Blog - Holeys

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

06-09-2023

Cloud-powered accounting: Advancing beyond traditional cloud accounting systems

In modern businesses, cloud accounting has now become the norm rather than the exception. With real-time access to financial data, enhanced security, and a variety of other

31-08-2023

How to save £2,000 in taxes on your childcare costs

A Government scheme could help parents save up to £2,000 on their childcare costs through tax reliefs aimed at working parents. The reliefs come in the form

30-08-2023

Best practices for business and personal finances

Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make. Whilst it may seem convenient at first, there can

24-08-2023

Three things to consider when forecasting your finances as a small business owner

Forecasting is the act of looking at past and present financial data to predict future costs, expenses, and profits. Small businesses do this to tailor their business

23-08-2023

Navigating estate planning and Inheritance Tax: what you need to know

HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to July 2023, making this a record high.