With the rapid adoption of Artificial Intelligence (AI) across various industries, businesses are increasingly integrating AI into their operations. While we have previously explored the dangers of AI, there are real benefits of the technology if used sensibly and cautiously. AI offers ...
READ MOREIt goes without saying that submitting tax payments promptly is a necessity for businesses, not only to remain compliant but also to avoid unnecessary fines and penalties. Late payments can result in financial penalties and interest charges of varying amounts, which ...
READ MOREWith businesses across the UK adopting Artificial Intelligence (AI) into their business in some form or another, it’s time to take a look at the genuine dangers of using it that warrant careful consideration. There’s no denying that AI has proven ...
READ MOREDirectors' loans are money you borrow from your company, distinct from salary, dividends, or reimbursed expenses. These loans must be recorded as a liability on the company's balance sheet and repaid under agreed terms. You can use directors' loans to cover short-term ...
READ MOREAs a UK business owner, you should always be looking for new ways to streamline your operations and enhance the efficiency of your business. In 2024, that means investing in financial technology, sometimes referred to as ‘fintech’. From advanced cloud accounting ...
READ MOREThere have been a lot of political changes in recent months, but the outlook for small and medium-sized enterprises (SMEs) remains gloomy. According to recent research by Virgin StartUp, half of small business owners are worried their business might not survive ...
READ MOREHM Revenue & Customs (HMRC) has recently issued a warning to employers regarding the proper use of workplace nursery schemes. Business owners must have a thorough understanding of the rules surrounding workplace nursery schemes to remain compliant and avoid running the ...
READ MOREThe recent announcement by the new Labour Government to introduce a National Wealth Fund has sent ripples of excitement throughout the business community. With £7.3 billion in funding from the UK Infrastructure Bank, this initiative promises to be a significant boon ...
READ MOREIn recent reports, former Prime Minister Sir Tony Blair has forecasted potential tax increases that could have an impact on businesses across the UK. The Tony Blair Institute's chief economist predicts taxes may need to rise by 1.9 percentage points of ...
READ MOREWill Labour's agenda in the King's Speech signal major tax changes for businesses in 2025? As the opening of Parliament approaches on 17 July, businesses across the country are bracing for the King's Speech, which is expected to outline the Labour ...
READ MORE© Walker Begley 2024. All rights reserved. Regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Registered in England and Wales no. 5280582