For many SME owners, the day-to-day running of a business is varied and requires one person to juggle many responsibilities.
Can your children work in your family business?
Category: Blog
Six months until MTD pulls in one million more taxpayers: What you need to do now
There are now six months until the scope for MTD for Income Tax opens up to sole traders and landlords earning over £30,000 ahead of 6 April 2027.
Diesel and oil crisis: Is your business preparing for the unexpected?
A recent meeting with G7 leaders resulted in 100 million barrels of diesel and oil to be shared from reserves, following threats of oil embargoes and further price rises.
Andy Burnham unveils a £210 million package to regenerate high streets: The ‘punishing’ tax burden’s impact on the high street
In late September, Andy Burnham announced a £210 million cash injection into high street regeneration to convert vacant, derelict buildings into cafes and community hubs.
How can your accountant help you with Bookkeeping?
Bookkeeping is often the least favourite task for business owners, but it remains essential.
Why do profitable businesses still face cash flow challenges?
Unfortunately, a business can be profitable and still face cash flow challenges. While this may seem nonsensical, it is an issue that many SMEs face as they balance liquid funds against everyday realities.
The most wonderful time of the year for tax savings: HMRC’s £150-a-head party exemption
As the winter months approach and the nights begin to roll in, many businesses start to plan and book their annual Christmas bash.
Following the latest Facebook fad? Did you know you need to pay tax on your cake shed?
While honesty boxes have long been a part of British culture, little sheds are popping up at the end of people’s front gardens that hold a mass of homemade cakes, brownies and sourdough bread.
Invoice financing vs overdrafts: Which one closes your cash flow gap?
Cash tied up in unpaid invoices, with upcoming payroll and other business costs pending, can be frustrating and destabilising for many SMEs.
What a change in the National Living Wage could mean for SMES ahead of the Autumn Budget
The Autumn Budget is now less than two months away, falling on 28 October 2026. As business owners anxiously await the proposed tax changes, employees tend to be waiting to see if there will be any changes to their living wage base pay.
