It has been estimated by the Small Business Commissioner that late payments are causing 14,000 businesses to close each year. That is equivalent to 38 businesses a day!
Category Archives: Accountancy
The FRS 102 changes are now in effect: What should businesses do now?
The revised version of FRS 102 has now come into effect for accounting periods starting on or after 1 January 2026 and it will affect how your business prepares accounts under UK GAAP.
Understanding loss carry-back claims
In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.
100 days until the Self-Assessment deadline: Are you ready?
We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.
Cloud-powered accounting: Advancing beyond traditional cloud accounting systems
In modern businesses, cloud accounting has now become the norm rather than the exception.
How you can improve your business performance
You are an established business and doing well, but you are still ambitious and looking to improve and expand.
A guide to National Insurance and State Pension eligibility
Introduced in 2016, the new State Pension is a payment based on your National Insurance record when you get to State Pension age.
Pay boost for millions as National Insurance threshold rises
Further changes to National Insurance Contributions (NIC) kick in from July this year and will be a welcome boost for most taxpayers who suffered an increase in April.