HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key area of tax evasion – online traders. Continue reading
Category Archives: SME
Everything you should know before becoming a sole trader
Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.
Understanding loss carry-back claims
In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.
Paper VAT registration to be abolished in latest digital move
In the latest move in their Making Tax Digital (MTD) campaign, HM Revenue & Customs (HMRC) is removing paper VAT registration from 13 November 2023. Continue reading
How management accounts can help your business
Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they work?
How the National Living Wage increase could affect businesses
At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11 an hour for those over the age of 23, starting from April 2024.
Tax reliefs business owners can claim amidst record Corporation Tax payments
HM Revenue and Customs (HMRC) recently reported a record-breaking increase in Corporation Tax receipts for the 2022/23 tax year.
Five strategies for leveraging financial forecasting
In the dynamic world of business, financial foresight is not just a luxury; it’s an essential ingredient for success.
Crafting success: Selecting the right business framework
In order for your business to be both financially secure and successful, you need to ensure you choose the right business framework.
The role of cloud accounting in modern businesses
In today’s digital age, the way businesses manage their finances has seen a seismic shift, largely due to the introduction and growing popularity of cloud accounting.