Suppressing sales on electronic tills!
ESS – electronic sales suppression – is where a business uses a tool to either hide or reduce the value […]
Business Support
Watch those interest rates
Many will have savings tucked away, perhaps in ISAs or in standard savings accounts. Despite 9 interest rates in 2022,
Have you had an HMRC letter saying the 2020/21 tax return has not been submitted?
There was apparently a glitch in HMRC systems, and many taxpayers are receiving letters intimating the returns have not been
The effects of cutting prices – do you realise how much more you need to sell to achieve the same level of profit?
It is very easy to reduce prices, but in doing so, this will affect your gross profit margin. Yes, it
The Autumn Statement 2022
Now the dust is settling after the recent announcements, Government U-turns and further announcements, it is time to draw breath
Taxable interest? With interest rates rising this might affect you soon
A “savings allowance” is available to basic rate taxpayers – £1000 p.a. and higher rate taxpayers – £500 p.a. With
Bookkeeping – keep your business and private spending separate!
Business expenses can be claimed against tax, but personal expenditure cannot. It is therefore necessary to distinguish between the two.
Inheritance Tax – Have you given this any consideration recently?
Inheritance tax is a charge that can be applied on the estate (the property, money and possessions) left behind when
Turmoil in the finance world!!
The recent announcements by then Chancellor Kwasi Kwarteng regarding tax and NI cuts, changes to proposed corporation tax rates etc
Do you sell via online platforms and if so, are you accounting correctly?
The Internet means a business can sell products to practically anywhere in the world. There are many online selling platforms–