Prepare for the unexpected

How do we plan for the unpredictability that is a recurring feature of our business lives? Brexit, COVID-19, and now the war in Ukraine, all conspire to create trading conditions that can best be described as chaotic. Present challenges include increasing energy and...

Tired of slow internet connectivity?

In a recent press release the government confirmed that more than 500,000 rural homes in the UK are to receive access to better broadband plans. They said: 570,000 more rural premises in line for best broadband available via £5 billion Project Gigabit Includes...

New global tax system

Later this week (27 October 2021) Rishi Sunak will present his second budget during 2021. It is likely that reduced public expenditure and higher taxation will be features of this budget as the Treasury seeks to limit any further rise in government borrowings. The...

Tax year-end – all change?

At present, self-employed traders (sole traders and partnerships) are taxed for each tax year on profits for the accounting period ending in that tax year. Therefore, if a trader’s accounting year end is 31 December, their assessment for 2021-22 will be based on...