In my last blog, I wrote about the £100,000 employee and how a £100,000 salary can quickly become a much bigger number once you add Employer’s National Insurance and pension contributions. Whilst writing that article, Adam asked me how much the cost of employing somebody has actually changed over the last decade. In the office, […]
At some point, many growing businesses reach the same crossroads. The owner is working too many hours, too many decisions still land on their desk and growth has started to feel harder than it should. The answer seems obvious: hire somebody experienced. A senior manager, an operations lead, a finance director, a sales director, somebody […]
Most businesses today take employee wellbeing a lot more seriously than they did a decade ago, as a population in general, we are more aware of mental health and stress and more open to discussing it. Many employers have mental health first aiders, access to employee assistance programmes, occupational health support and managers who are […]
We prepare hundreds of accounts every year and, quite understandably, many clients have exactly the same question, what should I actually be looking at? For many business owners, the accounts meeting is the only time each year they sit down and properly look at the financial performance of the business. You don’t need an accounting […]
The CFO Myth For many business owners, a Chief Financial Officer sits firmly in the category of “things other businesses have.” A CFO sounds like someone employed by a large corporate. The sort of person who spends their days in board meetings discussing shareholder value while wearing a suit that costs more than your first […]
Sold a Property in the UK? The Short Answer Maybe. If you’ve sold a UK residential property and Capital Gains Tax is due, you’ll normally need to report the sale to HMRC and pay any tax due within 60 days of completion. Waiting until you submit your next Self Assessment tax return will be too […]
Most business owners spend a lot of time thinking about growth, but what if sales fell? How do we win more work? Can we recruit another member of the team? Should we invest in new systems? What would it take to reach the next level? They’re all sensible questions. Another question gets far less attention. […]
The football season is back, bringing renewed optimism, fresh signings and the annual belief that this could finally be the year for Adam’s beloved Bradford City! We admire his optimism, even if the rest of us think it might be a slightly longer journey than he’d like! As the season starts, many businesses plan to […]
If you’re a landlord and you’ve heard people talking about Making Tax Digital (MTD), you may be wondering whether it’s something you need to worry about or just another HMRC initiative that doesn’t affect you. The short answer is that many landlords will be affected, and the changes are closer than you might think. Does […]
Not everyone sets out to become a landlord, some people inherit a property, some move in with a partner and rent out their old home, others relocate for work and decide to keep hold of their property rather than sell. Before they know it, they’re receiving rent each month and have unintentionally joined the ranks […]
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