News

Divided opinion over the introduction of new border import controls
07 April 2022

New post-Brexit rules for imports, due to be implemented on 1 July, have provoked a mixed reaction. A trade body is calling for delay while the British Veterinary Association (BVA) says delays to checks risk allowing infectious animal diseases into the country.
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Brexit leaves shortfall in university-led training projects funding
30 March 2022

The Government has been warned that as many as 164 university-led skills and training projects could be halted or axed due to European funding running out by the end of next year – reducing skills and training support for SMEs. The UK Shared Prosperity Fund (UKSPF) will award £2.6 billion of new funding for local investment...
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£1.1m training fund gives helping hand to UK exporters
24 March 2022

British exporters are being offered a helping hand with a training and consultancy package to help them boost their businesses. They are being given access to a £1.1 million programme to help them trade more effectively overseas.
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Spring Statement 2022
23 March 2022

Exactly two years since the first lockdown was announced, the eyes of the public were firmly fixed on the Chancellor, Rishi Sunak, as he rose to the despatch box in the House of Commons to deliver his Spring Statement. Yet again, Mr Sunak found himself addressing MPs against a background of crisis, with the residual...
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Post-Brexit customs rules eased to allow aid to flow to Ukraine
18 March 2022

The Government has relaxed customs rules for goods heading to Ukraine after aid donations to the embattled country were held up due to Brexit confusion. The rules have been eased after post-Brexit bureaucracy left lorries with supplies meant for Ukraine stuck at the border in Dover for days.
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Are you making the most of super-deduction tax relief?
17 March 2022

Businesses across the UK are already benefitting from the temporary tax relief offered by the super-deduction but many more could still be missing out on this vital support. The super-deduction scheme was introduced on 1 April 2021 and will run until 31 March 2023. It allows firms investing in qualifying plant...
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Retain key staff with salary sacrifice schemes
17 March 2022

While the national job vacancy boom is good news for job seekers, it could be a nightmare for businesses keen on retaining high-quality staff. While a pay rise is always welcome it may not always be the most tax or National Insurance efficient approach when compared with other benefits, including salary sacrifice...
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Cash flow statements – How to avoid errors that damage your business
17 March 2022

A cash flow statement provides data about all cash inflows a company receives from its operations and investments. It tells you how much cash is entering and leaving your business in any given period. Along with balance sheets and income statements, it is vital for managing your small business accounting and making...
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How to make the most of cloud-based accounting software
17 March 2022

The cloud is king in the world of accounting, with a vast range of software and applications available, designed to be easy to use by businesses and their owners. The beauty of cloud accounting is that the software can be accessed anywhere that has an internet connection on a range of devices.
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Avoid the pitfalls of the SEISS scheme
17 March 2022

Thousands of taxpayers benefited from the Self-Employment Income Support Scheme (SEISS) as the pandemic raged over the last two years, before its closure last year. The scheme, which involved five grant payments, was set up by the Government to provide support for the self-employed, for example sole traders...
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