Crafting success: Selecting the right business framework
In order for your business to be both financially secure and successful, you need to ensure you choose the right business framework.
Have your employees claimed their pensions? What business owners need to know
The issue of unclaimed pensions is a growing concern, with numerous individuals unaware of the pensions that are rightfully theirs. Recent data reveals that unclaimed pensions amount to a staggering £28,000 per person.
Business expenses you didn’t know you could write off
When you’re running a small business, every penny counts, including those you can save through legitimate tax deductions.
Cloud-powered accounting: Advancing beyond traditional cloud accounting systems
In modern businesses, cloud accounting has now become the norm rather than the exception.
Planning for Inheritance Tax challenges as penalties surge in 2022/23 tax year
While Inheritance Tax (IHT) is a topic that many find uncomfortable to discuss, it is an unavoidable aspect of estate planning.
How your accountant can assist with your small business VAT
As a small business owner, you juggle multiple responsibilities—from hiring staff and managing operations to developing business strategies.
How to save £2,000 in taxes on your childcare costs
A Government scheme could help parents save up to £2,000 on their childcare costs through tax reliefs aimed at working parents.
Best practices for business and personal finances
Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make.
Cash flow vs profits: a guide for small business owners
As a small business owner, you’ve likely heard the terms “cash flow” and “profits” used interchangeably. However, mixing these financial metrics up can cause severe consequences for your business.
Navigating estate planning and Inheritance Tax: what you need to know
HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to July 2023, making this a record high.