by Gary Woosey | Jul 2, 2024 | Blog, SME
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...
by Gary Woosey | Jun 25, 2024 | Blog, 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...
by Gary Woosey | Jun 19, 2024 | Blog, SME, SMEs
The number of electric cars on our roads is rising rapidly. In 2023 alone, the number of new electric vehicles rose by 18 per cent and there are now some, 1.1 million fully electric cars on UK roads, according to official figures from April 2024. Almost 60 per cent of...
by Gary Woosey | Jun 11, 2024 | Blog
If you’re preparing to start your new venture, there are steps you need to take to make your launch as smooth as possible and comply with commercial law. Planning ahead can help you avoid contravening important regulations and minimise your financial liabilities –...
by Gary Woosey | Jun 4, 2024 | Blog, Finance, SME, SMEs
Staff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what payments you have to make and how to plan for them. Many employers fail to consider statutory payments in addition to regular staff pay....
by Gary Woosey | May 28, 2024 | Blog, Tax
A director’s loan is a form of profit extraction from your company, often used alongside salaries, dividends and expenses. Essentially, you borrow money from your own company that is not accounted for by one of the other profit extraction options. Director’s loans...