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

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

Why do you need to start thinking about MTD?  Her Majesty Revenue & Customs (HMRC) is currently rolling out a new digital scheme on all aspects for taxes, such as VAT and Income Tax, to make filing easy for businesses. It will see all UK business taxes move online and handled digitally, and paper returns

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

New Year, new career? Many people lost their jobs during the pandemic or decided to take a new career journey by setting up a new business. We take a look at the start-up trends for 2022.  Whether it is a full-time endeavour or a part-time side hustle, people are looking for ways to make extra

Two company directors have received a ban totalling 21 years after fraudulently claiming £100,000 in bounce back loans (BBL). Following an investigation by the Insolvency Service, Aamer Aslam from Huddersfield and Razwan Ashraf from Keighley were disqualified for 11 and 10 years respectively. The duo were co-directors of Scholars Academy Ltd, a specialist tuition centre