Embracing the future: AI and automation in cloud accounting

Mar 17, 2023

Artificial Intelligence (AI) is becoming increasingly advanced so, as a business owner, you need to get on board or you might get left behind. Cloud accounting has revolutionised how you manage your business’s finances in terms of collaboration, data accuracy, and ...

Blog, Business accounting, Business Advice, General news, SMEs, Tax, VAT

Fiscal Statement

Sep 23, 2022

With a new King at the Palace and a new Prime Minister at Number 10, it was no surprise that the new Chancellor at Number 11 used his first statement to the House of Commons to signal a ...

Blog, Business accounting, Personal accounting, SMEs

What do you need to know about the Energy Bill Relief Scheme?

Sep 21, 2022

The Government has outlined a new Energy Bill Relief Scheme to support households, businesses and public sector organisations tackling soaring energy bills. The figure is set to be capped at less than half the wholesale costs on previously predicted bills, offering ...

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Blog, Business accounting, Tax

Can my business pay for my garden office?

May 06, 2022

When it comes to purchasing and expensing a garden office, you may be wondering if your company can cover the costs. Whilst this is possible, there are the following caveats and issues to contend with that you should keep in mind. Capital ...

Blog, Business accounting, SMEs, Tax, VAT

Benefits of cloud accounting software far outweigh costs, study reveals

Feb 11, 2022

Cloud accounting software adopters are more likely to experience the benefits of Making Tax Digital (MTD) for VAT than those using only bridging software, a new study has revealed. The research, published by HM Revenue & Customs (HMRC), comes ahead of ...

Blog, Business accounting

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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Blog, Business accounting, Business Advice, HMRC, Personal accounting, SMEs

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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Blog, Business accounting, Business Advice, SMEs

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 ...

Blog, Business accounting, Business Advice, Tax

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 ...

Blog, Business accounting, Business Advice

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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