Here are some relatively simple calculations you can do yourself to get a quick diagnostic check on your business…
This article will cover some profit and loss statement basics, as well as exploring what this information can tell you…
HMRC has launched a quick digital tool, so businesses can estimate how registering for VAT might affect them.
From April 2026, reporting and paying Income Tax and Class 1A NICs on benefits-in-kind will be mandatory through payroll software.
Conducting year-end work can be difficult to prioritise. Read through our ten strategies that can make your year-end process a more seamless.
Should a key member of your staff be suddenly unable to work, it might be best to consider how you can reduce the impact of their absence.
Sole traders & partnerships: If your year-end is not 31 March or 5 April, HMRC is changing how it will assess your profits.
Full expensing is a 100% relief for new, eligible plant and machinery, essentially reducing its in-year cost by 25%. Businesses that invest in IT equipment and machinery will be able to claim back the cost by writing it off against tax on their profits and will be available for expenditure incurred up to 31 March 2026. This is in addition to the £1 million annual investment allowance (AIA).
There are always competing factors to consider when thinking about your March year-end as a company. How prepared do you feel?
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
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
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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
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
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
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
As business advisors, we often ask prospects and clients who their target market is. One answer that comes up from time to time up
There is a well-known saying that’s proven to be true time and time again: “You need to spend money to make money.” But it
Do you want total confidence in your finances to help push your company forward? Why have a financial controller? Burton Sweet provide a financial
What is a multi-year contract? It’s simply a contract with your customer that lasts longer than one year and gives you both some financial
