By Tom Maxwell In Advice, Blog, NewsPosted 29/11/2022 HMRC is changing how they assess profits for some sole traders and partnerships How HMRC assesses profits for sole traders and partnerships who use an accounting date between 6 April and 30 March will change from 6 April 2023. This change will not affect companies. Your [...] 0 Read More
By Tom Maxwell In Advice, Blog, Business BitesizePosted 28/11/2022 BUSINESS BREAKTHROUGH – Healthy Culture Wins What happens to your business when you build the trust and social capital of your team? If your team lack connection, engagement, trust and commitment in their relationships with each other and [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Treasury UpdatesPosted 18/11/2022 Autumn Statement 2022 Chancellor Jeremy Hunt delivered the 2022 Autumn Statement on Thursday 17 November. The Chancellor froze the thresholds to a number of personal taxes and cut the threshold for the additional rate [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Treasury UpdatesPosted 17/11/2022 Our Initial Budget Musing How to increase taxes without increasing tax rates This has clearly been the title of Jeremy Hunt’s bedtime reading since he was appointed, and every possibility has been explored and exploited [...] 0 Read More
By DBS In Advice, BlogPosted 09/11/2022 How to manage your finances and cash flow It is impossible to run a business effectively without managing your money. With costs increasing and businesses still coping with the long-lasting impact of the pandemic, it is more important [...] 0 Read More
By DBS In Advice, BlogPosted 02/11/2022 How to make small businesses environmentally sustainable Being conscious of environmental impact is something many businesses are aware of, are starting to be aware of or should be aware of. Changing the way a business operates by making small and [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 26/10/2022 Get ready for impending changes to VAT fines and interest charges. If you file your VAT returns or make your payments after the deadline for VAT periods beginning on or after 1 January 2023, new penalties will arise instead of the default surcharge. The way VAT [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 25/10/2022 The tax reliefs and allowances available to your business HMRC is encouraging business owners, employers and the self-employed to check online to make sure they are not missing out on a range of tax reliefs and allowances. One page summary of all tax [...] 0 Read More
By Tom Maxwell In Advice, Blog, NewsPosted 24/10/2022 Recovery Loan Scheme The new form of the Recovery Loan Scheme (RLS) is designed to support access to finance for UK businesses as they look to invest and grow. Businesses can use the finance for any legitimate [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, Treasury UpdatesPosted 18/10/2022 A fiscal U-turn without precedent! Over the last few days, we have seen a gradual dismantling of the mini-budget of Friday 23 September 2022, along with the economic policies that Prime Minister Liz Truss based her leadership [...] 0 Read More