Behind the lights, the glitz, and the camera, media personalities also deal with other complicated tasks: keeping finances and taxes in check. Just like any other to-do in your list as an actor, an influencer, or a media personality, you need a trustworthy team to keep your finances in order so you can focus on […]
Business owners that are in dispute with their energy suppliers will be interested in the free support on offer from the Energy Ombudsman.
In a recent press release the Department for Energy Security
Settling energy disputes Read More »
The Insolvency Service has recently published information confirming that a total of 831 company directors were banned in 2023-24 for Covid support scheme abuse, up more than 80% on the previous year,
COVID Bounce Back abuse Read More »
When most business owners refer to business profits, they are likely to mean the difference between sales and costs, and more concisely, that sales exceed costs.
However, the word
What do we mean by profit? Read More »
In the recent Spring Budget, the VAT registration threshold was raised to £90,000 (previously £85,000) which means that smaller businesses that did not want to register for VAT, now have an additional
To register or not to register Read More »
Most business owners are driven by sales targets and to meet these targets they may be tempted to offer extended payment terms.
For example, if your business grants a customer time to pay – say 60
Time to rethink the credit you offer your customers Read More »
Clients often refer to the VAT added to supplier invoices as if it were a cost to their business regardless of their VAT position.
This is true if you are not registered for VAT, you do not have to
We are unpaid tax collectors VAT Read More »
In a recent announcement by the Treasury, it was announced that plans are afoot to deliver up to £1.8bn of productivity benefits by 2029.
The aim is to improve public sector productivity, including
Public sector productivity Read More »
The first measures under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act) came into force on Monday 4 March 2024.
Changes introduced include:
greater powers to query information
Companies House rolls-out new powers Read More »
An experienced entrepreneur has taken up a key role to promote the needs of small businesses to government and ensure suppliers seize the benefits of the Procurement Act.
Shirley Cooper OBE, former
A new champion for small businesses appointed Read More »