Blog
The voice of NW4
We try to share topics we think may interest you or even benefit you.
We’d like to think we succeed some of the time.
Helpful Guide Summarising Government Support for Businesses
Over the course of the year the government has responded to the devastating financial impact of Covid-19 on businesses with a number of packages of support to help businesses of all sizes. Ranging from support to help pay employees and business owners, to grants and...
Emerging from lock-down
As we emerge from lock-down, what is going to change in your business? Our April newsletter referred to the need to be change-ready and how you can self-assess, (with our diagnostic tool). But we’re now reaching the stage for action. We strongly advocate the use of a...
Paying too much Corporation Tax? Here’s one way to pay less…..
The most recent government numbers confirmed that 23% more SME’s had claimed R&D Tax Credits in 2013-14 compared with the previous year. This is still a tiny proportion (less than 2%) of the number of companies who are likely to be eligible and could...
A Taxing Issue: Why tax ‘planning’ isn’t always a dirty word.
Helping clients to be as tax efficient as possible was once seen by accountants and business advisers as a creative challenge. An interesting – and dare I say enjoyable – part of the job. Finding a legal and effective path through the maze of tax law to...
WHY CLOUD ACCOUNTING SHOULD NEVER REPLACE GOOD ADVICE
I’m not a technophobe—I’ve always been something of an ‘early adopter’. And I’ve always used technology to try and work more efficiently and to provide a broader set of services for my clients. But there are now many...
More than Words: How business leaders can make their plans a reality
Good leadership. A mercurial set of skills and values. Qualities that give those who wield them the ability to plan for success. But what happens when a leader gets bogged down in the detail? How can leaders recognise the bad behaviours that adversely affects their...
Are you ready for MAKING TAX DIGITAL (MTD)?
Scope 1. All businesses with UK taxable turnover over the VAT threshold (which is currently £85,000 in any 12-month period). 2. MTD applies to the first return period commencing on/after 1 April 2019, (except for businesses listed on the attached link, who can defer...
Automatic enrolment: navigating the workplace pension minefield
Automatic enrolment. What is it…? Automatic enrolment (AE) is a change to UK pension law. It means that if you employ at least one person you have legal obligations to enrol certain members of staff into a pension scheme. It also means your business needs to...
DO YOU REALLY NEED A BUSINESS PLAN?
Clients often say they don’t need a business plan because: They don’t need to raise finance. We say, but what about setting your targets for the next financial period? They have all their plans in their heads. We say, by committing your thoughts to paper,...
4 Pricing mistakes to avoid
In our work we have found that the reviewing of pricing methods and strategies provide the quickest improvement to the profitability of a business. Many businesses are unknowingly giving away profit. Price can be adjusted immediately and the effect flows straight...
Cashflow is King. How to keep a better grip on small business finances
There’s been an 8% increase in the amount of money owed to London based SMEs due to late payment of invoices. It’s nothing new. SMEs have always had issues collecting outstanding sums of money from their clients. But that’s a big increase! And, when...
A CHANGING ENVIRONMENT
Changes in lifestyles, the economy, globalization and developments in technology are affecting the way businesses and their customers interact. Within the last few years there have been dramatic changes in the areas of • Communication – Personal Media • Customers –...
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