Blog
Commentary and insight
Our team of experts keeps a close eye on developments in tax law and financial regulation. Our blog is where they interpret the ever-changing statutory landscape in plain English, highlighting what’s important and offering practical advice on what businesses can do to avoid pitfalls or seize the opportunities presented.
Sourcing Business Finance – exploring your options as interest rises
Most businesses rely on funding in one form or another to keep their operations running, invest in new equipment or projects, and grow. The past few years in particular have made it necessary for many businesses to source extra funds, either for...
Research & Development – the tax benefit for innovative companies
The lowdown on this relief for innovation. Research and Development (R&D) tax credits were once a little known tax incentive for companies which invested in innovation. But after rule changes in recent years, and a push by many Tax Advisers,...
The Importance of Estate Planning – how to prepare and protect your Estate
We are all somewhat used to living with economic doom and gloom at present, from sky high inflation rates to tax rises being splashed across the news headlines. But recent analysis from the Office of Budget Responsibility shows that you may also...
Personal Tax Changes for 2022/23 – with effect from 6 April 2022
By the time you’re reading this, the new tax year has started. Some of the changes have been public knowledge for months now and some of the rises have been anxiously awaited as the country continues to face a cost of living squeeze. With these...
Cash flow management strategies – take control of your business finances
You don’t have to spend long running a business before you realise how important cash flow is: the balance between money coming into your company and the money going out on a weekly or monthly basis. Cash flow issues are one of the most common...
Spring Statement – Your Summary of the Key Points
The Chancellor, Rishi Sunak, delivered his Spring Statement on 23 March. Faced with the task of creating a ‘strong economy’ for the UK, against the challenging background of high inflation, rising costs and the threat of conflict in Europe, he...
Company Year End Preparations: time to get ready
As your company year end date gets closer, there are a number of administrative and financial tasks to start planning for – so it’s a good idea to get yourself organised and ready. There are several things to check, either on the year end date, or...
Choosing the Right Apps for Your Business
Want to create the perfect app stack for your business? Come and talk to us. We’ll help you navigate the Xero app store and create a perfectly connected and integrated Xero system. Software technology has evolved massively in the past decade, with...
Utilising Your Pension to Cut Inheritance Tax
Pensions usually fall outside of your Estate. Inheritance tax was thought to be ripe for reform in last year’s Autumn Budget but, as it happened, it was left untouched for another tax year. What that means is the £325,000 nil rate band has been in...
How to Value Your Business in 2022 – is it only worth what the buyer wants to pay?
The last year has been challenging for all of us, let alone business owners who’ve had to claim emergency support and battled hard to stay afloat. Having survived those choppy waters, maybe it’s time to get your business valued as thoughts drift...
Getting Ready for the Extension of Making Tax Digital
Keeping the UK’s tax system running effectively and up to date with advances in technology is no easy task. But the introduction of the Government’s ‘Making Tax Digital (MTD)’ initiative is intended to solve this problem, by moving most taxation...
How to Extract Profits Out of a Company
Tax efficient advice for limited company directors. Believe it or not, there are more than 4.7 million limited companies registered in the UK, including the 810,316 incorporations that signed up in 2020/21. Only around 2m are actively trading, but...
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