by Ruth Clark | Dec 26, 2022 | Business, Tax
The UK Government understands businesses and self-employed individuals are currently facing a challenging economic environment, and that the transition to MTD for ITSA for the self-employed and small landlords represents a significant change for taxpayers. That means...
by Ruth Clark | Dec 19, 2022 | Business
With the cost of living crisis getting deeper, generating cash will be the key to keeping businesses such as the small family company afloat. Borrowing from a bank for commercial purposes is becoming increasingly difficult. If there is a cash flow problem the banks...
by Ruth Clark | Dec 7, 2022 | Business, Tax
You could be forgiven for thinking Budget statements are a bit like buses lately – we don’t have one for ages, and then three come along almost at once. While the latest financial proclamation from the Government is known as the Autumn Statement, it is a Budget just...
by Ruth Clark | Nov 16, 2022 | Business
The UK’s GDP fell by 0.3% in August according to official figures, and if GDP falls for two quarters in a row, that is the definition of a recession. Experts at the EY ITEM Club predict the UK will be in recession for three quarters, which would take us up to the...
by Ruth Clark | Nov 9, 2022 | Budget Announcement, Business
The market volatility resulting from the ill-fated mini-Budget on September 23 has created real concern for investors. Most of the measures announced that day were reversed just weeks later, but the fallout has left markets in a state of turmoil. The FTSE 100 was at...
by Ruth Clark | Oct 19, 2022 | Business, Tax
Registered company insolvencies in England and Wales rose by 43% in August this year compared to the same period in 2021, and they were 42% higher than in August 2019, the comparable period before the pandemic. In August this year, there were 1,662 Creditors’...