Everyone deserves a place of work where they have the capacity to achieve their best. An inclusive workplace is where every team member feels safe being their authentic self. Your workforce will be more productive when they feel valued and respected. Creating and maintaining an inclusive workplace is a business-wide responsibility. Here we look at some of the best ways to support inclusion at your...
July 2022 News Update – featuring additional news developments from our newsletter series. Stay informed with the latest news in business support and financial affairs. Key Dates Coming Up Corporation tax due – 1 August for accounting periods ended 31 October 2021 where not payable by instalments P46 (car) forms due – 2 August for the quarter ended 5 July 2022 (where benefits not payrolled)...
The recent extreme heat and the ongoing disruptions to the energy market are tough events to manage for every business. One thing we can do is take control of energy efficiency in the workplace with a green workplace strategy. Hopefully cutting costs and protecting the environment at the same time. Green Workplace Strategy There are a number of small ways to improve your business’s energy...
The recent rises in energy costs are no doubt worrying for households and businesses alike. There is little wiggle room in the energy market to seek cheaper suppliers. However there are some other ways to strengthen your business and manage business energy costs. What Caused the High Energy Costs? There are a number of factors that have led to the rise in energy costs. An...
A profit and loss statement is a precise document that outlines the income and expenditure of your business over a set period. Often produced quarterly and at the end of the financial year, your profit and loss is a clear statement of the financial health of your business. It can be used to analyse the performance of your business activities. What is a Profit and...
Starting a new business can be daunting. Beyond your great ideas there is paperwork, legal responsibilities, marketing, operations and hiring staff and you want to get it all just right. Striking this balance can be a challenge, especially in the early days. It might surprise you to know that one of the most supportive partners you can have on your team will be your accountant,...
Tax is a charge paid to the government by individuals, consumers and businesses. A direct tax is paid directly by a person or business to the government from wages or profits. These are known as income tax and corporation tax. An indirect tax is applied to goods or services at the point of sale, known as value added tax (VAT). These are the government’s main...
February 2022 News Update – featuring additional news developments from our newsletter series. Stay informed with the latest news in business support and financial affairs. Key Dates Coming Up Corporation Tax Due – 1 March For accounting periods ended 31 May 2021 (where not payable by instalments) VAT Returns and Payments Due – 7 March For month or quarter ended 31 January 2022. Corporation Tax...
Capital gains tax is the tax charged on the increase in value of an asset that you sell, which you have held for more than one year. The amount of tax due, is calculated on the amount of gain made. This is the increase in value of the sale price, compared to the purchase price. What is Capital Gains Tax Charged On? This guide will...
Knowing how to write a cashflow forecast is an important part of running any business. Whether you are a start-up, or a sole trader, a good cash flow forecast can help you plan for the year ahead and make good business decisions along the way. The knowledge for how to write a cashflow forecast may not be something you have had an opportunity to learn,...
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