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Labour’s election win – Understanding its impact on your finances

As the sun rose on Friday morning, Labour began its celebration of a significant victory, claiming a majority that fell short of its last landslide success in 1997.  With a manifesto focused on change, its proposals for the next five years of Parliament are far-reaching, but not revolutionary.  Now in power, it is important to…Read More

Strike the right balance between AI and human efforts

We can all agree that with the advancements in Artificial Intelligence (AI) – whether we want it to or not – traditional business practices are rapidly evolving. AI is providing solutions to transform processes and conduct the repetitive tasks that would usually take a fair bit of time out of our daily routine without its…Read More

Employee share schemes: Retaining and rewarding through tax-advantaged plans

Employee share schemes have become increasingly popular over the last few years, particularly with start-ups, scale-ups and tech companies. They are widely recognised as effective tools to attract, retain and motivate your employees. The schemes available provide opportunities to give their employees a stake in the company, making them feel as though they own a…Read More

The complexities of property tax – what you need to know

Property tax isn’t just a numbers game—it’s a crucial part of owning real estate. Whether you’re managing rental properties or building your investment portfolio, understanding the ins and outs of property tax is essential. Selling your property business? – Here’s what you need to know about Capital Gains Tax Capital Gains Tax (CGT) is the…Read More

Protect your business against deepfake fraud scams

Deepfake technology has made significant advancements thanks to the progress in artificial intelligence (AI), enabling scammers to replicate a person’s appearance and mimic their voice in mere minutes or even seconds of video footage. This deceptive technology can have disastrous repercussions from financial loss to reputational damage. Earlier this year, we saw the engineering giant…Read More

Incentivising sustainable business practices for SMEs

It’s Clean Air Day this week, so the focus of the business community is on adopting green practices to become more sustainable – but cost is always a concern. When implementing new working practices or benefits, you’ll need to plan carefully around existing cash flow strategies, as sustainable schemes aren’t always optimised for cost-effectiveness. Thankfully,…Read More

Navigating pricing strategies in a cost-of-living crisis

Setting the optimal price for your products can be difficult to navigate. When you set your price too low, you undervalue your efforts and the quality you provide. When you set the price too high, you risk potential customers walking away. Striking the right balance is crucial to ensuring both you and your customers are…Read More

Six simple ways to cut your business costs

The last few years have been challenging for many businesses across the UK. Between the aftereffects of Covid, inflation and issues with the supply chain, it has become increasingly difficult to make a profit. High or fluctuating costs can be a significant risk for any business. This is particularly true for small businesses, which often…Read More

New advisory fuel rates for electric company cars 

HM Revenue & Customs (HMRC) has recently announced new Advisory Fuel Rates (AFRs) that will take effect from 1 June 2024.   These changes include a reduction in the Advisory Electric Rate (AER) for electric vehicles – which can be highly tax efficient.  Many businesses have invested in electric fleets, which presents a slight problem for…Read More

The increase to Companies House fees: What you need to know

As of 1st May 2024, Companies House has implemented revised fees, marking a significant change in the cost structure for various services. This adjustment stems from the Economic Crime and Corporate Transparency (ECCT) Act, introducing measures that inevitably increase operational costs for Companies House. Understanding the impact The fee revisions encompass a range of services,…Read More

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