The government has unveiled new measures to support small businesses and the self-employed by tackling the scourge of late payments, which according to the Smart Data Foundry is costing small businesses £22,000 a year on average and leads to 50,000 business closures a year according to Intuit QuickBooks.

Choosing the right accountant can increase your team's planning, problem-solving, and overall business advisory skills. Saving money, improving financial efficiency, and increasing profits can all be benefits of this decision.

Xero are committed to continuously improving your invoicing experience. And as they transition to the new version of invoicing, they’re also rolling out more features and enhancements designed to streamline your workflow and boost productivity. 

If you or your clients are looking for ways to grow profits, drop prices or pay staff more, then one strategy is to lift productivity in your business. But what is productivity exactly (hint: it’s not about working longer hours), and how can you lift it in your small business or practice?

For the 2024/25 tax year, HMRC has announced that the official rate of interest (ORI) for director's loans will remain at 2.25%, despite the base interest rate being considerably higher at 5.25%.

In his Autumn Statement 2023, Chancellor Hunt announced some of the biggest tax cuts in British history for businesses.

Your business's financial fitness can be affected by a number of external factors. Nonetheless, you can stay financially healthy even in the toughest of times by planning ahead and keeping good financial habits.

What are the implications of AI for small businesses? Can it increase efficiency, reduce costs, and expand the capabilities of a company?

According to a recent study by iwoca, one of the largest small business lenders in Europe, 101 new businesses have been created every hour across the United Kingdom during the first half of 2023, despite our current economic challenges.

Online accountants will simplify accounts and bookkeeping for business owners who prefer to focus on other things than getting their taxes in order.