With the corporation tax rate rising from 19% to 25%, business owners have started to face higher corporation tax bills from 1 April 2023. So, what are the ways to reduce your corporation tax bill? If you are running a profitable business, you may be wondering if you’re taking advantage of all the tax efficiencies […]
Category Archives: Uncategorized
19
Apr
Apr
In the Chancellor’s Spring 2023 Budget , Jeremy Hunt confirmed changes to the two Research and Development (R&D) schemes currently in operation. These changes came into effect from 1 April 2023 and are being brought in to help tackle a significant amount of fraud being perpetrated through the R&D schemes, particularly the scheme for SME’s. […]
30
Aug
Aug
Have you recently started a business? Or are you a small business with turnover of less than £150K? If so one of the decisions, you’ll make is whether to use the cash basis for accounting or the traditional accounting method. As a business you will need to keep records of your financial transactions from […]
Business Tips, Cloud Accounting, Digital Technology, Uncategorized
Now is a good time to start your digital transformation.
22
Feb
Feb
Digital transformation simply put is the process of using digital technology to modify current business process to bring better performance
HM Revenue & Customs, Myers Clark Updates, Tax Advice, Uncategorized
Chancellor’s Summer Economic Statement
10
Jul
Jul
The Chancellor said the aim was to “give everyone the opportunity of good and secure work, so no one is left without hope.”