The festive period is over, and January brings a fresh start. Before you get swept up in the new year, take an hour or two to sort out your financial records from the Christmas rush. Your future self (and your accountant) will thank you. Why Tackle This Now? Receipts fade, details get forgotten, and paperwork […]
The 31st January deadline looms large in every tax payer’s calendar. It’s the final date for submitting your self-assessment tax return for the previous tax year and paying any tax owed. But life happens, circumstances change, and sometimes deadlines slip past! If you’re reading this with a sense of dread because you’ve missed the deadline […]
As we start 2026, now is the perfect time to establish clear financial goals that will guide your business towards sustainable growth and success. Whether you’re a startup finding your feet or an established company looking to scale, setting well-defined financial objectives is crucial for making informed decisions throughout the year. Why Financial Goal-Setting Matters […]
Every tax year brings a fresh opportunity to make the most of your tax-free savings and investment allowances. Yet millions of people leave valuable tax relief on the table simply because they’re unsure how to use their allowances effectively or leave planning until it’s too late. ISAs and pensions remain two of the most powerful […]
Running a limited company comes with significant responsibilities, and nowhere is this more apparent than when year-end arrives. Between Companies House filings, HMRC returns, and internal documentation requirements, it’s easy for even the most organized director to feel overwhelmed. Missing deadlines can result in automatic penalties, reputational damage, and unwanted scrutiny from regulators. Yet with […]
On Wednesday, Rachel Reeves presented her 2025 Autumn Budget to Parliament. She described it as a budget for fair taxes, strong public services and a stable economy. We have highlighted some of the key announcements below. Tax Rates and Thresholds The freeze on income tax and NIC thresholds will be extended for a further 3 […]
The festive season represents the most crucial trading period for retail and hospitality businesses across the UK. Whilst Christmas can deliver exceptional revenues, it also presents unique financial challenges that require careful planning and management. From VAT obligations to cash flow pressures, getting your finances right during this peak period can make the difference between […]
As we approach 2026, business leaders face an increasingly complex economic landscape requiring sophisticated budget planning approaches. With inflation volatility, evolving regulatory requirements, and shifting consumer behaviours continuing to impact business operations, the importance of robust financial planning has never been greater. Successful businesses are those that move beyond traditional budgeting methods to embrace comprehensive […]
The end of the third quarter is the perfect time for business owners to take a step back and evaluate their financial performance. While daily operations often consume our attention, quarterly reviews provide crucial insights that can make or break your business’s success in the final stretch of the year. For small to medium enterprises, […]
As a business owner turning over between £500,000 and £1 million, you’re in good company. You’ve built something substantial, created jobs, and are contributing significantly to the UK economy. But here’s the question that keeps many owner-managers awake at night: Am I actually making enough profit for all this effort and risk? If you’re not […]
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