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.
Here are the tax implications relevant to providing a gift/event to best please your employees, whilst also being financially sensible.
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).
If you’re considering using a piece of cloud-based accounting software, such as Xero, QuickBooks, or Sage, then it’s important you understand what each option can offer you. What follows are some worthwhile considerations…
Have you increased the value of your goods, supplies or labour, to maintain your profit margins? If so, and you are not already registered for VAT, you will need to keep a close eye on your turnover. You might go over the VAT threshold without realising it.
In an attempt to slow price rises, the Bank of England has increased interest rates for the thirteenth consecutive time to 5%, the highest in almost 15 years.
Offering benefits to your employees has a number of advantages. If you’re deciding whether you could be providing them, consider these potential positives…
When it comes to running a business, one of the important decisions to make is how to pay yourself. However, understanding the differences between a salary and dividends can be complex. In this article, we’ll break down the key considerations you need to know to make an informed decision…
Keeping consistent track of your finances can be complex. Check out or QuickBooks discounts, up to 35% off…
After April 5 2025, you’ll only be able to fill National Insurance gaps going back 6 tax years, so if you have many years missing on your record, you should start considering what you can do about this.
There are always competing factors to consider when thinking about your March year-end as a company: In addition, this year there are also upcoming
For a round-up of what the Spring Budget contained and how this might affect you, please read our summary of some of the major changes.
