Yearly Archives: 2016

Buying a Residential Property: What Will You Pay?

December 21st, 2016

Stamp Duty Land Tax (SDLT) is becoming increasingly more complex as HMRC tighten the legislation around the purchase of residential properties. It’s now widely known that individuals purchasing a second residential property will pay an additional 3 per cent on top of the usual SDLT rates. However, the rules around companies purchasing residential properties are […]

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Make hiring work for your business

December 13th, 2016

By Andrew Dawson-Gerrard, founder and managing partner at Firstcomm Recruitment Ltd. Most SMEs don’t have highly developed HR functions. Yet without recruiting and retaining the right talent, businesses cannot grow successfully. With more than 20 years of industry experience and as an owner of a boutique recruitment business myself, I always encourage business owners to […]

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Check the Pulse of Your Business

December 8th, 2016

Author is Danny Evans, client manager at Champion Accountants A healthy body demands routine checks and examinations. And awful healthy food like broccoli. But we don’t have to talk about that. A healthy, thriving business needs the occasional check-up as well. No matter what stage your business is at, you must check its systems, pay attention to […]

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Autumn Statement Reaction 2016

November 24th, 2016

Philip Hammond delivered his first and last Autumn Statement yesterday as Chancellor of the Exchequer. All subsequent budgets following Spring 2017 will now be delivered in the autumn, starting next year. Thereafter, the OBR will produce a spring forecast to which the Government will respond making changes to fiscal policy required. Although he’d taken advice […]

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Five Steps to Starting a Business

November 16th, 2016

Starting a business is tough, even with the best idea it doesn’t necessarily mean that you’ll succeed. With so many factors to consider and 55 per cent of start-ups failing in the first five years, it never hurts to remind yourself of the basics. Testing the lightbulb moment So you have an idea and you’re […]

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Brexit: What it means for VAT

October 31st, 2016

The true result of Brexit is yet to be seen, but one thing is for certain, when Article 50 is triggered almost every aspect of economic life will change. Trading relationships will alter and the Government will have complete control over UK taxation. Currently, VAT (Value Added Tax) is charged on taxable supplies made in […]

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Bringing Tax into the Digital Age

October 21st, 2016

Paying your taxes is set to become far less burdensome for British businesses, with HMRC’s plans to bring the current tax system into the 21st century. Described as a ‘digital revolution’ to cut red tape for SMEs, the Making Tax Digital programme will benefit millions of businesses. Yet with nearly half (43 per cent) of […]

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GUEST POST: Workplace Mediation for SMEs

September 22nd, 2016

Having positive relationships with clients, customers and especially staff is the secret to success of any business. Unfortunately, it’s almost impossible for an organisation to go through its life cycle without incurring any workplace differences or disputes. From time to time conflicts arise and whilst those may be swallowed up easily by larger corporations, unrest […]

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Employee education and system backup vital for cyber security

Cyber security has been at the top of the boardroom agenda for a while. As a result, many businesses have efficiently installed the latest email security and anti-virus software to keep cyber criminals at a bay. However, despite increased efforts, in the last year UK businesses reported a 22 per cent increase in cyber-attacks resulting […]

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Xero: The Future of your Finances in the Cloud

August 30th, 2016

Having a handle on your finances is vital to ensuring your business can grow and blossom. Yet smaller firms, with limited in-house resource, know all too well how this can take time away from your customers. Thankfully, accountancy is going through a huge transition, fuelled by advancements in technology. As a result, an increasing number […]

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