CWR Blog

Just when it seemed businesses could return to their ‘normal’ operations, the UK entered another national lockdown. If your business struggled to survive the last lockdown or you did not achieve the growth targets you wanted to due to lockdown, business planning will be the key to your business not only surviving but thriving during […]

Workers across the United Kingdom will benefit from increased support with a five-month extension of the furlough scheme into Spring 2021. The furlough scheme will now be extended until the end of March with employees receiving 80% of their current salary for hours not worked. Employers of any size are eligible for the furlough scheme. […]

Business accounting can be one of the more complicated parts of running your own business. From tax rate changes to keeping track of import and export tariffs for international businesses, it can be almost impossible to get everything right. Here are just a few of the risks of running your company’s finances without using an […]

With the UK facing more and more lockdown restrictions, it is a tricky time for businesses. The new tier system has made things all the more confusing, with different areas facing different rules and restrictions. If you find your local area being plunged into Tier-3, it can leave you wondering just where you stand. Tier-3 […]

The furlough scheme, which was announced back in March, will end on the 31st of October. Although it is not being extended, it is being replaced by the Job Support Scheme. How does it work? The Job Support Scheme will be available if your business is allowed to open but your employees are returning part-time. […]

Bookkeeping is nobody’s favourite task, but unfortunately, it’s one that can’t be avoided. If you’re a small business, you’ll most likely update your own books, so we’ve put together some tips to make the process easier: Always separate personal and business finances We find that many small business owners make the mistake of confusing their […]

If you own a business of any size, it is inevitable that you will have to pay certain kinds of tax. For new businesses and start-ups, working out which taxes apply to you can be daunting and confusing. Not paying the correct tax or missing deadlines can have very negative consequences to your business. To […]

Many start-ups or small business owners face an important question when it comes to their business finances: should I hire an accountant? Some business owners assume that they can manage their finances on their own and don’t need external help. However, accounting can be a long and complicated process and if done poorly, can impact […]

Thinking about taking on an employee is an exciting step for your business. It signals business growth, and that your business is in the process of developing as you want it to. Payroll can be a difficult process, however, if you insist on handling it yourself. Even one employee’s payroll can be time-consuming and complicated […]

As a new business, it can be difficult to negotiate your tax obligations. Starting your business has been a complex enough process, but now on top of handling your cash flow you need to provide self assessment tax returns. This can seem like an impossible challenge, and one you simply don’t have time for – […]