Are you a business owner who wants to gain a more depth insight into annual accounts? These accounts are often known as business accounts and are important in order to ensure our business runs successfully.
What you need to know when setting up a business
Starting a business is an exciting venture and opens up opportunities and the chance to be your own boss.
How can I make best use of management accounts?
As a business owner, the financial health of your company plays a key part in every decision you make.
Income tax thresholds freeze – What it means for you
Millions of new taxpayers will be created by the extended freeze on the income tax thresholds. In the Autumn Statement, the Government froze the thresholds until 2028 – two additional years on its original plans. The income tax thresholds for basic (20 per cent) and higher rate (40 per cent) taxpayers will remain unchanged, while […]
What is the ultimate goal of your business?
Planning for the future is essential when running a business and, ideally, you should have a perspective of where you want to be in three to five years. Goals or targets provide a sense of direction, focus, and motivation. But how do you set aims effectively? You could try the SMART method. This relies on five […]
R&D relief slashed – Time to plan
Chancellor Jeremy Hunt has announced a series of changes to the UK research and development (R&D) tax credit regime, including a cut to the deduction and credit rates for the SME scheme. The R&D SME scheme enhanced deduction rate will be cut to 86 per cent from the current 130 per cent, and the payable […]