Spring Budget 2023

Spring Budget 2023

Just a few days short of the third anniversary of the first Covid lockdown, Chancellor Jeremy Hunt rose to the Despatch Box to deliver the first full Budget to have taken place in 504 days and the first unaffected by the immediate impact of the pandemic since October...
Digital fraud: What do you need to know?

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. This can include fraudulent transactions, identity theft, phishing scams and more. Digital fraud is a growing problem that...
Travel expenses: What do you need to know?

Travel expenses: What do you need to know?

Travel expenses are costs incurred by an employee whilst travelling on behalf of their company, which is away from their usual place of work. Employees can claim tax relief for the money spent on: Vehicle mileage Parking fees Food and drink Public transport costs...
Tips for preventing late payments as a small business

Tips for preventing late payments as a small business

Small businesses saw a sharp increase in the length of time clients took to pay their invoices last month, according to data from accounting software Xero. The amount of time businesses had to wait for payment in January rose by 0.6 days to 30.5 days. On average,...
10 Common Accounting Terms, Explained

10 Common Accounting Terms, Explained

Having general accounting knowledge is crucial for any business owner, especially during tax season. Understanding common accounting terms is highly beneficial, as you will identify how they relate to your business and how it is performing. To help, we have compiled a...