2025 has brought global trading challenges few could have predicted. From US tariffs to shifting trade alliances, the world of international business is in flux – and it’s already having a knock-on effect for UK SMEs. What’s going on? These changes create both risks and opportunities. What matters is how prepared you are. What should […]
Don’t Be Caught Out: Why Due Diligence Matters
If you’re thinking about buying a business, entering a joint venture, or investing in another company, due diligence is your best friend. It isn’t about confirming that every number is 100% accurate. Instead, it’s about shining a light on what matters most – the risks, the red flags, and the deal breakers you might otherwise […]
Funding Options to Manage Rising Employment Costs
Rising employment costs are squeezing businesses across the UK. National Insurance changes and increases to the National Living Wage are hitting payroll hard – and for many business owners, it’s becoming a real challenge to keep margins healthy. First, understand what the data is showing If you’re feeling the pressure, you’re not alone. Then, consider […]
Small Business Tax Guide 2025/26: How to Maximise Your Take-Home Pay Through Remuneration Planning
As a small business owner, ensuring you structure your income efficiently can make a significant difference in how much you take home after tax. The tax landscape for 2025/26 presents both opportunities and challenges, so understanding the key thresholds and tax rates is crucial for financial planning. The way you receive income, whether as a […]
Spring Statement 2025: What It Means for Your Business
The Economic Outlook: A Tougher Year Ahead The latest forecasts from the Office for Budget Responsibility (OBR) paint a more challenging picture compared to last autumn. Key points include: Government Response: Stability and Growth With the pressure of maintaining stability, the Chancellor stuck to the government’s fiscal rules, reassuring financial markets. Instead of raising taxes, […]
Could this be the best few months to buy a business?
With the news that the Government has increased Capital Gains Tax from today and will reduce the benefit of Business Asset Disposals Relief from 6th April 2025, many business owners will be considering a swift sale of their company before the end of March 2025. Chris Bond discusses why companies should include acquisition as part […]
Spring Budget 2024
Key changes taking effect from 1st April.
The cost of late accounts
Speed matters. If you don’t get them promptly, they give you very out-of-date information to work with when they do limp in.
Here are just five key benefits of receiving your accounts promptly.
Everything you need to know about your director’s loan account (DLA)
Just like a bank account, the director’s loan account can either be in credit or overdrawn, and the status of the account has implications for both your personal and the company’s tax responsibilities.