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Strike the right balance between AI and human efforts

Jul 02, 2024

We can all agree that with the advancements in Artificial Intelligence (AI) – whether we want it to or not – traditional business practices are rapidly evolving. AI is providing solutions to transform processes and conduct the repetitive tasks that would ...

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Are you planning a rebrand for your business? Here are some financial factors to consider

Jun 27, 2024

Rebranding isn't just about designing a creative new logo or catchy tagline—it's about capturing the essence of your company's identity, core values, and reputation. Think of branding as the signature that makes your company memorable. When you see the overlapping red ...

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Protect your business against deepfake fraud scams

Jun 25, 2024

Deepfake technology has made significant advancements thanks to the progress in artificial intelligence (AI), enabling scammers to replicate a person’s appearance and mimic their voice in mere minutes or even seconds of video footage. This deceptive technology can have disastrous repercussions ...

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Support your team on and off the clock with childcare reforms

Jun 20, 2024

As an employer, it’s crucial to support your team not only during working hours but also in their personal lives. Recognising and promoting benefits that improve their daily lives, like easing the financial burden of childcare, is essential for keeping employees ...

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Thinking of investing in electric cars for your business? – Here’s what you need to know

Jun 19, 2024

The number of electric cars on our roads is rising rapidly. In 2023 alone, the number of new electric vehicles rose by 18 per cent and there are now some, 1.1 million fully electric cars on UK roads, according to ...

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Starting a new business? What you need to know

Jun 11, 2024

If you’re preparing to start your new venture, there are steps you need to take to make your launch as smooth as possible and comply with commercial law.   Planning ahead can help you avoid contravening important regulations and minimise your financial ...

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Getting ready for your financial audit

Jun 06, 2024

Facing your first financial audit can be intimidating, yet it is an essential task for many businesses. Why are you being audited? Understanding the purpose behind your audit is the first step. Audits generally occur for three primary reasons: You are legally ...

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Managing staff costs: Statutory payments and compliance

Jun 04, 2024

Staff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what payments you have to make and how to plan for them. Many employers fail to consider statutory payments in addition to ...

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What should you avoid when transitioning to Making Tax Digital for Income Tax Self-Assessment?

May 30, 2024

From April 2026, the Government’s Making Tax Digital (MTD) initiative will move to target self-employed individuals and landlords. If you earn over £50,000 a year, you must adopt MTD-compliant software to maintain digital records and provide Income Tax updates. This will ...

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Director’s loans – A missed tax planning opportunity?

May 28, 2024

A director’s loan is a form of profit extraction from your company, often used alongside salaries, dividends and expenses.   Essentially, you borrow money from your own company that is not accounted for by one of the other profit extraction options.   Director’s loans ...

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