When businesses found themselves in the eye of the Covid-19 storm during 2020, government assistance like furlough, grants and deferred tax payments all helped them stay afloat. But all this help is set to bring a few financial surprises in 2021, and, with Brexit thrown into the mix, businesses may find themselves ill-prepared for the
Cashflow is at the heart of everything we do in business and in these troubled times it’s more important than ever that we keep abreast of anything that might adversely affect it. Covid-19 brought with it a fall in economic activity, leaving many firms facing a cashflow deficit, putting them and their employees at risk.
However your finances have fared during the pandemic, we have a wealth of expertise to share to help you prosper. We can advise on funding from regional, national and European sources that’s earmarked for business growth and development. That means we can also help you understand how particular funding can be relevant to your own
Since April 2019, VAT-registered businesses and self-employed people with a turnover of more than the £85,000 VAT threshold have had to use accounting software though the Making Tax Digital gateway to file their VAT returns. From April 2022, HMRC wants all VAT-registered businesses to adhere to Making Tax Digital. Self-employed people and landlords with a
It can be very tempting to answer this question with a ‘no.’ If you’re an ambitious new business owner determined to be successful and keep a firm hold of your profits, then spending your hard-won cash on an accountant from the start may not seem the best idea. Maybe you have friends or family who
Is there more room for partnership working to facilitate an improvement to the financial inclusion agenda? The Welsh Government promoted credit unions with strong advertising campaigns and asked organisations to partner with them, but no such political activity has been as strongly evident in England where membership levels in credit unions are still lower than
If you have any questions about our services then please do not hesitate to get in touch with our friendly team! You can call Lesley Kay on 0161 341 0368.