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Category Archives: Business News

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Time to exit: New research shows many business owners are planning ahead

Posted on July 12, 2023 by Howard Roth

New research from wealth management firm Evelyn Partners has revealed that the majority of business owners with companies that earn more than £5 million annually are preparing for an exit. With 65 per cent of UK business owners contemplating the … Continue reading →

Management accounts: The importance of having a clear view of your business during uncertain times

Posted on July 12, 2023 by Howard Roth

In times of economic uncertainty, businesses should have a clear plan to ensure that they can navigate any potential financial pitfalls. One of the best ways businesses can do this is with the use of management accounts. What are management … Continue reading →

The hidden economy: What income should you declare?

Posted on July 12, 2023 by Howard Roth

The number of individuals participating in the UK’s ‘hidden economy’ is increasing according to recent research. A surge in additional income streams, from moonlighting to online trading, has led to millions of taxpayers failing to declare additional earnings to HM … Continue reading →

HMRC sets its sights on SMEs over UK tax gap

Posted on July 12, 2023 by Howard Roth

The tax gap in the UK – the difference between the amount of tax owed and the amount that has been paid – remains wider than anticipated due to SMEs, according to HM Revenue & Customs (HMRC). The tax authority’s … Continue reading →

The ins and outs of pre-notification of R&D claims

Posted on June 7, 2023 by Howard Roth

The UK Government has long encouraged businesses to invest in Research & Development (R&D) projects, believing it to be at the forefront of economic growth. R&D tax reliefs are, therefore, lucrative and aimed at both Small and Medium Sized Enterprises … Continue reading →

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