Capital allowances are a form of tax relief for businesses. They allow you to subtract some or all of the value of an item from your profits before you pay tax.
Category Archives: Blog
How to prepare for business succession
The pandemic and lockdowns would have had many businesses considering the future and what may happen if they become ill or incapacitated or what happens to their business after they retire or the unexpected happens.Continue reading
Business challenges for 2023: Knowing your numbers
You can’t predict the future, but your business will inevitably face challenges as we enter the new year.Continue reading
How will the changes in the Spring Budget affect pensions?
During the 2023 Spring Budget, the Chancellor announced changes to pensions, which may alter the way you save for retirement.
Supreme Court rules roof replacement company must pay £2.5 million VAT bill
A roof replacement company has been hit with a £2.5 million tax bill after a ruling that the insulated roof panels it supplied did not qualify for a VAT-reduced rating.
How to prepare for payroll year-end
As the end of the financial year approaches, businesses across the UK are preparing to navigate the intricacies of payroll year-end.Continue reading
Embracing the future: AI and automation in cloud accounting
Artificial Intelligence (AI) is becoming increasingly advanced so, as a business owner, you need to get on board or you might get left behind.
How do I grow my business internationally?
Many businesses find that they have gone as far as they can in the domestic market and are looking for new frontiers to explore.
Digital fraud: What do you need to know?
Digital fraud, also known as cyber fraud or online fraud, refers to any type of fraudulent activity that takes place in the digital space.Continue reading
Have you made your voluntary National Insurance (NI) contributions?
You will now have more time to make any voluntary National Insurance (NI) contributions, as the deadline has been extended. A Written Ministerial Statement on 7 March 2023 announced that the original deadline of 5 April 2023 has been pushed back to 31 July 2023, in response to public concerns about the closure of the voluntary contribution window.