Recession is one of those words that tends to stop business owners in their tracks and right now, it is being mentioned more and more in the press and conversations with clients. It is easy to understand why the fear persists, ...
READ MOREFor many business owners, the conversation about growth funding often begins and ends with debt and equity, but many miss the benefits of grants. Both loans and outside investment have a legitimate place in a well-structured funding strategy, but grants can ...
READ MOREYou may have recently received correspondence from HM Revenue & Customs (HMRC) asking you to check if you need to pay the High Income Child Benefit Charge and to double-check the amount if you have already paid. If you or your ...
READ MOREStaff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what payments you have to make and how to plan for them. Many employers fail to consider statutory payments in addition to ...
READ MOREEffectively managing your budget is crucial for business success, especially in challenging economic times. Speaking with an accountant can significantly enhance this process by identifying further efficiencies and effectively managing cost savings. Here are our top ten tips for boosting your budget ...
READ MOREWhen your business takes on a new employee, we know that you’re eager to get them settled into their role – but not before you’ve completed the right checks and set them up in your payroll system! If you ask for ...
READ MOREThe Department for Science, Innovation and Technology (DSIT) has recently introduced a vital initiative targeted at small and medium-sized enterprises (SMEs) in the Professional Business Services sector. This scheme, the Flexible AI Upskilling Fund, commits £6.4 million to bridge the skills ...
READ MOREManagement Accounts consist of regularly updated reports for both internal managers and external stakeholders or investors. These reports deliver essential financial data that demonstrates your business’s operational effectiveness. While not compulsory, Management Accounts facilitate improved decision-making and enhanced monitoring of your progress ...
READ MOREIf you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported to HM Revenue & Customs (HMRC). This applies to benefits known as ‘benefits in kind’ (BIKs), ...
READ MOREMany believe that business plans are only necessary for start-ups and new enterprises. Maintaining an active business plan throughout the life of your business can ensure its continued success. Creating a business plan may seem daunting, but with clear priorities and guidance ...
READ MORE© Walker Begley 2024. All rights reserved. Regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Registered in England and Wales no. 5280582