Here are some of the FAQ’s we’ve been discussing with clients this week. We don’t currently have all of the answers, but we know that some of these questions can’t wait, so where we have been vague, please understand that as legislation and guidance is [...]
The government announced yesterday the first wave of financial support in their mission to support businesses, individuals and families. There are further measures expected in the coming days but for now, here are the headlines: Government loans The treasury are making available £330 billion by [...]
The reality of working at home is that you just don’t have everything set up as well as you do at work. Talking to people, getting documents to people or sharing work amongst a team can be hassle or even impossible if you don’t have [...]
As one of the most anticipated budgets in years, we wanted to focus on the key changes and how these will affect you and your business. Entrepreneurs Relief This is a big change for our clients, particularly as most fall into the category of business [...]
Once the dust settles after the election, we will be expecting a new budget early in 2020. However, one of the measures we are not expecting to change is the huge reduction in company car tax for electric vehicles due to come in April 2020. [...]
Recently, some of our team traveled to London to attend a conference organised by accounting software Xero. Past attendees have referred to Xerocon as the ‘Glastonbury for Accountants’, and it certainly lived up to the hype. Xerocon isn’t your traditional accounting conference. With inspiring keynote [...]
How do you know when it’s the right time to hire a Bookkeeper? Would you know? Or would you be like most entrepreneurs and assume that it's a job anyone can do, a cost you don’t need or something you can simply do yourself. A [...]
“The backbone of the economy, the bedrock of communities.” That’s how the UK’s family businesses have been described by the IFB (Institute for Family Business). They’re not wrong. Even against the backdrop of huge and growing multinationals, family-owned companies remain vital to the success of [...]
This is a guest post from Sharon Duckworth, Snr Mortgage Consultant (Key Mortgage Advice). Now, more than ever, first-time buyers are struggling to raise a deposit and secure a mortgage. Banks consider the level of borrowing required as unaffordable. This makes it especially difficult for [...]
What is Making Tax Digital? From 1st April all VAT registered businesses with a turnover over £85,000 will have to keep digital records and submit VAT returns using compatible software. Why? HMRC want to bring tax into the digital age, bringing together their internal systems [...]
