News

Our top tips for hiring your first employee
23 May 2022

There has been a surge in new company formations in the last few years, as entrepreneurs develop new and exciting business ideas and bring them to market. On top of this, there are a growing number of workers with ‘side hustles’, who are quickly scaling up their operations to deal with demand from their customers and clients.
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Revenue updates guidance on tipping apps
23 May 2022

When HM Revenue & Customs’ (HMRC’s) current guidance on the tax treatment of tips and troncs was first published back in 2014, tips and troncs were paid almost exclusively in cash or through card transactions.
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Expansion of the Trust Registration Service – What you need to know
23 May 2022

From 1 September, changes to the rules regarding the Trust Registration Service (TRS) mean that more trusts will need to be registered with HM Revenue & Customs. The TRS was introduced five years ago to make the beneficial ownership of assets held in trust more transparent.
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Post-Brexit row over Northern Ireland sparks trade war fear
19 May 2022

The UK Government has announced it will introduce a new law to change the post-Brexit trade deal for Northern Ireland, known as the Northern Ireland Protocol. Foreign Secretary Liz Truss insisted the bill would be legal under international law, but the EU has warned it could trigger a trade war and will pursue a legal...
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Recovery in exports, but uncertain outlook for post-Brexit UK, says survey
10 May 2022

A recovery in UK exports reported in February by The Office of National Statistics (ONS) has been short-lived, according to a new survey. It comes as figures from Germany suggest post-Brexit trade between the two countries has dropped sharply.
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Ports consider legal action after border controls delayed again
05 May 2022

Further delays on border controls at UK ports caused by Brexit have led to some of the country’s biggest ports threatening to sue the Government. According to the Guardian newspaper, they are considering legal action to recover the costs of building border control posts they fear will never be used...
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What impact are Brexit rules having on EU-UK trade?
28 April 2022

Businesses have had to get to grips with many changes to trade with the EU in the post-Brexit era and a new study has suggested that new rules introduced last year have caused a “major shock” to UK-EU trade.
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Setting up in the EU – An alternative solution to Brexit trade challenges?
22 April 2022

Many businesses are still trying to get to grips with the new and changing EU-UK trade rules more than two years on from Brexit. However, a growing number of UK companies are trying an alternative approach – setting up in the EU.
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Don’t ignore the warning signs that you or a customer’s business is in trouble
21 April 2022

You have worked long and hard to get your business up and running and have put your heart and soul into making it successful. The thought of losing it can be incredibly stressful, both for you and any employees who could lose their jobs.
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Keeping a lid on business expenses
21 April 2022

It is always a challenge to keep costs down for businesses, particularly at a time of soaring inflation and steep rises in the cost of utility bills. An expense report is designed to report on any business-related expenses an employee incurs, either by using a company credit card or by using their own funds.
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