The role of a small or medium business leader is often a pressured one, and the difficult times 2020 has brought only adds to this. Lockdown in general is taking its toll on mental health, and it’s important to recognise that and take steps to help. It’s...
It’s estimated that a quarter of small and medium businesses in the UK don’t have a Business Plan, and that less than half of those businesses that have a plan have a formal plan which is documented. In addition, less than half of UK businesses have a Succession...
The furlough scheme needs no introduction. Here are some important points to consider when claiming furlough for employees Tip 1 – Keep Good Records The Coronavirus Job Retention Scheme is a pay now and check later scheme. This means HMRC are dishing cash out...
The economy isn’t always hunky dory, periodic recessions are inevitable. When there’s a drop in spending the economy contracts and a recession ensues. Here in the UK we define a recession as the economy contracting for two consecutive quarters. With recessions being...
No entity, person or business should pay any tax unnecessarily. There are laws and rules that absolutely need to be followed, and when those laws and rules are followed only the tax that has to be paid, is paid. So, with this in mind, here are 10 smart tax tips...