Why Budgets are important in your business
A budget is crucial for any business as it serves as a financial blueprint, guiding decision-making and resource allocation. It […]
Strategy
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
Do parents pay tax on their children’s savings?
If you’re a parent and want to put some money into your child’s savings account, there are some strict rules
IHT – Inheritance Tax
Nearly £6bn of Inheritance Tax (IHT) was collected in the 2021/22 tax year according to the latest Government figures –
Selling On Credit? Keep On Top Of Your Debtors…
As globalisation continues, ordering goods, services, and software from international vendors has become a standard business operation for many companies.
2024 General Election
We knew it was coming – but we did not know the date – until recently. What will happen on
The Budget and VAT
From 1 April 2024, the VAT registration threshold and deregistration thresholds each increased by £5,000 to £90,000 and £88,000 respectively.
High-Income Child Benefit Charge
Approximately 180,000 families are encouraged to reconsider claiming child benefit following changes to the high-income child benefit charge (HICBC), which
Cash basis of accounting – is it right for you?
HMRC are removing many of the restrictions on the use of the cash basis, reducing the complexity of tax returns
March year end approaching?
Tax planning in arrears when the accounting date has passed is severely limited; please consider the opportunities that arise within