Six signs that your business is in trouble

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Six signs that your business is in trouble. don't ignore the warning

Six signs that your business is in trouble

Don’t ignore the signs that your business is struggling. Losing a business is incredibly stressful, both for you and any employees who may lose their jobs. You have worked too long and too hard getting your business set up and putting your heart and soul into making it a success.  Equally, if you have a […]

Six signs that your business is in trouble Read More »

Don’t ignore the signs that your business is struggling. Losing a business is incredibly stressful, both for you and any employees who may lose their jobs. You have worked too long and too hard getting your business set up and putting your heart and soul into making it a success.  Equally, if you have a

Spring Statement 2022

Spring Statement 2022

Two years ago, the UK entered its first lockdown. On Wednesday 23 March, our eyes were firmly fixed on the Chancellor of the Exchequer, Rishi Sunak, as he rose to deliver his Spring Statement. Yet again, Mr Sunak found himself addressing MPs against a background of the crisis, with the residual impact of COVID, the

Spring Statement 2022 Read More »

Two years ago, the UK entered its first lockdown. On Wednesday 23 March, our eyes were firmly fixed on the Chancellor of the Exchequer, Rishi Sunak, as he rose to deliver his Spring Statement. Yet again, Mr Sunak found himself addressing MPs against a background of the crisis, with the residual impact of COVID, the

HMRC shuts telephone services to focus on backlog

Following a surge in enquiries due to the pandemic, HM Revenue & Customs (HMRC) has announced it must prioritise its essential services by temporarily closing telephone hotlines. HMRC will focus on stabilising phone and tax credits/child benefits services, taking extra steps to meet targets and supporting at-risk customers. During December, the tax authority ran tests

HMRC shuts telephone services to focus on backlog Read More »

Following a surge in enquiries due to the pandemic, HM Revenue & Customs (HMRC) has announced it must prioritise its essential services by temporarily closing telephone hotlines. HMRC will focus on stabilising phone and tax credits/child benefits services, taking extra steps to meet targets and supporting at-risk customers. During December, the tax authority ran tests

COVID-19 grants and payments company tax returns

Company tax returns must include COVID-19 grants

Taxpayers who received Coronavirus business support must remember that COVID-19 grants or payments are taxable and must get declared on company tax returns.  HM Revenue & Customs (HMRC) has issued a reminder that the filing deadline for company tax returns (CT600) is 12 months after the end of the accounting period it covers. The deadline

Company tax returns must include COVID-19 grants Read More »

Taxpayers who received Coronavirus business support must remember that COVID-19 grants or payments are taxable and must get declared on company tax returns.  HM Revenue & Customs (HMRC) has issued a reminder that the filing deadline for company tax returns (CT600) is 12 months after the end of the accounting period it covers. The deadline

Pitfalls of SEISS scheme.

Avoid the pitfalls of the SEISS scheme

Over the past two years, thousands of taxpayers benefited from the Self-Employment Income Support Scheme (SEISS) before closing in September 2021. The scheme, involving five grant payments, was set up by the Government to support the self-employed, for example, sole traders, who met specific eligibility criteria. As HM Revenue & Customers (HMRC) looks to claw

Avoid the pitfalls of the SEISS scheme Read More »

Over the past two years, thousands of taxpayers benefited from the Self-Employment Income Support Scheme (SEISS) before closing in September 2021. The scheme, involving five grant payments, was set up by the Government to support the self-employed, for example, sole traders, who met specific eligibility criteria. As HM Revenue & Customers (HMRC) looks to claw

making the most of cloud accounting software

Making the most of cloud accounting software

The cloud is king in the accounting world. For businesses owners, there is a vast range of software and applications to choose from.  The beauty of cloud accounting software is that it can be accessed anywhere with an internet connection across all your devices. Good accounting software can be critical for business leaders. It makes

Making the most of cloud accounting software Read More »

The cloud is king in the accounting world. For businesses owners, there is a vast range of software and applications to choose from.  The beauty of cloud accounting software is that it can be accessed anywhere with an internet connection across all your devices. Good accounting software can be critical for business leaders. It makes

How to avoid damaging errors in your cash flow statements

How to avoid damaging errors in your cash flow statements

Your cash flow statement provides data about all the money inflows your company receives from operations and is a fundamental part of the financial statements.  Alongside your balance sheets and income statements, it is vital for managing your small business accounting. It keeps you abreast of how much cash is entering or leaving your business

How to avoid damaging errors in your cash flow statements Read More »

Your cash flow statement provides data about all the money inflows your company receives from operations and is a fundamental part of the financial statements.  Alongside your balance sheets and income statements, it is vital for managing your small business accounting. It keeps you abreast of how much cash is entering or leaving your business

Salary sacrifice schemes: retaining top talent. Four individuals gathered together around a desk

Salary sacrifice schemes: retaining your top talent

While the national job vacancy boom is good news for job seekers, it is a potential nightmare for businesses keen on retaining high-quality staff. While a pay rise is always welcome by many, it is not always the most tax-efficient approach for business owners. Other benefits, such as salary sacrifice schemes, are equally effective in

Salary sacrifice schemes: retaining your top talent Read More »

While the national job vacancy boom is good news for job seekers, it is a potential nightmare for businesses keen on retaining high-quality staff. While a pay rise is always welcome by many, it is not always the most tax-efficient approach for business owners. Other benefits, such as salary sacrifice schemes, are equally effective in

Super-deduction tax relief

Making the most of super-deduction tax relief

Many UK businesses are already benefitting from the temporary tax relief offered by the super-deduction. However, many more could still be missing out on this vital support. The super-deduction tax relief scheme was introduced on 1 April 2021 and runs until 31 March 2023.  It allows firms investing in qualifying plant and machinery assets to

Making the most of super-deduction tax relief Read More »

Many UK businesses are already benefitting from the temporary tax relief offered by the super-deduction. However, many more could still be missing out on this vital support. The super-deduction tax relief scheme was introduced on 1 April 2021 and runs until 31 March 2023.  It allows firms investing in qualifying plant and machinery assets to

Visiting Wilder Coe

Visiting our offices is by appointment only. The safety and protection of our clients and team members have always been our top priority throughout the pandemic. As we now adjust to the “new normal,” this is more important than ever. In common with many organisations, we have adopted a hybrid-working policy. Our team members are

Visiting Wilder Coe Read More »

Visiting our offices is by appointment only. The safety and protection of our clients and team members have always been our top priority throughout the pandemic. As we now adjust to the “new normal,” this is more important than ever. In common with many organisations, we have adopted a hybrid-working policy. Our team members are