With the Spring Budget just recently announced by Chancellor Jeremy Hunt, we have put together a summary to highlight the key points that may affect you and your business. In his first Budget to Parliament, the Chancellor set out a plan to halve inflation, grow the...
As an accountancy agency, we have seen many small business owners make the same mistakes when it comes to their finances. Here are the 5 most common accounting mistakes to avoid at the start of 2023: Not keeping accurate financial records: Accurate financial...
On top of the move to Making Tax Digital (MTD) and the need for VAT registered businesses to use MTD compliant software, HMRC is introducing a new penalty regime for late payment of VAT. This new regime will apply for VAT return periods starting on or after 1 January...
Electric cars are becoming more and more popular, particularly with business owners. What’s going on?! The main buzz [pardon the pun] around electric cars is that they currently [oops did it again] have a very low benefit in kind (BiK) charge [sorry I can’t help it]....
Loading... Taking too long? Reload document | Open in new tab Download here! [526.96 KB] Summary OBR Forecast for inflation 9.1% in 2022, and 7.5% in 2023. Unemployment at 3.6% today, forecast to rise to 4.9% 2024. Tax The top rate of tax will be lowered from...
As a business owner, you need to have a clear picture of various sides of business management. Accounting is one of the most important parts of a business. So every business owner needs to be familiar with its basics, as it gives a clear picture of the state of their...
