Blog
How to increase prices for your product or service
There comes a time when every business needs to seriously consider raising its prices in order to become more profitable, or even to stay afloat. There are so many reasons why a business might need to increase its prices, like inflation, increased rent, higher staff...
Tensions rise between No 10 and Chancellor over COVID taxes
Tensions are set to rise between Boris Johnson and Rishi Sunak as the government looks for ways of patching up Britain's Covid-hit economy. The duo appear to be on conflicting paths as they try to plug a £400 billion financial hole as a result of the pandemic. The...
Top tips for finding your ideal clients
As an entrepreneur, you might be tempted to think that everyone needs your products and services, but that is not true. Marketing to the general public will do more harm than good because it requires a considerable marketing...
EMI Schemes – What are they and how can they benefit your business?
Running any successful business takes hard work, dedication and a constant desire to move forward. It also involves looking at the various schemes available which can help you grow. One you may have heard of before is an EMI Scheme. While you might have come across...
Four things you didn’t know your accountant could assist with
Everybody is fully aware that an accountant can play a key role in ensuring that your taxes get filed on time, meaning you’ll never end up with a pesky fine. However, far from simply being there to balance the books, accountants...
Deadline for applying for COVID-19 finance extended
The Government launched four temporary Government-backed schemes to provide finance to businesses struggling as a result of the COVID-19 pandemic: the Bounce Back Loan Scheme (BBLS); the Coronavirus Business Interruption Loan Scheme (CBILS); the Coronavirus...
New rules for claims under the CJRS
New rules for claims under the CJRS The second and final phase of the Coronavirus Job Retention Scheme (CJRS) runs from 1 July 2020 to 31 October 2020. During this phase, furloughed workers may return to work part-time under the flexible furloughing provisions. New...
Reduced rate of VAT for the hospitality sector
To support businesses and jobs in the hospitality sector, the reduced (5%) rate of VAT applies to supplies of food and non-alcoholic drinks from restaurants, pubs, bars, cafés and similar establishment across the UK for a temporary period from 15 July 2020 to 12...
Changes to trading activities as a result of COVID-19
Changes to trading activities as a result of COVID-19 The COVID-19 pandemic and restrictions on trade have led many businesses to change what they do in a bid to survive. An example of this is the village pub opening instead as a local shop selling food and other...