Working remotely – What are the tax implications?
Working remotely has increased since the Covid pandemic, with 12.7 per cent of employees now working full-time from home in 2023.
Going green – The financial benefits of investing in a cleaner future
As a small business owner, embracing environmentally friendly practices not only supports a sustainable planet but can also unlock significant financial benefits for your business. It is important to explore the tax reliefs and allowances available to your business when
Scaling up – How you can grow your business in 2024
In 2024, small and medium-sized enterprises (SMEs) will face a brand-new set of challenges and opportunities. As the economy continues to react to the events of the last few years, one thing remains important – high-quality business advice. Below, we
10 steps to prevent insolvency
Despite many owners’ fears, insolvency is avoidable through well-thought-out financial strategies and careful planning. There are several practical strategies for averting insolvency that you and your business should implement during times of strife and economic difficulty. Rethinking staffing strategies During
Can you afford to miss your Companies House deadline?
For limited companies registered and operating in the UK, one of the requirements that directors must meet is filing annual accounts with Companies House. Comprising a collection of different documents, filing with Companies House ensures that the publicly available information
HMRC sets its sights on unpaid crypto tax
As the crypto asset sector grows, with an annual growth rate predicted to reach around 12 per cent, taxpayers with digital assets need to remain tax compliant. Tax regulations and knowledge have struggled to keep pace with this investment type’s
Trivial benefits in kind: A quick guide for employers
Making employees feel valued is critical for their morale, engagement, and overall well-being. Often, it’s the smaller gestures that have the most significant impact on employees’ perceptions of their work environment and employers. What are trivial benefits in kind? The
High earners face bigger tax bills following Scottish Budget
The 2024 Scottish Budget has introduced notable changes to Income Tax, particularly impacting high earners.
HMRC reminds restaurants and takeaways of VAT obligations on hot food
HM Revenue & Customs (HMRC) has recently issued letters to restaurant and takeaway businesses across the country, emphasising the importance of correctly applying VAT on hot food.
Navigating the challenge of late payments
In the world of business, cash flow is king and, for small business owners, it is a lifeline that keeps their ventures afloat and enables growth. However, in recent times, late payments have been an issue that has been casting
