The current cost of living crisis in the UK has already seen the economy decline, with customers saving money and consuming less.
SMEs
Hard pressed SMEs struggling with cashflow challenges
A huge majority of small businesses are ploughing more money into their business than they are taking out for a least one month of every year.
Tax year basis reform: How does this change affect me?
In the second blog of this series on tax year basis reforms, we will examine how these changes could affect unincorporated businesses.
Tax year basis reform: Should I change my year-end?
In the first blog of this series on tax year basis reforms, we will be discussing the new rules that will affect how unincorporated businesses are taxed from 2023 to…
Government review seeks to improve the holiday letting market
A review into the effect of short-term holiday lets has been launched by the Government to improve the holiday letting market for those living in popular tourism destinations.
Open banking allows accountants to deliver added value for clients
A new survey has found that more and more SMEs are turning to open banking to make their businesses more efficient, a move that offers accountants opportunities to deliver added…
Businesses can make big tax savings when disposing of assets
With business costs rising as inflation soars, we want to remind companies about the tax incentives that can save businesses thousands of pounds.
Small but mighty: the SMEs powering the UK economy
Small and medium-sized businesses (SMEs) contribute massively to the UK economy, accounting for more than £2 trillion in turnover, new research has revealed.
Training schemes address labour and skills shortage in hospitality
The labour and skills shortages across the UK and within hospitality are well documented, but even if you don’t know your cruet from your Creuset, opportunities may be opening up.
Loans to small businesses drop to lowest level on record
Banks have been accused of “pulling up the drawbridge” on lending to small businesses.