If you are thinking of making a charitable donation this year, there are certain conditions that need to be met in order to to ensure the donations are tax-efficient. You can get tax relief on gifts to UK charities if you give Under Gift Aid Through a Payroll Giving scheme run by your employer, or […]
Then ask us about our comprehensive guide to the financial, tax, and accounting considerations of starting a business, “The New Business Kit”, which we offer free to start ups or those who have recently made the jump into business ownership. The guide helps start-ups think about: Selecting a legal entity; Registering with the tax authorities; […]
From 1st October 2023 new fire safety legislation comes into effect. This will mean that many businesses and building owners need to check if and how this affects them to ensure they are complying with the regulations. The main changes are: All businesses will need to record a fire risk assessment and fire safety arrangements in […]
Action Fraud has received over 30 crime reports since June 2023 relating to remote access scams targeting businesses, with victims reporting losses totalling over £3.8 million. Based on analysis of crime reports by the National Fraud Intelligence Bureau, Action Fraud advises that scammers will generally use the following tactic to target businesses: Contact the victim […]
Then ask us for a copy of our guide called “57 Ways to Grow Your Business”! Our publication is packed full of bright Ideas for the Serious Entrepreneur and starts with the four basics of growth. All the ideas in this guide ultimately revolve around four basic insights about growing a business. You can: Increase the […]
Businesses are starting to realise the importance of helping employees feel secure about money. In the current economic environment, many businesses are acknowledging the profound impact of employee financial wellbeing on overall productivity and job satisfaction. A cornerstone of this effort lies in the provision of financial literacy resources. Businesses are stepping up to the […]
The table below sets out the HMRC advisory fuel rates from 1 September 2023. These are the suggested reimbursement rates for employees’ private mileage using their company car. Where the employer does not pay for any fuel for the company car these are the amounts that can be reimbursed in respect of business journeys without […]
The Government’s Tax-Free Childcare Accounts provide a 25% subsidy towards the cost of childcare. The account can be used to pay nursery fees, breakfast clubs, after school clubs and registered childminders. The scheme operates by topping up savings of up to £8,000 per child by 25%, potentially an extra £2,000 a year from the Government […]
Managing key person risk should be an integral part of any well-rounded business strategy. Key person risk entails the potential disruption and uncertainty that can arise when an essential team member, often possessing distinctive skills, knowledge, or influence, is suddenly incapacitated and unable to contribute to the functioning of the business. Effectively managing key person […]
Do you want to grow your business? Then ask us for a copy of our guide called “57 Ways to Grow Your Business”! Our publication is packed full of bright Ideas for the Serious Entrepreneur and starts with the four basics of growth. All the ideas in this guide ultimately revolve around four basic insights about […]
