Technology has become an omnipresent part of daily commerce worldwide. The ability to do business via the medium of technology has helped to create a raft of digital and technological solutions that have revolutionised the way business has been conducted. However, big technological change has always resulted in a slower uptake from small business. However, this isn’t the case in the UK as more SMEs...
The future of the contractor in the wake of the changes announced to IR35 have resulted in a flurry of opinion – the subsequent delay by the Chancellor was likewise met with consternation. Uncertainty has fuelled speculation about what all this means for the future of the contractor and what the Government is trying to accomplish with these changes? This article will explore key themes...
How Prestige Business Management Can Help Your Business Improve Its Cash Flow Experience According to Accountancy Age, on any given day, the total sum owed to small businesses in the guise of late payments total nearly £25,000. This means the cumulative average owed to small businesses every single day is greater than the UK’s average mean salary. This ‘late payment’ cash pile creates cash flow...
The uncertainty, politically, about what Brexit means continues apace as the Government fails to find any modicum of consensus for either a hard Brexit, a soft Brexit or any other kind of Brexit scenario. As the Parliamentary arithmetic remains deadlocked, this creates broader uncertainty within the country. Nowhere is this more relevant than within the offices, factories and shops that make up 60% of the...
The Bad, The Ugly and The Out-of-this-World At Prestige Business Management we understand the pressures faced by small businesses in the lead up to tax return time. Trying to file your return and find all your expenses so you can make sure your accounts are up-to-date can be challenging. However, for some plucky self-employed business professionals some claims and expenses have been found to be...
The Government, HMRC and even the Committee on Climate Change want to shift the burden of taxation even further into the hands of company car drivers. The income tax levels paid by company car drivers have historically been linked to the emission standards of the company car they use. The Worldwide harmonized Light vehicle Test Procedure (WLTP) is set to replace the New European Drive...
The Prestige Business Management Self Employed Guide to Marketing – Want to Market your Goods and Services Like a Pro? You have decided to take the plunge. You want to be your own boss and you think your product or service is good enough for the market but how do you ‘market’ your goods and services? Do you know what ‘branding’ is? This handy...
Introduction Now that “Spreadsheet” Phil, the Chancellor of the Exchequer, has unveiled his latest and now Autumnal budget 2018 to the nation, we at Prestige Business Management wanted to break it down for you. The purpose of this guide is to help enlighten you to the twists, turns, and developments lurking in the 2018 Autumn Budget big red book. This article will breakdown the budget...
The 3 Biggest Technology Innovations Transforming Accountancy Today – And How Prestige Business Management is staying ahead of the curve Technology has the ability to radically overhaul industries. Our society, in the course of the last century, has experienced radical change courtesy of information technology. Yet, this innovation is continuous and today’s ‘game changers’ are starting to impact how accountancy businesses do their work....
In the modern business landscape, the ability for goods to travel across country borders is vitally important. The world is more connected than ever before, and globalisation has led to a huge demand for low-cost imports of popular goods that can then be sold in the UK for profit. If you wish to start an import business so as to enjoy the benefits of this...
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