When managing a business, you may be tempted to cut costs by taking care of the finances yourself. We’re here to tell you that you could be making a big mistake. Even if you’re a pro with numbers, getting some outside help could do wonders for your start-up. Read on for 3 ways an accountant […]

It has been difficult staying up to date with the latest affairs in relation to furlough, as it seems as though the goalposts are changing on a regular basis. However, the latest business news relating to the Coronavirus Job Retention Scheme is that it’s to end in September 2021. Before this happens, a raft of […]

Many small business owners find doing their payroll is one of the dullest and most tedious tasks. Yet it’s also one of the most critical. The reason? Delaying your business payroll can reduce your employee morale and could hamper even the most successful businesses by tying up company resources if something goes wrong. So, what […]

The COVID-19 pandemic has proved to be a tough time for many self-employed tradespeople, but luckily the UK Government has stepped in to provide some help. The Self-Employment Income Support Scheme, also known as SEISS, has been providing self-employed people with financial help throughout the pandemic. It is currently in its fourth incarnation and Rishi […]

It’s April, which means it’s time to welcome in a new tax year. For most small and medium businesses across the UK, the 2020/21 tax year has been a tough one, but hopefully, 2021/22 will offer an improving landscape. At the beginning of the tax year, it’s important to be aware of incoming changes which […]

The government has announced a new £1.5bn fund will be made available for businesses outside of the retail, hospitality and leisure sectors following a deluge of appeals for support during the coronavirus pandemic. The new fund is designed to help firms with the taxes they pay on the value of the premises their business occupies. […]

It pretty much goes without saying that 2020 was an incredibly difficult year for SMEs, regardless of the sector or industry. Working operations had to adapt to unprecedented circumstances, doors had to be closed, and financial reserves had to be eaten into simply to allow some businesses to remain afloat. Millions of small businesses up […]

A report just published has shown there were record levels of small- and medium-sized enterprises applying for funding during the period 2020/2021, due to the Covid-19 pandemic. The British Business Bank’s Small Business Finance Markets report shows that 89% of all businesses applied for credit in 2020 with 45% of SMEs asking for funding compared […]

The role of the accountant has altered and evolved over the last few decades. It was once the case that an accountant was dedicated solely to sorting out all things tax-related, and while they are still very much adept at performing that role, there is far more to accountancy than simply balancing the books. For […]

The tax deadline has just passed, and if you haven’t paid your taxes already due to losing income in the past year because of covid, there are things that you can do. If you are paying self-assessment tax, you have until the 2nd or March to arrange a payment plan and avoid any penalties. What […]