Fairy Tale of New York is playing on the radio, tinsel has appeared on the monitors and our logo has changed. Yes, you guessed it, it’s Christmas time! So, it’s time to wheel out our annual advice for the season of entertaining and celebrating, on what you can and can’t claim [...]
Omicron and small businesses – what are the rules? Wearing a face mask is now mandatory in shops and it is illegal not to do so. If a customer refuses to wear one in a retail environment, they will be fined £200 (unless exempt). Small businesses are, however, worried about the [...]
A Furnished Holiday Let (FHL) is a tenancy that only entitles the tenant to occupy a fully furnished, self-catering property for a limited period. This is distinctive from a normal let, which is not normally furnished and has a longer-term tenancy basis. Owning and renting property on a buy-to-let basis is [...]
One of the smaller changes in the Autumn Budget was that you now have 60 Days, instead of the previous 30 days, to report and pay the CGT on capital Gains on residential property disposals. Clearly 30 days was proving too short a time frame for tax payers to meet. If you are [...]
Inflation hits highest level in a decade at 4.2% as fuel and energy bills soar The inflation rate has hit its highest level for almost a decade as prices rise across the UK economy, with fuel and energy costs leading the way. Reports showed a jump from 3.1% to 4.2% in [...]
Businesses are started for a multitude of reasons by people with a plethora of motivations. For most, running a business is a lifelong learning curve full of interesting and exciting challenges. Growing that business is all about eliminating bottle necks and problems that get in the way of that growth and [...]
Each quarter we attend an update run by Xero where they share the latest news and features. Here is what they ran through in their November update: Contacts New user experience Xero have refreshed the ‘list view’ page in contacts to make it easier to create and manage customer and supplier [...]
I would like to say a huge Thank You to Paul Andrews and Jules Serkin, for inviting me to talk about Accsys Accountants and other business matters on the Business Bunker Radio Show on Channel Radio yesterday. It was a great experience to see behind the scenes and [...]
Bank of England hints at future interest rate rise The Bank of England has signalled it will raise interest rates in "coming months" in response to high inflation, but held off on an immediate increase. On Thursday 04th November 2021 a vote was held by the bank policymakers, this vote concluded [...]
Autumn Budget 2021 and your small business UK Business Forums described Wednesday's Autumn Budget as a "non-event" for small businesses, which offered little reassurance of a robust plan for their economic recovery. Here is a breakdown from the Autumn budget 2021: Business rates cut by 50% for retail, leisure, and hospitality [...]
