Accepting Crypto Payments With the growing popularity of crypto currencies, some businesses have started to accept crypto payments. In simple terms, cryptocurrency is a form of digital money. It can be used for online transactions and is designed to be secure. The...
Blog
WHY INFLATION MATTERS TO YOU
Inflation has become the hot topic in financial circles. Low interest rates and quantitative easing, the process by which central banks pump new money into the economy may well be vital to getting the economy running again – but they can both also stimulate inflation....
What the Metaverse could mean for business
What is the Metaverse and what do businesses need to know about it? With the recent rebrand of Facebook’s parent company to Meta, many are asking questions about the Metaverse and what it means for their firms.The concept of the Metaverse is quickly becoming a...
Budget 2021
BUDGET 2021 On 27 October 2021, the Chancellor delivered his third Budget in conjunction with the Public Spending Review. Many of the spending announcements had already been leaked to the Press prior to Budget Day and arguably a lot of it was not new money. The...
Budgeting for the year ahead
Budgeting for the year ahead As we come to the end of 2021, it’s a great time for you to start thinking about budgeting for the year ahead. Business planning and setting budgets is become increasingly complicated in today’s uncertain and volatile marketplaces. We have...
Newsletter October 2021
Newsletter October 2021 In our newsletter October 2021 Covered in the newletter: Do you really need to be busy Increases in NIC and tax on dividends HMRC postpone the start of MTD for Income Tax The end of Furlough for employers The increase in VAT rates for the...
How busy are you?
How busy are you? Too Busy! What would your reaction be if you were chatting to a friend with a small business and you asked them "How busy are you?" and their reply was “Not really, I suppose I only do two or three days a week!” You might feel concerned for them and...
NIC and Dividend Tax Rates
Proposed NIC and Dividend Tax Rates The government has recently brought forward plans to change the funding of social care with a proposed increases in NIC and dividend tax rates . It is proposed that there will be a 1.25% rise in National Insurance Contributions...
Making Tax Digital for Income Tax
Government Postpone Making Tax Digital for Income Tax to 2024/25 Having listened to stakeholder feedback from businesses and the accounting profession, the government have announced that they will introduce Making Tax Digital for Income Tax Self-Assessment (ITSA) a...