Brexit’s next chapter: EU announces new Green Tax and VAT rules
3 Nov 2023
The recent survey by the British Chambers of Commerce (BCC) reveals a concerning lack of preparedness among UK small and medium-sized enterprises (SMEs) for ongoing EU regulations and tax changes. A staggering 80 per cent of SMEs surveyed are unaware
Watt’s up with HMRC? Understanding the new electric car charging rules
3 Nov 2023
The recent update to HM Revenue & Customs’ (HMRC) Employment Income Manual is a significant development for businesses and employees utilising company cars, particularly electric vehicles (EVs). The revised guidance now aligns with existing legislation, specifically, Section 239 of the
How to deal with the rising impact of Inheritance Tax on family homes
3 Nov 2023
Inheritance tax (IHT) can be a sore subject for some taxpayers, especially when it comes to passing on the family home to the next generation. Often referred to as a “death tax” it cannot be ignored if you intend to
Exiting the slow lane – Sustaining growth in uncertain times
3 Nov 2023
Recent years have held a lot of uncertainty for small and medium-sized enterprises (SMEs) and independent businesses. While there are signs of recovery, SMEs have seen slow growth in recent months. However, with employment increasing at a faster pace than
Funded and thriving: Understanding financing
3 Nov 2023
Financial initiatives to support business growth are continually being announced by the Government, local authorities, individuals and private-sector companies. Funding from private companies often aims to nurture specific industries, particularly high-growth sectors like technology, sustainable manufacturing and healthcare. They might
Your quick guide to paying tax on your pensions
3 Nov 2023
Making sure you’re paying the right amount of tax can be taxing! If you receive a State Pension or other type of pension, then you may still need to pay tax on it. Without the pay-as-you-earn (PAYE) structure of the
Is unconscious bias impacting your business decisions?
2 Nov 2023
When it comes to business decisions, taking an objective view is essential. But distinguishing your thoughts from the facts is easier said than done.
BOO-st your tax planning this Halloween
31 Oct 2023
When it comes to tax planning, timing is everything.
How can you leverage automation in your accounting process?
26 Oct 2023
Most businesses are already using cloud accounting software to manage their finances. However, not all of them are taking full advantage of automated processes to streamline their accounting process.
Why you should use double-entry bookkeeping in your business finances
24 Oct 2023
The term “double-entry bookkeeping” is often mentioned as a cornerstone for managing a business’s finances.
