Why now is the best time to look at outsourcing or switching payroll providers
As the new tax year approaches (6th April), many businesses are re-evaluating their payroll processes. Whether you’re handling payroll in-house or working with a provider that isn’t meeting your needs, now is the perfect time to switch. Here’s why: 1. Ensure Compliance with New Payroll Legislation Each new tax year brings updates to payroll regulations, […]
Ghosting is not just a dating phenomenon
The term ghosting is widely known or referred to in the world of dating, when a person suddenly or unexpectedly experiences an end to all contact or interaction with a person – a date or partner. Any attempts to gain a response or engage in communication is fruitless. However, the world of dating is […]
Stock counting is crucial for food and drink businesses
If you’re running a small F&B (food and beverage) business, you already know how demanding it can be! Between managing staff, keeping customers happy and juggling suppliers, there’s hardly time to breathe, let alone count stock. But if you want to understand your business’s financial health and take control of your margins, regular stock counting […]
Be cautious of fraud when reclaiming s455 tax online
With the ability to reclaim s455 tax online, businesses now enjoy a faster and more efficient process. However, this convenience comes with an increased risk of fraud, as scammers may target this new system. What is s455 Tax?Section 455 tax applies to certain loans made by close companies to their shareholders or directors. When the […]
Top 5 financial tips for elevating your hospitality business
In the highly competitive hospitality industry, financial management is critical to the success and longevity of your business. Whether you’re operating a hotel, restaurant, or event venue, sound financial practices can help you navigate challenges, optimise profits, and ensure sustainable growth. Here are our top five finance-focused tips to help your hospitality business thrive: 1. […]
Now you are 50 and perhaps a little bit more…
It might be said that being in your 50s is now like being in your 40s and the 50s are the new 40s. However, when it comes to the work people do, and the jobs they have, there can be significant changes and challenges. Perhaps the most obvious change is getting older and the challenges […]
Key highlights from HMRC’s Annual Accounts and Charter Reports on R&D Tax Credits
Earlier this month, HMRC graced us with not one, but two reports: their Annual Accounts and the Charter Report. These documents provide an overview of HMRC’s performance, commitments, and key insights into the ongoings at HMRC. This year’s documents feature quite a bit about R&D! Here are a few highlights: Cost of the relief: HMRC […]
Those trying to help us also need our help – challenging times for charities and not for profit organisations
The last few years have been challenging for many businesses and individuals alike, few though might appreciate the real upheaval and even struggle faced by charities and not for profit organisations. The issues they face are often around declining income, increased costs and in many cases increased demands for the work they do, especially for […]