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As the new year rolls in, it’s time to focus on strategic planning, a cornerstone for driving business growth. It’s about creating a clear, actionable roadmap for success. This article will explore the essentials of effective business planning, shaping your journey towards a prosperous year. 1. Set Realistic and Achievable Goals First up in our […]

Puzzling over whether that quick lunch or client dinner can be claimed on your tax return? If so, you´re not alone. This is something that a lot of business owners struggle with. Why? Because the rules around food and drink expenses are anything but straightforward.  While it can be complicated, it is still essential to

As the year’s end approaches, it’s crunch time for business owners to reassess and strategise. This essential checklist guides you through vital areas, from finances to future planning, ensuring your business begins the New Year in the best position possible. 1. Assess your finances As the year comes to a close, all businesses need to

Changes to National Insurance Contributions: The government is cutting taxes for over 29 million working people. Note that this tax cut wouldn’t stop more people from going into higher rate tax bands as wages rise. But these will help employees and self-employed people have a little more money in their pockets. The changes they are

Small companies will have to file a profit and loss account with Companies House following the passing of the Economic Crime and Corporate Transparency Act last week. Tighter rules for small companies were approved last week. This means that small companies and micro-entities will have to file a profit and loss account and directors report

Many businesses dread getting that brown envelope with “HMRC” written on it. It seems to immediately evoke a sense of apprehension before it´s even opened! However, while it can be nerve-wracking, there’s no need to panic. Not if you´ve done everything you can to avoid a tax investigation anyway. Understanding the ins and outs of

The Top Benefits of Outsourcing Your Finance Director Managing finances is absolutely crucial, and without proper financial management, even the most promising ventures can find themselves in a right pickle. Would you consider outsourcing to a finance director to help gain control of your business’s finances?  It’s a concept that’s gaining traction, and for good

There are 78 days to go until the deadline to file your 2023 self-assessment tax return. Don’t wait until the last minute to file your return! There are plenty of reasons to get it done and dusted well in advance including: If you need any assistance with your tax return please get in touch sooner

Every tax season, business owners grapple with the complexities of filing their taxes. The process can be daunting, but with proactive planning and the right strategies, it’s possible to streamline the experience, maximise savings, and reduce stress. In this article, we’ll explore practical advice and actionable strategies that will empower you to transform your tax

Ever found yourself lying awake at night, wondering how to keep more of your hard-earned revenue amidst rising operational costs and unpredictable market shifts? If so, you’re not alone. The financial maze of tax deductions and credits can be a beacon of hope in such times. But how can you effectively use this to help