Keeping your SME stable during economic uncertainty

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Keeping your SME stable during economic uncertainty

Jul 25, 2024

There have been a lot of political changes in recent months, but the outlook for small and medium-sized enterprises (SMEs) remains gloomy. According to recent research by Virgin StartUp, half of small business owners are worried their business might not survive ...

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Blog, SMEs

Why the National Wealth Fund is a game-changer for SMEs

Jul 15, 2024

The recent announcement by the new Labour Government to introduce a National Wealth Fund has sent ripples of excitement throughout the business community. With £7.3 billion in funding from the UK Infrastructure Bank, this initiative promises to be a significant boon ...

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SMEs, Tax

Potential tax increases and their impact on businesses

Jul 10, 2024

In recent reports, former Prime Minister Sir Tony Blair has forecasted potential tax increases that could have an impact on businesses across the UK. The Tony Blair Institute's chief economist predicts taxes may need to rise by 1.9 percentage points of ...

Will Labour’s agenda in the King’s Speech signal major tax changes for businesses in 2025?

Jul 09, 2024

Will Labour's agenda in the King's Speech signal major tax changes for businesses in 2025? As the opening of Parliament approaches on 17 July, businesses across the country are bracing for the King's Speech, which is expected to outline the Labour ...

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Blog, Business, SMEs

Support your team on and off the clock with childcare reforms

Jun 20, 2024

As an employer, it’s crucial to support your team not only during working hours but also in their personal lives. Recognising and promoting benefits that improve their daily lives, like easing the financial burden of childcare, is essential for keeping employees ...

Thinking of investing in electric cars for your business? – Here’s what you need to know

Jun 19, 2024

The number of electric cars on our roads is rising rapidly. In 2023 alone, the number of new electric vehicles rose by 18 per cent and there are now some, 1.1 million fully electric cars on UK roads, according to ...

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Blog, Business, SMEs

Getting ready for your financial audit

Jun 06, 2024

Facing your first financial audit can be intimidating, yet it is an essential task for many businesses. Why are you being audited? Understanding the purpose behind your audit is the first step. Audits generally occur for three primary reasons: You are legally ...

Blog, Business, Finance, SMEs

Managing staff costs: Statutory payments and compliance

Jun 04, 2024

Staff 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 ...

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Blog, Business, Self-assessment, SMEs

What should you avoid when transitioning to Making Tax Digital for Income Tax Self-Assessment?

May 30, 2024

From April 2026, the Government’s Making Tax Digital (MTD) initiative will move to target self-employed individuals and landlords. If you earn over £50,000 a year, you must adopt MTD-compliant software to maintain digital records and provide Income Tax updates. This will ...

Blog, Budget, Business, Business Advice, Finance, SMEs, Top tips

Ten top tips for boosting your budget

May 24, 2024

Effectively 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 ...

SMEs