Last year the majority of payments made in the UK were made by card. Cash payments have dropped by 4% in 3 years, as the rise of phone, internet and electronic payments continues.
Author Archives: myersclark
Uncategorized
New Consultation for Financing Innovative Firms
The Treasury has opened a consultation proposing a national investment fund to help cutting-edge British start-ups.
Uncategorized
One in four SMEs Employing an Apprentice
One in four SMEs are already employing an apprentice, according to a survey by the Federation of Small Businesses.
Uncategorized
Grant Funding and Tax Relief for Energy-Saving Projects
The UK has committed to reducing carbon emissions by at least 60% by 2050. To achieve this, businesses are encouraged to opt for energy saving projects. Whilst the financial benefits of such projects are clear, the initial capital expenditure can be inhibitive. Grant funding and tax relief schemes are assisting to help overcome this financial barrier.
Uncategorized
The Common Reporting Standard and You
Interests overseas? You need to read this.
Uncategorized
Protecting Your Business from Cyber-Attacks
In recent months, there have been a series of cyber-attacks impacting businesses globally. The latest threat from a variant of an earlier virus called Petya has taken down systems from companies around the world, costing an estimated $400 billion a year.
Uncategorized
Hiring A Finance Director
Businesses are started with a passion, not to spend time completing the financial administration and compliance work. Financial administration is time-consuming for new businesses, which need to focus their energy and resources into building a client base and making a profit.
Uncategorized
Landlords Around the World
Recent changes to the way landlords are taxed have prompted the Residential Landlords Association to describe the taxation of landlords in the UK as ‘one of the most hostile tax regimes in the western world’. But how well does that claim stand up to scrutiny?
Uncategorized
Smart Investment in the Cloud
Staying on top of your finances is key to being a successful business. Many small businesses however lack a specific person with specialist accounting knowledge, which is why cloud accounting software is a smart investment.
Uncategorized
The 60% Tax Rate Club
Earning a six-figure salary is often something people celebrate, however, not everyone realises that this means you join exclusive “60% tax rate” club.