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December 13, 2023
Restructuring Options for struggling companies

While we all want to see our businesses thrive and grow, this is unfortunately not always the case. As a trusted adviser, accountants are often the first port of call for company directors facing the possibility of insolvency and we can often point them in the right direction.

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December 11, 2023
Reporting PAYE information in real time – Early Christmas Payments

Some employers pay their employees earlier than usual over the Christmas period. This can be for a number of reasons, for example, during the Christmas period the business may close, meaning workers need to be paid earlier than normal.

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December 8, 2023
IP and Business Growth survey

The Intellectual Property Office (IPO) is inviting businesses to share their views on how intellectual property (IP) helps them scale and grow.

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December 6, 2023
The Unified R&D Tax Credit Scheme

The UK government has announced reforms to its Research and Development (R&D) tax credit system. This transformation seeks to combine the Research and Development Expenditure Credit (RDEC) and the SME relief into a singular scheme, effective from accounting periods beginning on or after 1 April 2024.

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December 4, 2023
Changes to UK company law

The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023 and will introduce a number of changes over the next few years.

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November 30, 2023
Companies urged to file accounts early and online to avoid penalties

Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records up-to-date and making sure they’re filed on time.

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November 29, 2023
Self-Assessment payments via the HMRC app treble to £121 million

Almost 100,000 tax-payers have paid £121 million using the HM Revenue and Customs’ (HMRC) app since April 2023

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November 28, 2023
New programme helps British SMEs lead the way on net zero air travel

Cutting-edge British aerospace companies are set to benefit from a new multi-million pound SME Programme that will secure high-skilled jobs and help the UK lead the way on greener air travel.

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November 22, 2023
Inflation is down but managing your cash flow is essential right now!

UK inflation fell to 4.6% in October, due mainly to a fall in energy prices, but in general, supplier prices remain volatile. High interest rates and a stagnant economy mean managing your business’s cash and understanding the flow are now vital tools in maintaining resilience and being able to adopt flexible strategies for success.

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November 17, 2023
Expert regional innovation hubs given £75 million boost to local research, businesses, and economies across UK

Regional clusters of innovation across the UK are being backed by a share of £75 million that will enhance local economies and pioneer game-changing solutions from healthcare to net zero.

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November 15, 2023
Future-proofing the UK’s Artificial Intelligence (AI) skills base

The UK government is attempting to future-proof the AI skills base with funding to foster skills, including postgraduate research centres and scholarships.

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November 13, 2023
Growing your business? – Just keep going!

The Bank of England (BOE) recently held interest rates at 5.25% and warned that the restrictive policy will remain for an extended period, despite the bleak economic outlook. BOE forecasts suggest the UK will not get to the 2% inflation target until the end of 2025.

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November 10, 2023
New regulation to reform waste system

A new, simpler common-sense approach to recycling means people across England will be able to recycle the same materials, whether at home, work or school, putting an end to confusion over what can and can’t be recycled in different parts of the country.

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November 8, 2023
Tax-Free Childcare costs

HM Revenue and Customs (HMRC) is reminding working families to give their childcare budget a boost by opening a Tax-Free Childcare account.

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November 6, 2023
How much is my business really worth?

This is a question many business owners want answering. The truth is, it depends on a range of factors and any valuation is only useful as a guide for planning forward. The ultimate value of a business is the price a willing buyer is prepared to pay for it.

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