News

Are you taking your business online? – Six steps to effective pricing
As a result of the recent restrictions, many businesses have, for the first time, switched their focus to online sales. Whilst this has opened up many new
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Top tips for improving profit
The fundamentals of improving business profitability comes down to five key factors: Reducing costs Increasing turnover Improving efficiency Increasing productivity Innovation and development. In light of the
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Helpful steps to improve credit control
An important element of healthy cash flow is the credit control process. Smaller businesses in the UK have historically struggled to recover payments, especially from larger clients.
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Managing Cash
As businesses look to rebuild and recover from the trading challenges of COVID-19 in the coming weeks and months it is vitally important that they manage and
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Retail, hospitality and leisure firms set for £10 billion business rates savings
Businesses in the retail, hospitality and leisure sector are expected to save around £10 billion this tax year through business rates relief, official figures have revealed. The
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Deferring VAT – HMRC confirms businesses should cancel VAT direct debits
Following the Government’s announcement that businesses will be able to defer VAT payments for the period from April – June, HM Revenue & Customs (HMRC) has now
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Budget 2020
Budget summary - When Philip Hammond delivered the last Budget 499 days ago, in the midst of the Brexit negotiations, he could not have imagined that the
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Employment Allowance Changes come into effect from April
For more than half a decade the Employment Allowance (EA) has entitled employers to a maximum of £3,000 off their annual secondary Class 1 NIC bill. However,
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Bank overdrafts to become more expensive for some under new changes
The UK’s major banks and building societies are set to increase the interest they charge on overdrafts as part of a major change due to come into
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VAT charged on the sale of a business
There are many things to consider when selling a business, but what about the payment of VAT? VAT is charged on most transactions, but it is not
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Don’t forget EORI registration
The UK has now formally withdrawn from the EU and has until 31 December 2020 to agree new trade arrangements. At present, it is not possible for
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Small and medium builders to benefit from £1 billion housebuilding boost
Housing Secretary, Robert Jerick MP, has announced £1 billion in new loans to small and medium-sized builders to help them deliver new homes, under the banner of
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