Business accounting

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Rural businesses “more likely” to use personal finance than urban counterparts, study reveals

Oct 21, 2021

More than four in 10 businesses in the UK now use external finance to support growth and investment plans, a major study has revealed. But finance options for rural business owners are still limited, resulting in slower growth compared to urban ...

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Internet,Scam.,Fraud,Danger,Online.,Man,Holding,An,Empty,Wallet

Scams: the heavy financial and health burden

Oct 20, 2021

According to recent research, the total amount of money it costs a fraudster’s victim to get help with their wellbeing after being scammed is £9.3 billion a year.  This unwanted financial burden is equivalent to £2,509 per annum for each victim. ...

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Parsons,Hand,Balancing,Growing,House,Models,On,Wooden,Seesaw

Small developers invited to apply for up to £10 million in equity funding

Sep 24, 2021

Small and medium-sized developers have been invited to apply for up to £10 million in equity funding to build new homes. The new fund, known as the Housing Growth Partnership (HGP), aims to support the development of 10,000 new properties by ...

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Accounting (3)

What are year-end accounts and how can I prepare for them?

Sep 17, 2021

If you’re new to business, year-end accounts may seem like a daunting prospect. But with the right preparation, advice and approach, you will have nothing to worry about. In this blog, we’re going to look at what year-end accounts are when ...

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Business (4)

Businesses urged to “get to grips” with new Patent Box regime as grandfathering rules come to an end

Aug 12, 2021

Businesses should “get to grips” with new Patent Box rules or risk missing out on corporate tax relief, a major regulator has warned. The new guidance, published by the Institute of Chartered Accountants in England and Wales (ICAEW), comes after grandfathering ...

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Accounts

Cash basis versus accruals basis

May 25, 2021

If you manage a business and record its expenses and revenue, you need to find a recording system that suits you. While cash basis accounting has its benefits, accrual accounting can be a more powerful tool for operating your business. ...

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Automation,Software,Technology,Process,System,Business,Concept.

Claim up to 50 per cent off business software under new Help to Grow scheme

May 21, 2021

Small and medium-sized firms could get a discount of up to 50 per cent on the costs of business software under the new Help to Grow scheme, it has been revealed. The news comes after applications to register interest in the ...

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Online sales tax proposal for Autumn Budget

Feb 09, 2021

The UK Treasury is considering online sales tax for retailers such as Amazon, Asos and Ocado, after a drastic increase in online shopping and the current “uneven system”, has caused many in-store retailers to be at a disadvantage. Supermarkets, including Asda, ...

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Place,Where,Ideas,Born.,Top,View,Of,Four,Young,People

Kickstart Scheme: the changes from 3 February 2021

Feb 02, 2021

According to a report by the Department for Work and Pensions (DWP), the Kickstart Scheme has supported over 120,000 young people find employment, since its launch in September 2020. The Government created the scheme to help 16-to-24-year-olds find work by providing ...

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Voluntary and compulsory strike off processes paused in response to national lockdown

Jan 29, 2021

Companies House will pause both the voluntary and compulsory strike off processes for one month to support businesses affected by Covid-19, it has been announced. The extended measure comes in response to delays to the system caused ...

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