by Gary Woosey | Oct 12, 2021 | Uncategorized
The Night Time Industries Association (NTIA) has recently revealed that due to the pandemic, 393,000 jobs have ended across the night-time economy. Included in this figure is 86,000 roles in the “night-time cultural economy” (NTCE). This economy refers to nightclubs,...
by Gary Woosey | Sep 9, 2021 | Uncategorized
Taxpayers face an increase in their National Insurance contributions (NICs) and dividend tax rates from 2022. To explain how this significant change may affect you, please use our helpful FAQ below: How much is the National Insurance rate increasing? The Health and...
by Gary Woosey | Jul 12, 2021 | Uncategorized
Some temporary relief measures introduced under the Corporate Insolvency and Governance Act 2020 (CIGA) are extending, the Government announced on 16 June 2021. CIGA was introduced in June 2020 to support companies facing the threat of insolvency during the height of...
by Gary Woosey | Jun 21, 2021 | Uncategorized
Many individuals who have spent their livelihoods building, running, and maintaining a successful business, often intend to pass on their accomplishments to a family member, close relative or trusted employee. The process of succession planning is one all businesses...
by Gary Woosey | Jun 4, 2021 | Uncategorized
Reminder letters are being sent out to tens of thousands of UK companies explaining changes in the Making Tax Digital (MTD) system and how it affects them. HM Revenue & Customs (HMRC) is writing to more than 150,000 VAT-registered businesses who don’t hold a valid...
by Gary Woosey | May 25, 2021 | Uncategorized
If you manage a business and record its expenses and revenue, you need to find a recording system that suits you. While cash basis accounting has its benefits, accrual accounting can be a more powerful tool for operating your business. So what is the difference? This...