Are you being paid on time?
Delays in being paid by your customers can lead to cash flow problems in your business. Your staff and suppliers (and you!) want to be paid on time. Streamline your invoicing processes by billing promptly after completing the work and follow up unpaid bills. Electronic invoicing with “pay now” buttons can make it easy for […]
Neuromarketing
What is it and how can it be harnessed by your firm? Neuromarketing is a field of marketing that combines neuroscience and psychology to understand consumers’ subconscious reactions to marketing stimuli. Neuromarketing uses knowledge about the way our brains are structured and how they interpret the world around us and make decisions in order to […]
Do you know the amount of your January 2025 self-assessment tax bill?
Knowing how much needs to be paid gives you time to budget and ensure the funds are in place. Leaving your tax return and/or accounts until the last minute can give rise to a nasty shock as well as cash flow issues. If you have not let us have the information for your returns yet, […]
Leaders simply can’t aways be right
Being an effective leader involves recognising it’s impossible to be right all the time. Constructive conflict should be embraced in business. In fact, sometimes “no” is ultimately more useful than ‘yes”. The best managers and leaders in the business world, seek and accept critical feedback from trusted colleagues to maintain a balanced perspective. Recognising […]
Pre Budget tax planning and actions
Care is needed if you are undertaking and actions prior to the budget at the end of October to avoid falling foul of any anti-avoidance legislation. There is speculation that Reeves may adjust Capital Gains Tax (CGT) to help address the gap in public finances, potentially by aligning CGT rates with income tax rates. Whether […]
Research and Development claims
Claiming R&D Tax Credits for innovating new products, enhancing processes or improving services can give rise to reductions in corporation tax or even cash repayments. However, there are unscrupulous “advisers” in the marketplace, which have been falsely claiming for all sorts of businesses where there is no such expenditure in the first place. Look up […]
IHT – Inheritance Tax
Nearly £6bn of Inheritance Tax (IHT) was collected in the 2021/22 tax year according to the latest Government figures – a new record for British families. While these figures are from a couple of years ago – it can take time for the official numbers to be fully collated. These latest figures shows a trend […]
Strategic alignment
How to align your team on executing your firm’s strategy. Aligning your team with your firm’s strategy is essential for achieving organisational goals and ensuring cohesive execution. The process begins with clear communication. The management team needs to be able to articulate the strategy in a way that is understandable and relevant to each team […]
Paying your tax…
What happens if you don’t pay your taxes when they become due? It is crucial to contact HMRC as soon as practicable if a tax debt cannot be paid on time. HMRC are receptive to payments by instalments using a “Time to Pay” arrangement. It might also be possible for a PAYE code to be […]
Selling On Credit? Keep On Top Of Your Debtors…
As globalisation continues, ordering goods, services, and software from international vendors has become a standard business operation for many companies. Paying for these overseas transactions has been simplified thanks to technological advancements in the financial sector. However, the ease of making international payments often comes at a significant cost, which can quickly add up and […]