News - Holeys

09-10-2023

Almost 50 per cent of businesses forget vital R&D forms

Research and development (R&D) tax relief claims are a vital way to offset your business costs against profits and promote technological innovation and advances. However, filling in

18-09-2023

The rise of the machines – How AI can elevate your SME to new heights

In a world where technological advancements are reshaping industries, small and medium-sized enterprises (SMEs) cannot afford to be left behind. The hesitance to embrace new technologies, epitomised

18-09-2023

Can you afford a £7,300 fine from Companies House?

You must file your company accounts, to avoid late filing penalties, Companies House is warning. All companies must file annual accounts with Companies House each year, regardless

18-09-2023

When are interest rates likely to fall and why does it matter to you?

After the fourteenth consecutive increase in interest rates since 2021, many business owners will be asking themselves the same thing: “When will interest rates finally fall?” The

18-09-2023

Chief UK economist warns of period of stagnation – How will this affect your SME?

Stagnation is a prolonged period of little or no growth in the economy and it can have a serious impact on your business. Whilst talking to The

18-09-2023

Could you enjoy a slice of the £1.6bn creative industry tax reliefs?

If your company is involved in the creative industry, then it could be eligible for significant tax relief from the Government. These tax reliefs support the Government’s

18-09-2023

Three tips for managing maternity and paternity pay for small businesses

As experts in the field of accountancy, we understand the unique challenges business owners face when it comes to payroll. We've put together three essential tips to

02-08-2023

New R&D supplementary information form in effect

As of 8 August 2023, all Research and Development (R&D) Tax Credit claims require the submission of an online Additional Information Form (AIF) providing supplementary project details.

02-08-2023

£56 million overpaid in pension tax

In the second quarter of 2023, overpayments on pension tax in the UK reached £56 million. This was an increase of nearly £8 million from the first

02-08-2023

The benefits of Employee Ownership Trusts

Introduced in 2014, Employee Ownership Trusts (EOTs) provide an attractive alternative to traditional business succession strategies, offering a series of unique benefits to businesses, their employees, and

02-08-2023

Eight ways your accountant can boost the success of your business

Accountants are often seen as guardians of tax and compliance. However, their expertise extends far beyond these areas. They can act as problem solvers, assisting with a

02-08-2023

What you need to know about the High-Income Child Benefit charge and the upcoming changes

The High-Income Child Benefit Charge (HICBC) is a tax that affects households where at least one person with parental responsibility has a taxable income exceeding £50,000. This