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What you need to know about the High-Income Child Benefit charge and the upcoming changes - August 2023

The High-Income Child Benefit Charge (HICBC) is a tax that affects households where at least one person with parental responsibility …

Why companies fail to pay the National Minimum Wage and how to avoid the same mistakes - August 2023

The Government recently named over 200 companies for failing to pay the national minimum wage (NMW). The list includes firms …

HMRC sets its sights on SMEs over UK tax gap - July 2023

The tax gap in the UK – the difference between the amount of tax owed and the amount that has …

The hidden economy: What income should you declare? - July 2023

The number of individuals participating in the UK’s ‘hidden economy’ is increasing according to recent research. A surge in additional …

Management accounts: The importance of having a clear view of your business during uncertain times - July 2023

In times of economic uncertainty, businesses should have a clear plan to ensure that they can navigate any potential financial …

Time to exit: New research shows many business owners are planning ahead - July 2023

New research from wealth management firm Evelyn Partners has revealed that the majority of business owners with companies that earn …

Are banks supportive of SMEs and willing to assist their growth? - July 2023

Small and medium-sized businesses (SMEs) have struggled to access finance from banks for a while, with many having to turn …

Inflation and increased interest rates – What does it mean for businesses? - July 2023

Office for National Statistics (ONS) data revealed that the Consumer Price Index (CPI) – the official measure of inflation – …