A recent meeting with G7 leaders resulted in 100 million barrels of diesel and oil to be shared from reserves, following threats of oil embargoes and further price rises. The price of diesel continues to hit historic highs in the UK, ...
READ MOREHMRC is currently sending out letters to people conducting consultancy work in the medical sector in an effort to close part of the tax gap. Receiving a letter does not necessarily mean that you have done anything wrong, but knowing how ...
READ MOREBookkeeping is often the least favourite task for business owners, but it remains essential. Bookkeeping, more often than not, can feel time consuming and menial. It generates no direct revenue despite the significant effort invested, but it is important to ensure ...
READ MOREFollowing the brutal summer of blazing heat and droughts, the weather has shifted as colder air sweeps through the country. While winter is the time when illness rates peak, a new school year often brings with it a fresh batch of ...
READ MOREAs the winter months approach and the nights begin to roll in, many businesses start to plan and book their annual Christmas bash. What is often the most anticipated gathering of the year can also be the most expensive, so a ...
READ MOREAccounting support from social media and AI might seem helpful at a time when people are looking to bring down costs, as it is effectively free. However, there is a hidden cost to not seeking professional advice that is felt by ...
READ MORECash tied up in unpaid invoices, with upcoming payroll and other business costs pending, can be frustrating and destabilising for many SMEs. With 41.8 per cent of SMEs experiencing late payments, according to an OECD 2024 report, credit facilities can help ...
READ MOREEmployment costs typically make up one of the biggest expenditures a business can face, meaning that cuts there feel inevitable for most owners when times get tough. However, the younger generations are already predisposed to job hopping and changes to the ...
READ MOREDoing payroll can be quite a tricky process for employers. With so many factors going into the process, it can be easy to make an error. It is important that employers understand that every payroll error affects a person. A late ...
READ MOREEvolving compliance requirements mean the goalposts for payroll compliance are regularly moving and the risk of financial penalties is increasing. With HMRC marching towards automation, digital enforcement and stricter reporting guidelines, even well-meaning employers might find themselves breaking the rules. Understanding these ...
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