Although it can have negative connotations, debt is inevitable for most businesses.
Debt management strategies for SME business owners
SME
What SMEs can do in the event of a recession
While the end of 2023 saw inflation slow down, experts have warned that the chances of a recession in the coming months are more likely. Read more
Tightening the reins on ‘side hustles’ – Navigating HMRC’s new powers
HM Revenue & Customs (HMRC) is now using new powers granted to them by the Government to target a key area of tax evasion – online traders. Read more
Our predictions for the SME business economy in 2024
Now that we have entered 2024, our accounting team has been making their predictions and discussing how best to advise our clients on preparing for upcoming challenges.
Understanding IAS 32 – A guide for business owners
Accounting standards that impact businesses’ financial reporting are prone to the odd reshuffle every now and then, so it is important for business owners to stay informed.
How SMEs should prepare for and handle tax investigations
Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue & Customs (HMRC) has ramped up its interest in this area.
Everything you should know before becoming a sole trader
Starting a freelance career marks a significant transition from traditional employment but it’s a decision that many are nervous to make.
How will the new Procurement Act benefit SMEs?
The recent Royal Assent of the Procurement Act marks a significant milestone in the evolution of public procurement. Read more
Is unconscious bias impacting your business decisions?
When it comes to business decisions, taking an objective view is essential. But distinguishing your thoughts from the facts is easier said than done. Read more
BOO-st your tax planning this Halloween
When it comes to tax planning, timing is everything. Read more