The 6 Biggest Business Trends to Look for in 2022
The world of business is ever changing, and the year 2022 is unlikely to be an exception to this rule. Business owners should always be aware of new trends on the horizon and the challenges or opportunities that may come with them. Let's make sure that you're...
Goals 2022 & Beyond.!
How to Set Business Goals For 2022 (And Beyond!) Setting goals for your business is an important step in making sure it thrives. While some people might think this is a simple task, it can be more complicated than you may think. This guide will walk you through the...
How to Choose the Right Consultant/Advisor for Your Business
There’s a lot to think about when choosing the right consultant/advisor for your business. There are many practitioners out there and technically speaking, anyone can start calling themselves a consultant/advisor. So how do you go about choosing a trusted professional...
Back to Tax Basics: How does VAT work?
Is VAT a mystery to you? We’ve got a simple overview of the basics of VAT, so you know how to apply the tax, the available schemes and how to maximise the impact of VAT.
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P is for purpose, not profit
Gone are the days when a business’s sole purpose was to make a profit. While being profitable is important, your purpose is why you exist for your customers; your reason for being. Focusing on your customers’ needs results in better profitability.
Three Tips for Streamlining Your Workflow
Improper business workflow affects efficiency and performance in the workplace and can lead to a loss of profits. Here are some tips on how to streamline the business workflow. Streamlining business workflow, which is applicable across all departments, can be a...
Post Brexit VAT changes
Changes to VAT rules from 1 January 2021 The UK continues to levy VAT and the rules relating to UK domestic transactions continue to apply to businesses as they did previously. VAT procedures, on the whole, remain as those prior to 31 December 2020, but there...
Government help update September 2020
The Government have announced plans to try to further reduce impact of the spread of the virus in areas of England where there are high rates of coronavirus. Where employees are told to self-isolate, and cannot work from home, they will be entitled to payment from 1...
July 20 Mini Budget Summary
Chancellor Rishi Sunak introduced a number of measures in the mini-budget on Wednesday 8th July 2020, offering up to £30bn in support to both companies and consumers. Here is a summary with some key facts which we would like to share with you all: Housing...
Is you bookkeeping system compliant with the new law Making Tax Digital?
What are the requirements of Making Tax Digital? Making Tax Digital for VAT requires VAT registered businesses with taxable turnover above the VAT registration threshold to keep records in digital form and file their VAT Returns using the software. Can Spreadsheets be...