Autumn Statement 2016: Flat rate VAT changes explained

Chancellor Philip Hammond has announced significant changes to the amount of VAT SMEs will have to pay. This article from www.smallbusiness.co.uk explores the matter further. Major changes have been announced for the amount of VAT that many small businesses will have to pay in Philip Hammond’s Autumn Statement. This will affect businesses that use the..

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6 elements that make a winning team

We deal with all sizes of business and thought this is a great article from Business Matters Magazine regarding building a successful team and retaining great staff. No successful big business owner is an island. You can keep a small business running by yourself, but if you are ready to achieve growth, then you need..

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Data on staff at 280 UK firms may be at risk after Sage breach

From The Guardian : Accounting, payroll and payments software company says internal login was used to gain unauthorised access. Sage, which provides accounting, payroll and payments software for businesses, has released a statement saying that an internal login had been used to gain unauthorised access to the data of some of its British customers. The personal..

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New Insurance Act is upon businesses

An article on smallbusiness.co.uk looks at the biggest reform to insurance for more than a century has almost come into force but businesses are being warned to ensure that they do not fall foul of the changes. The Insurance Act, which affects all new contracts from August 12 onwards, introduces a more policyholder-friendly regime. Billed as good..

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An ageing workforce: Why small businesses should get prepared

Andrew Firth looks at what an ageing workforce means for small businesses, and what role company owners can play to maximise productivity. Over-50s have increasingly become an innate characteristic of the UK workforce. As business owners observe an increase in the number of older workers remaining in employment for longer, employers need to prepare themselves..

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Small businesses to benefit from HMRC digital reforms

Here, Ed Molyneux explores the changes to the tax process that will commence on April 6th. If you are still getting over what was, for many, the stress of the January 31st tax self-assessment deadline, get set for another upcoming milestone. April 6th fires the starting gun on a new financial year that will bring..

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Sage vs Xero vs Pegasus Cloud

“8 of 10 Accountants recommend Sage Software”, said Sage’s extremely successful advertising campaign of 20 years ago. Limited competition at the time made it easy for accountants and bookkeepers to recommend Sage 50 to SMEs, in the knowledge that they were recommending probably the best software in the market. Sage is still recommended as a..

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Five ways to spring clean your business books

Here are some top tips from Emily Coltman to help you brush up your bookkeeping and get your business set for fresh new growth in the months ahead. Now that winter is winding down and self-assessment season is over for another year, it’s a great time to start thinking about how you could do some..

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