HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key area of tax evasion – online traders.Read More »Tightening the reins on ‘side hustles’ – Navigating HMRC’s new powers
Now that we have entered 2024, our accounting team has been making their predictions and discussing how best to advise our clients on preparing for upcoming challenges.
Read More »Our predictions for the SME business economy in 2024
Accounting standards that impact businesses’ financial reporting are prone to the odd reshuffle every now and then, so it is important for business owners to stay informed.
Read More »Understanding IAS 32 – A guide for business owners
Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue & Customs (HMRC) has ramped up its interest in this area.
Read More »How SMEs should prepare for and handle tax investigations
Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.
Read More »Everything you should know before becoming a sole trader
The recent Royal Assent of the Procurement Act marks a significant milestone in the evolution of public procurement.Read More »How will the new Procurement Act benefit SMEs?
When it comes to business decisions, taking an objective view is essential. But distinguishing your thoughts from the facts is easier said than done.Read More »Is unconscious bias impacting your business decisions?
In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.
When it comes to tax planning, timing is everything.Read More »BOO-st your tax planning this Halloween
Most businesses are already using cloud accounting software to manage their finances. However, not all of them are taking full advantage of automated processes to streamline their accounting process.Read More »How can you leverage automation in your accounting process?
