Redundancies in the business
In these difficult trading times, there comes a time when some staff have to be let go but managing redundancies […]
Business
Suppressing sales on electronic tills!
ESS – electronic sales suppression – is where a business uses a tool to either hide or reduce the value
Making Tax Digital – a 2 year deferral
In December, there were some announcements from HMRC regarding their plans for Making Tax Digital. Originally scheduled to start for
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
Payroll – are the settings correct
There are many areas where payroll can “go wrong”, sometimes with costly consequences. In setting up payroll, there may be
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
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