Management accounts are a set of regular reports created to provide insight on the financial performance of your business. Generally produced monthly or quarterly, they are essential to how you operate, allowing a better understanding of your current financial position, and ...
READ MORERecent plans to reintroduce tax-free shopping for international visitors in the UK have been scrapped. Last month, former Chancellor, Kwasi Kwarteng reintroduced tax-free shopping as part of his mini-Budget. However, the new Chancellor, Jeremy Hunt, repealed this measure in his fiscal statement ...
READ MOREDid you know that an estimated 28.5 billion paper trade documents are printed and distributed across the globe every day? The Electronic Trade Documents Bill, introduced to parliament yesterday, aims to reduce this figure, as well as boost the UK’s international ...
READ MOREWhen running a business, ensuring you get VAT right is vital. So, how can you make things easier? Designed to streamline record-keeping, the VAT Flat Rate Scheme allows you to pay or claim back a simplified fixed rate of VAT to ...
READ MOREEnvironmental, Social and Governance (ESG) is a set of regulations designed to assess a business’ influence on society, the environment, and its transparency on such matters. With the CBI revealing that ESG impacts two-thirds of those looking to invest in a business, you ...
READ MOREActing as a silver lining amidst a storm of uncertainty, the crashing pound is likely to attract more US visitors to the UK, it has been suggested. The pound plunged to a record low against the dollar after the Chancellor, Kwasi ...
READ MOREAn £884 million loan scheme for new businesses is to be expanded, it has been revealed. Announced by Business Secretary Jacob Rees-Mogg last week, there are 33,000 new loans available, offering much needed financial support to start-ups across the UK. The scheme’s ...
READ MOREChancellor Kwasi Kwarteng's mini-Budget has scrapped a planned rise in Corporation Tax as part of a wide-ranging raft of tax-cutting measures announced last week. The Government says the move to scrap the rise will save £18.7 billion per year by 2026 as ...
READ MOREWith a new King at the Palace and a new Prime Minister at Number 10, it was no surprise that the new Chancellor at Number 11 used his first statement to the House of Commons to signal a ...
READ MOREA recent legal case has concluded that private limited companies operating under Model Articles must have at least two directors. Before the ruling, under article 7(2) of the Model Articles, it had been widely assumed that if a business had a ...
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