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 […]
Sales
IHT – Inheritance Tax
Nearly £6bn of Inheritance Tax (IHT) was collected in the 2021/22 tax year according to the latest Government figures –
Cash flow is essential – make it easy for customers to pay
Cash flow is vital for business success and most people are aware of the phrase – Cash is King. Your
Do you accept credit cards as a method of payment?
Whilst there is a “cost” to accepting credit cards, do you know how much business you might be losing out
Being “green”
With sustainability and the environment constantly in the news, there are several ways any business can “make a difference”. Paper
VAT on Food – a complex minefield
If you sell food for human consumption, it can be zero rated (unless it is supplied in the course of
Suppressing sales on electronic tills!
ESS – electronic sales suppression – is where a business uses a tool to either hide or reduce the value
“How to…” videos – for staff and customer education
It can be time consuming to write instruction manuals or create help sheets for work processes and procedures etc. In
Capital Gains Tax on residential property disposals
Since 6 April 2020, it has been necessary to report a gain arising to HMRC and pay the estimated tax
Tax advice – from the man down the pub
Do you believe or take action as recommended by “Dave” down the pub, often over a beer or three? All