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10 Reasons Why It’s Important to Have a Business Plan
It’s estimated that a quarter of small and medium businesses in the UK don’t have a Business Plan, and that less than half of those businesses that have a plan have a formal plan which is documented. In addition, less than half of UK businesses have a Succession...
Top 5 Tips – Everything You Need to Know When Applying for the Furlough Scheme
The furlough scheme needs no introduction. Here are some important points to consider when claiming furlough for employees Tip 1 - Keep Good Records The Coronavirus Job Retention Scheme is a pay now and check later scheme. This means HMRC are dishing cash out now and...
3 Important Tax Tips – For Right Now!
https://www.youtube.com/watch?v=WIJa3IHHRjE
10 Tips for Surviving a Recession
The economy isn’t always hunky dorky, periodic recessions are inevitable. When there’s a drop in spending the economy contracts and a recession ensues. Here in the UK we define a recession as the economy contracting for two consecutive quarters. With...
10 Smart Tax Tips for Businesses
No entity, person or business should pay any tax unnecessarily. There are laws and rules that absolutely need to be followed, and when those laws and rules are followed only the tax that has to be paid, is paid. So, with this in mind, here are 10 smart tax tips...
12 Cash Flow Tips for Businesses
Cash can, quite literally, make or break a business. It’s an incredibly important asset to any business, so here are our top 12 cash flow tips for businesses. Realistic Forecasting As sales people, business owners and managers we have to be optimistic. However,...
10 Tips for COVID-19 Business Survival
COVID-19 needs no introduction, nor does the difficulty it poses for businesses. So, with this in mind, here are 10 tips for COVID-19 business survival Utilise Government Support It’s there to be used; so, understand what government support is available for your...
COVID-19 Government Assistance
The UK government has released a large support package for UK based businesses during the COVID-19 crisis. Here’s some information around each of the package elements. Contents Coronavirus Job Retention SchemeStatutory Sick Pay Relief (SMEs)Deferring July...
Budget 2020 – What it Means for Your Business
The new tax year is upon us! Albeit a rocky start to the new tax year, but even Coronavirus can’t stave off its beginning. So, here we have for you an update on things you might need to know about this new tax year, 2020/21. Highlights For Individuals Income...
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