accurate financial reporting and is critical should you...
Why Pay Pension Contributions?
Personal Pension Contribution When it comes to personal pension contributions, there are a lot of benefits to be had. Not only do you get the peace of mind that comes with knowing you're doing something to secure your future, but you can also enjoy...
Business resilience in these tough times
Business resilience in these tough times Millions of households are facing a rise in energy costs, alongside increases in the cost of council tax, water bills and other utilities and there is a warning of fresh energy bill price rises in...
Tax, salary and wage information for the new Tax year
As it does every year, the start of the 2022-23 tax year on 6th April brings with it some changes to tax rates and allowances. It’s really important to understand how this might affect you, so we’ve put together a brief guide to help explain...
What is the Construction Industry Scheme?
What is the Construction Industry Scheme and how does it work? The Construction Industry Scheme (CIS) is a tax deduction scheme involving the deduction of tax at source from payments relating to construction work (not including materials) from...
Preparing for the new tax year: what you need to know.
April 6th 2022 marks the beginning of the 2022/2023 tax year and, as always, it comes with financial changes you need to be aware of. As we head into an unprecedented period of economic uncertainty it’s essential to understand how these changes may...
7 Truths about running florist business and how an accountant can help you
Spring is on the way! Along with the longer days we’re really enjoying seeing spring flowers starting to bloom. If the brighter weather and budding flowers are evoking the idea of fresh starts for you, you might find yourself day-dreaming about...
Rent-a-Room relief
Rent-a-Room relief: how it works Letting out part of the property which is your only or main home is a great way to boost your income, but you have to be aware of the tax implications that come with being a resident landlord. Rights and...
Understanding your balance sheet
Be honest, how closely do you look at your balance sheet when your accountant produces a report for you? Do you glance at it, check you’re in profit and then carry on with what you were doing, assuming that if there was anything really worrying going on that someone...
Understanding Inheritance Tax
If, as Benjamin Franklin said, ‘Nothing is certain except death and taxes’. Then it’s important to have an understanding of the latter and how the former (or more specifically, inheritance) can affect you financially. What is Inheritance Tax? Inheritance Tax...
6 top tips to make your bookkeeping easy
When you’re running a small business, bookkeeping may be the last thing you want to think about. But the reality is that it needs to be a high priority! Keeping accurate books is vital for accurate financial reporting and is critical should you face an audit. As your...
Why Pay Pension Contributions?
Personal Pension Contribution When it comes to personal pension contributions, there are a lot of benefits to be had. Not only do you get the peace of mind that comes with knowing you're doing something to secure your future, but you can also enjoy significant tax...
Business resilience in these tough times
Business resilience in these tough times Millions of households are facing a rise in energy costs, alongside increases in the cost of council tax, water bills and other utilities and there is a warning of fresh energy bill price rises in October. Energy...
Tax, salary and wage information for the new Tax year
As it does every year, the start of the 2022-23 tax year on 6th April brings with it some changes to tax rates and allowances. It’s really important to understand how this might affect you, so we’ve put together a brief guide to help explain how it all works....
What is the Construction Industry Scheme?
What is the Construction Industry Scheme and how does it work? The Construction Industry Scheme (CIS) is a tax deduction scheme involving the deduction of tax at source from payments relating to construction work (not including materials) from contractors to...
Preparing for the new tax year: what you need to know.
April 6th 2022 marks the beginning of the 2022/2023 tax year and, as always, it comes with financial changes you need to be aware of. As we head into an unprecedented period of economic uncertainty it’s essential to understand how these changes may impact you and your...
7 Truths about running florist business and how an accountant can help you
Spring is on the way! Along with the longer days we’re really enjoying seeing spring flowers starting to bloom. If the brighter weather and budding flowers are evoking the idea of fresh starts for you, you might find yourself day-dreaming about calling time on the...
Rent-a-Room relief
Rent-a-Room relief: how it works Letting out part of the property which is your only or main home is a great way to boost your income, but you have to be aware of the tax implications that come with being a resident landlord. Rights and responsibilities include: -...