HMRC has clarified the Self Assessment reporting requirements for directors of close companies, and updated its guidance for directors of charities. If you are a…
From October 2026, new trade union rules introduced under the Employment Rights Act will take effect. They place fresh obligations on employers, so it's worth…
Making Tax Digital (MTD) for Income Tax is now underway, with the first quarterly reporting deadline having passed for sole traders and landlords within the…
UK businesses are continuing to face significant increases in the cost of operating, with smaller and mid-sized businesses particularly exposed to rising employment and regulatory…
Energy costs remain an important consideration for UK businesses, with wholesale energy prices continuing to be affected by volatility in global markets.
Ofgem has announced…
Did you know that 50% of small business expenses are generated on the go? It’s no wonder the majority of expense receipts end up shoved in coat pockets or an old shoebox.…
These days, it’s inevitable that a diverse group of older and younger workers cross paths in business.
After all, the young, tech-savvy, socially conscious demographic known as Gen Y are…
There are two schools of thought when it comes to “open book management” – the decision to increase transparency by sharing your company’s financials with your employees.
On the one…
Most small business people would agree that their Profit and Loss account (now more correctly called a Statement of Financial Performance) is among the easier – if not the easiest…
Starting a new business is exciting, but it also comes with its fair share of responsibilities. One of the most critical responsibilities is maintaining accurate records of your business transactions.…
Every business encounters financial challenges at one point or another. But when the going gets tough, just remember that you’re not without options. One practical strategy that can help you…