P is for purpose, not profit

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.

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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...

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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...

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Government help update September 2020

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...

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July 20 Mini Budget Summary

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...

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How much is corporation tax ?

How much is corporation tax ?

If you have a limited company, you are required to pay corporation tax on your profits. This is currently 19%. You can claim capital allowances when you pay for assets that you use in your business such as cars, equipment and machinery. You can also claim capital...

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What you need to know about pensions for your employees

What you need to know about pensions for your employees

If you employ people who are paid through your company payroll then you will need to organise a pension for them.  This is known as a workplace pension or auto-enrolment, you may have seen the ad on TV reminding you about it. How the workplace pension scheme works? A...

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