The issue of late payments has become a growing concern for small businesses. Recent data from Xero Small Business Insights reveals that, on average, payments… Read More »SME late payments surge: How to mitigate the impact
Recently, there has been a significant increase in company closures due to petitions from creditors, particularly HM Revenue & Customs (HMRC). In 2023, forced closures… Read More »How to keep your business afloat amid rising HMRC pressures
Recently, many pensioners received surprising news: a tax bill for the first time. This stems from HM Revenue & Customs (HMRC) decision to send letters… Read More »Worried about a new tax bill? A guide for pensioners
In a bid to ease the regulatory burden on businesses, new thresholds for classifying company sizes have been announced. This change, introduced by the previous… Read More »Audit rules are changing – Get ready
The first Budget of the new Labour Government has been announced to take place on 30 October 2024. Ahead of the budget, Chancellor Rachel Reeves… Read More »The Budget is coming – It is time to prepare
King Charles delivered his speech to Parliament last month following the election, setting out the priorities of the new Labour Government for the months ahead.… Read More »King’s Speech – What did he say? Why does it matter to you?
When developing your business exit and succession strategy, you must consider all possible avenues, including those which might not seem so obvious. A management buyout… Read More »Management buyouts – An alternative approach to exit and succession
Whether the hot weather lasts or not, summer is here to stay, bringing with it seasonal challenges and opportunities for business owners. You may think… Read More »What the summer may mean for your business
HM Treasury has taken £77.2 billion in Income Tax and National Insurance (NI) since April 2024 – signalling the effect of the freeze in the… Read More »Total Income Tax and NI income hits new high
Invoice fraud, affecting one in three companies, involves deceptive practices that trick businesses into making payments to fraudulent accounts. As fraudsters’ techniques become more sophisticated,… Read More »Invoice fraud becoming a significant problem
