A beneficial loan is made by your company to someone it either employs or will employ in the near future where the loan is not repaid in full at the employee’s next payday.  Read More

Many newer firms, in an attempt to lure the very best talent away from their current employer, are offering a shareholding in their companies as part of their employment package. Read More

If you have five employees in your business and you would like to grow that number to fifty, does that mean you will make ten times the level of profit? Or will it just make the headache of running your business ten times as bad? Read More

Businesses, cash flow, supporting the England football team, and life all have one thing in common – they have their ups and downs. Sometimes, it feels like you’re constantly fighting fires running your company. Cash flow is, arguably, the most important business performance metric in any firm and when cash flow is tight, the effects are felt across every area of an organisation. Read More

The best tips on how to sell your business are the most obvious ones. However, if you’ve never sold a business before, the whole process can look very daunting from the outset. Read More

Accountants are there to help their clients at every stage of their business from set-up to growth. Companies at different parts of their life cycle will look for external funding to either help them increase staff numbers, assist with asset or machinery purchase, or for a financial cushion when trading is going through an unexpected lull. Read More

VAT is a complicated tax – perhaps one of the most complicated there is for most SMEs. So, if you make a mistake, what do you need to do to amend your VAT return? Read More

It’s not quite the same as the excitement and anticipation you feel in the countdown to your birthday or to Christmas Day. The countdown to Making Tax Digital isn’t exactly tinged with the same degree of positivity as these annual extravaganzas but you can consider yourself officially part of this mass participation event if you’re VAT registered and your turnover exceeds £85,000. Read More

Fraud costs the UK £190bn a year, according to credit reporting agency, Experian. Everyone, it seems, is a target from people at home being duped into questionable investment schemes to fake emails for non-existent invoices being sent to none-the-wiser accounts clerks. You can be defrauded in the street, by email, on the phone, or by post – no-one is immune. Read More