What tax benefits do hybrid vehicles offer businesses?

Posted on December 19, 2023 Posted in - Blog, Blogs, Business, Business Advice, SMEs, SMEs / Business, Tax

Hybrid vehicles are becoming an increasingly attractive option for businesses.

Financial techniques to maximise your business’ growth

Posted on December 14, 2023 Posted in - Blog, Blogs, Business, Business Advice, Business Blog, Cash Flow, Finance, Financial Planning, Government Funding, Grants, SMEs, SMEs / Business

To successfully grow your business, you need to not only know your current business position but also where you want to be in three or five years’ time.

Implications for businesses amid soaring pension tax relief

Posted on December 13, 2023 Posted in - Blog, Blogs, Business, Business Advice, Business Blog, Finance, SMEs, SMEs / Business, Tax, Tax Blog, Tax Planning

Recent statistics reveal a significant increase in the amount of annual pension tax relief, exceeding £50 billion for the first time.

HMRC reminds restaurants and takeaways of VAT obligations on hot food

Posted on December 12, 2023 Posted in - Blog, Blogs, Business, Business Advice, Business News, Finance, HMRC, leisure and hospitality, VAT

HM Revenue & Customs (HMRC) has recently issued letters to restaurant and takeaway businesses across the country, emphasising the importance of correctly applying VAT on hot food.

Understanding Inheritance Tax and the implications for your finances

Posted on December 7, 2023 Posted in - Blog, Blogs, Business Advice, Finance, Financial Planning, Inheritance, Tax, Tax Blog, Tax News, Tax Planning

Inheritance Tax (IHT) can be a sensitive and uncertain topic when discussing with loved ones, but it is something that cannot and should not be avoided.

Understanding Capital Gains Tax on property investments

Posted on December 6, 2023 Posted in - Blog, Blogs, Business, Property, SMEs, SMEs / Business, Tax

Investing in property can be a lucrative venture, but it’s essential to understand the implications of Capital Gains Tax (CGT) on these investments to protect your investments from unexpected costs.

Understanding IAS 32 – A guide for business owners

Posted on December 5, 2023 Posted in - Blog, Blogs, Business, Business Advice, Guide, SME, SMEs

Accounting standards that impact businesses’ financial reporting are prone to the odd reshuffle every now and then, so it is important for business owners to stay informed.

Year-end tax planning strategies for #SmallBusinessSaturday

Posted on November 30, 2023 Posted in - Blogs, Business, Business Advice, Financial Planning, SMEs, SMEs / Business, Tax, Tax Blog, Tax Planning

As we approach the 31 January 2024 tax return deadline, it’s crucial for sole traders, to be well-prepared and aware of your obligations.

How SMEs should prepare for and handle tax investigations

Posted on November 28, 2023 Posted in - Blog, Blogs, Business, Business Advice, Finance, SME, SMEs / Business, Tax, Tax News

Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue & Customs (HMRC) has ramped up its interest in this area.