The Government left it to the very last minute to announce its tax plans for 2020/21. Fortunately, Chancellor Rishi Sunak had few surprises up his sleeve in the Spring Budget.
Identifying unrealised potential Take your profit and loss (P&L) statement, for example. In itself, it simply provides a historical record of how your business has already performed – it does not explain how to improve your performance in the future. But our...
A number of businesses use contractors and subcontractors to carry out short-term work or to supply specialist skills on specific projects. Outsourcing work like this can be cost-effective and can make use of particular knowledge, experience and skills that may not...
The question as to whether someone is employed or self-employed is not as straightforward as it might at first appear. Many people assume they are free to choose, but HMRC state this is not the case. How do you decide? Although there is no clear-cut answer to this...
Introducing the discipline that finance management brings means a business is much better placed to organise and plan its development. Most financial management is relatively simple to implement, and the advantages of doing so far outweigh the time and resources...