A recurring invoice is an invoice that you send to the same customer at regular intervals, which has the same information on it every
Factoring is available for B2B sales made on credit terms and provides fast – usually immediate – payment of your invoices. It allows you
Many businesses struggle to come up with a fair and profitable pricing policy. After all, an increase in your selling price should translate into an
The government announced back in September that the introduction of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) is being delayed by one
The rules for deciding whether a gift given in the course of business is deductible are complex. The rules for business gifts generally follow
Burton Sweet’s virtual financial director (FD) service provides high level financial oversight and support to businesses that do not have the resources or infrastructure
Most small businesses are built on the founder’s vision, enthusiasm and day-to-day involvement. That’s all well and good, but it will only take the
Protect your business from cashflow crises by following these cash management tips. 1. Cash flow isn’t intuitive Don’t try to do it in your
It is estimated that 20% to 50% of all purchasing decisions are made through word of mouth recommendation. So why not harness the goodwill
Making big changes to your business can sometimes seem daunting, and can have unplanned consequences – for example, if you increase prices by 10%
For many business owners, sitting back and watching their bank balances rise is a less common occurrence. COVID, Brexit, supply issues, lockdown and so
The Government giveth, and the Government taketh away – or so it seems. Most COVID support grants paid out by central govenment or though
Young persons who turned 18 on or after 1 September 2020 may have cash waiting in a dormant Child Trust Fund (CTF) account. This
Maybe – maybe not! In certain circumstances special ‘transfer of a business as a going concern’ (TOGC) rules apply and the sale will not
Your tax code is used by your employer or pension provider to work out how much Income Tax to take from your pay or pension.
Employers use an employee’s National Insurance category letter when they run payroll to work out how much they both need to contribute. Most employees
Having listened to stakeholder feedback from businesses and the accounting profession, the government have announced that they will introduce Making Tax Digital (MTD) for
The assessment of self-employed or partnerships profits is usually relatively straight-forward if the accounting date – the date to which accounts are prepared – falls between 31 March and 5 April. However, overlap profits can arise where a business
Would you like someone to take care of your company’s day-to-day financial challenges? Running a business can be complex enough without the additional concern
Have you ever been pushed into buying something that you really didn’t want? Most of us have. Maybe it was a salesperson over the
New health and social care Levy to be introduced across the UK to provide extra cash to reform the Health and Social care systems
New businesses may come and go, but cash flow ultimately determines whether or not a business will be running long enough to see it
Tiered and Volume Pricing models are often used interchangeably and look deceptively similar. However, both apply where customers buy quantities of the same items.
Business gurus will tell you that there are 5 or 6 – or maybe even 8 – ways to increase your profits. Whatever the
