Small businesses in the UK are being reclassified from April 2025 as the government introduces new laws on company size thresholds. That means financial reporting, auditing and, in some cases,…
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The new year is well underway and it’s time to give your business finances a health check for 2025. While year-end is a few months away for most companies, 2025…
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If you’re considering moving your business abroad, you’re not alone. According to a recent poll, a large number of UK business owners are considering a move out of the country.…
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National Insurance Contributions – or NICs – have been in the headlines in the past few months. And they’re likely to remain a hot topic as the rate paid by employers increases…
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Statutory sick pay for directors is something that probably never enters your mind – until you’re ill. But can directors claim Statutory Sick Pay (SSP)? While SSP isn’t always as…
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The thought of facing a HMRC tax investigation worries most business owners. But if you have been reporting your financial matters correctly, there’s nothing to fear. Of course, tax investigations…
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If you’re still wondering what the Budget means for your business, we’re here to help. While some of the big announcements were widely reported, a number of measures were quietly…
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Trivial benefits are not trivial at all, according to research. Such benefits – which are small, inexpensive perks for employees – have a big impact. According to a survey, 50%…
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Employers in the hospitality industry must be aware of new laws on tipping that came into force this month. It means 100% of tips and gratuity must be given to…
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If your business sells products then you need to know about stocktaking. Stocktaking is also known as inventory counting. It is the term for keeping track of what you have…
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