Blog - Holeys

18-10-2023

Paper VAT registration to be abolished in latest digital move

In the latest move in their Making Tax Digital (MTD) campaign, HM Revenue & Customs (HMRC) is removing paper VAT registration from 13 November 2023. Most tax

12-10-2023

Could you afford a financial data GDPR breach?

In today's digital age, data protection has become a paramount concern for businesses of all sizes. Failing to comply with UK GDPR measures could cost your company

11-10-2023

How management accounts can help your business

Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they work? Management accounts are a key tool

05-10-2023

The crucial role of sales forecasting

As an owner of a small to medium-sized enterprise (SME), juggling numerous responsibilities comes with the territory. Overseeing operations and growing your client base are vital tasks,

04-10-2023

How the National Living Wage increase could affect businesses

At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11 an hour for those over the age

28-09-2023

How could new “open banking enhancements” benefit your business?

Your business could benefit from a new scheme being run by HM Revenue & Customs (HMRC). The newly introduced “open banking enhancements” allow businesses to reduce their

27-09-2023

Tax reliefs business owners can claim amidst record Corporation Tax payments

HM Revenue and Customs (HMRC) recently reported a record-breaking increase in Corporation Tax receipts for the 2022/23 tax year. The total amount collected rose by £17.3 billion,

21-09-2023

18-year-olds to be included in auto-enrolment expansion

A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate "earlier and increased savings" for millions of young people across the UK. Whilst

20-09-2023

Five strategies for leveraging financial forecasting

In the dynamic world of business, financial foresight is not just a luxury; it’s an essential ingredient for success. But how can you harness the power of

14-09-2023

Three steps to simplify your accounting

Accounting doesn't have to be a time-consuming and complicated task. By breaking down the accounting process into manageable steps, you can simplify your accounting and have a

13-09-2023

Crafting success: Selecting the right business framework

In order for your business to be both financially secure and successful, you need to ensure you choose the right business framework. It will not only affect

07-09-2023

Business expenses you didn’t know you could write off

When you’re running a small business, every penny counts, including those you can save through legitimate tax deductions. You're probably aware of standard write-offs like office supplies