by Gary Woosey | Dec 5, 2023 | Blog, Finance, SME
Accounting standards that impact businesses’ financial reporting are prone to the odd reshuffle every now and then, so it is important for business owners to stay informed. One such standard is International Accounting Standard 32 (IAS 32), which plays a key role in...
by Gary Woosey | Nov 28, 2023 | Blog, SME, Tax
Between the 2020/21 and 2022/23 tax years, there was a 21 per cent rise in tax investigations into SMEs, highlighting the fact that HM Revenue & Customs (HMRC) has ramped up its interest in this area. With this in mind, compliance has never been more important....
by Gary Woosey | Nov 22, 2023 | Tax
With a General Election looming on the horizon, Jeremy Hunt rose to deliver his second Autumn Statement as Chancellor in the knowledge that his latest measures could have a substantial impact, not only on the future economic success of the nation but the electoral...
by Gary Woosey | Nov 21, 2023 | Blog, Finance, SME
The current economic climate is less than favourable for small and medium-sized enterprises (SMEs). Due to this, it is important for SMEs to continually seek innovative and efficient ways to fuel their growth and overcome financial challenges. One innovative solution...
by Gary Woosey | Nov 14, 2023 | Blog, Finance, Payroll, SME
The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements. Changes in holiday entitlement calculation The Government has opted against adopting a 52-week reference period for holiday...