Business News

21 September 2023

Chief UK economist warns of period of stagnation – How will this affect your SME?

Stagnation is a prolonged period of little or no growth in the economy and it can have a serious impact on your business. Whilst talking to

21 September 2023

When are interest rates likely to fall and why does it matter to you?

After the fourteenth consecutive increase in interest rates since 2021, many business owners will be asking themselves the same thing: “When will interest rates finally fall?”

21 September 2023

Can you afford a £7,300 fine from Companies House?

You must file your company accounts, to avoid late filing penalties, Companies House is warning. All companies must file annual accounts with Companies House each year,

21 September 2023

The rise of the machines – How AI can elevate your SME to new heights

In a world where technological advancements are reshaping industries, small and medium-sized enterprises (SMEs) cannot afford to be left behind. The hesitance to embrace new technologies,

24 July 2023

Inflation and increased interest rates – What does it mean for businesses?

Office for National Statistics (ONS) data revealed that the Consumer Price Index (CPI) – the official measure of inflation – only fell to 8.7 per cent

24 July 2023

HMRC sets its sights on SMEs over UK tax gap

The tax gap in the UK – the difference between the amount of tax owed and the amount that has been paid – remains wider than

24 July 2023

The hidden economy: What income should you declare?

The number of individuals participating in the UK’s ‘hidden economy’ is increasing according to recent research. A surge in additional income streams, from moonlighting to online

24 July 2023

Management accounts: The importance of having a clear view of your business during uncertain times

In times of economic uncertainty, businesses should have a clear plan to ensure that they can navigate any potential financial pitfalls. One of the best ways

24 July 2023

Time to exit: New research shows many business owners are planning ahead

New research from wealth management firm Evelyn Partners has revealed that the majority of business owners with companies that earn more than £5 million annually are

24 July 2023

Are banks supportive of SMEs and willing to assist their growth?

Small and medium-sized businesses (SMEs) have struggled to access finance from banks for a while, with many having to turn to alternative lenders and sources to

15 June 2023

Car vs Van – Tax treatment of electric vehicles

There have been several important tax decisions previously regarding the difference between vans and cars, but how do the different rules regarding electric vans affect their

15 June 2023

Roadside charging – How to account for credit card payments

With a growing number of company car owners using electric vehicles, many are deciding or being permitted to use company credit cards to pay for roadside