Monthly Archive March 30, 2022

How the Spring Statement will affect businesses and individuals

The Chancellor’s Spring Statement has attracted a mixed reaction, with some tax changes going ahead, some promised later and a hoped for move on VAT in the hospitality sector not appearing.

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Cash flow statements – How to avoid errors that damage your business

A cash flow statement provides data about all cash inflows a company receives from its operations and investments.

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How can you cope with the cost-of-living crisis?

Many are feeling the impact of the increasing cost of living on their finances, with the inflation rate soaring to a 30 year high of 6.2 per cent in February.

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Retain key staff with salary sacrifice schemes

While the national job vacancy boom is good news for job seekers, it could be a nightmare for businesses keen on retaining high-quality staff.

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Getting the data right is key to growth in hospitality

Hopes that the temporary VAT cut for hospitality would be extended were dashed in Chancellor Rishi Sunak’s Spring Statement this week.

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How can your business boost its revenue?

Raising revenue is often one of the key objectives for small and medium-sized businesses (SMEs), however it can be a difficult process to navigate.

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Plastic Packaging Tax: what to know as deadline looms

There are just two weeks left until the Plastic Packaging Tax (PPT) comes into effect on 1 April 2022.

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Large number of businesses looking to recruit more staff

It is perhaps a sign of confidence returning to the UK economy that a significant number of British businesses believe they will be recruiting staff over the coming year.

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Payroll: how to get it right

One of the key things that small and medium sized businesses (SMEs) need to get right is payroll.

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Right to work: Government to launch virtual identification scheme to support employers

A new digital identity scheme will help employers carry out right to work checks, it has been announced.

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