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Businesses lack mental health policies


26 March 2015

Three quarters of employers don’t have a workplace mental health policy, research by the Institute of Directors (IoD) and YouGov has found.

mental healthThe survey of 1,150 employees and 586 employers reveals that stress and anxiety affect the productivity of 32%…

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Using your home for your self employed business


20 March 2015

In the UK there are many small businesses that are based at home and from tax year ended 5 April 2014 onwards there is an optional simplified flat rate deduction basis. An alternative method is to claim a reasonable amount for using a room or rooms at home for…

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Number of small firms hits record high


19 March 2015

There are a record 5.2 million small firms in the UK, according to a government report.

The number of small businesses has increased by 760,000 since 2010 and 4.5 million people are now self-employed, an increase of 500,000 from 2010.

The report reveals that more than £130 million has been lent…

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Budget Summary 2015


Budget-briefcase--007Introduction

Chancellor George Osborne used his final Budget statement of this Parliament to announce that “Britain is walking tall again”.

There are many things to be positive about:

Economy

The economy grew 2.6% in 2014 – faster than any other advanced economy. The Office…

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Corporate Divorce


17 March 2015

divorceGoing your separate ways is never easy. If your business partner decides he or she wants to leave the company you both started twenty years ago, you must move forward without destroying the business you have worked so hard to…

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Grow your business through a strategic acquisition


10 March 2015

strategic acqNow that the worst of the downturn appears to be behind us, many business owners/managers are turning their attention to growing their businesses. Growth can be a complicated proposition for any company. There are many “organic” options such as…

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Compliance costs SMEs billions each year


5 March 2015

SMEs pay almost £10 billion in tax compliance costs each year, according to research by the Association of Accounting Technicians (AAT).

The survey of 500 businesses reveals that the average SME spends £4,376 complying with business taxes each year. Collectively, the SME sector spends £9.9 billion annually on tax compliance.

Important…

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Monthly Tax Update – March 2015


2 March 2015

Welcome to our monthly tax update designed to keep you informed of the latest tax issues.

In this issue we focus on issues to be considered before the end of the tax year and things to look forward to next year. As ever we are here to help you so…

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