Blog & News

Insights & News from Your Finance Team

We spend a lot of time offering our clients practical advice on how they can grow their businesses – please see some of our articles below and feel free to share.

How to protect your business from currency fluctuations

Currency fluctuations The Brexit vote has left UK firms more exposed to currency fluctuations in an increasingly volatile and globalised market. Sterling's devaluation against both the dollar and the Euro have improved competitiveness between firms inside the UK who...

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Auto Enrolment – how to get ready and stay compliant

What is auto enrolment? Automatic enrolment requires virtually every UK small business to automatically enrol qualifying employees onto a suitable workplace pension scheme and make regular contributions to it on behalf of those employees.  What must UK businesses do...

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Changes to Flat Rate VAT – What you need to know & do

Changes to Flat Rate VAT Scheme – just another headache for small business!! HMRC changed the Flat Rate VAT Scheme on 1st April 2017. The changes are already affecting small business owners and contractors who operate under the flat rate scheme (FRS). Many of those...

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Research & Development Tax Credits – Are you eligible?

Any new business needs all the tax relief it can get. Which is why it is all the more surprising that for many SMEs, the government’s Research & Development Tax Credits aren’t being more widely utilised.   What activities qualify for Research & Development Tax...

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Top tips for selling your business

Someone told me never get into a business venture unless you know how you are going to get out of it! For most entrepreneurs defining their exit strategy early on, is a critical part of achieving business success. Strategies will differ, but for all there will come a...

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What is a Lifetime ISA and how does it work?

The Lifetime ISA (LISA) launched this month offering a whole new way to save. It’s an exciting opportunity for first-time buyers as it will be offering a 25% bonus on top of what you save. Most people will be familiar with normal ISAs.  Under a normal ISA you can save...

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Post Brexit Guide for Small Businesses

  No matter what their politics, small business owners will need to confront the reality of Brexit. During the campaigning small businesses were often mooted as potential big gainers by the leave campaign as the bureaucracy and red tape from Brussels was lifted. Time...

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Add-Ons for your Cloud Accounting Software

Add-Ons There is a quiet revolution going on in the world of small business finance as people grasp the advantages of cloud based accounting. Many business owners are taking it one step further and buying ‘add-ons’ to their packages. These add-ons are programmes which...

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Choosing The Right Accountant

  Making sure you choose the right accountant is a critical business decision. In many ways it is similar to recruiting a key staff member – choose the right one and they will support you and drive your business, choose the wrong one and it can prove costly and set...

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Building Your Financial Strategy

Your Companies Financial Strategy Defining and driving your companies financial strategy is an essential part of business success. Business owners need a sound financial strategy to help their businesses achieve their vision and goals, without a strategy the chances...

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Cloud Accounting – a Layman’s Guide

There is certainly a lot of talk about the ‘Cloud’. Whole industries seem to have sprung up recently which use the ‘cloud’ to deliver their services. Lots has been written about how this technology is changing the way we work. The accounting industry is no different;...

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Pension Reforms

The biggest change in the pension rules that certainly I have ever seen is about to take place. From April 5th anyone over the age of 55 will be free to cash in their Defined Contribution (DC) pension pot. Previously people were required to take out an annuity which...

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