Financial Management vs Bookkeeping: UK Business Owners’ Big Mistake
Ask any UK business owner what their biggest headaches are, and “the finances” will be near the top of the list. Yet when pressed further, …
Are You Confusing Bookkeeping with Financial Management?
For many small and medium-sized enterprises (SMEs) in the UK, the words bookkeeping and financial management are often used interchangeably. On the surface, both deal …
The Complete Finance Function Your SME Actually Needs
Running a small or medium-sized enterprise (SME) in the UK is both exciting and challenging. While most entrepreneurs start with a great idea, a strong …
PAYE Settlement Agreement (PSA) – A Smarter Way to Handle Tricky Staff Expenses
If you’re an employer in the UK, you’ve probably come across situations where you’ve provided a small gift, thrown a staff party, or reimbursed a …
National Insurance changes from April 2025
Last October Chancellor Rachel Reeves announced some far-reaching National Insurance changes which will affect employers from April 2025. She also confirmed the rates applying to …
Spring Statement 2025: A Detailed Analysis
On 26 March 2025, Chancellor Rachel Reeves delivered the Spring Statement, outlining the government’s fiscal policies aimed at ensuring economic stability, reforming public services, and …
End your FHL business by 5 April to benefit
The favourable tax regime that applies to landlords letting furnished holiday accommodation comes to an end on 5 April 2025. For 2025/26 and later tax …
What counts as agricultural property for APR?
Farmers have been hitting the headlines of late following the October 2024 Budget announcement that the rate of agricultural property relief and business property relief …
Relief for interest on mixed residential and commercial properties
The way in which unincorporated landlords obtain relief for interest depends on the nature of the property that they let. Where the property is a …
Tax on Selling Your Company: Cash vs Loan Notes
There comes a time in every business owner’s life when retirement looms and thoughts turn to succession planning. Planning should ideally start two years before …
Defining temporary workplaces and tax implications
Most employees can identify their permanent place of work because it is where they regularly go to work. However, post-Covid, many workers work primarily from …
Online claim for expenses tax relief
Employees who incur expenses in undertaking their job may be able to claim tax relief for those expenses where they are not reimbursed by their …
