10 tips for keeping your business safe online

The government has identified ‘Ten Steps to Cyber Security’, which are essential for any business looking to protect itself online. There are plenty of simple and straightforward steps that companies can take to keep themselves safe in the digital world. As accompaniment to the support offered in their Cyber Essentials programme, the Government advises you[…]

Dividend changes: are you ready?

In his 2015 Budget, Chancellor George Osborne introduced significant changes to the taxation of dividends. Owners of small businesses need to take note. It’s quite usual for directors of small companies to extract profits as dividends, which form a regular income. The main reason is tax efficiency, as when the dividend is paid out to[…]

Free up your time with professional, strategic support

Many professional services firms – including accountants – employ a ‘Director of Operations or Practice Manager’ to oversee and co-ordinate their work. Plenty of companies in other sectors could benefit from exactly the same kind of approach. An increasing number of accountancy and legal firms now employ a Practice Manager or Director of Operations to[…]

Accountants can advise, but it’s clients who decide

Effective tax planning is getting harder.  Your professional advisers can help you understand the new rules so that you can make more informed decisions. Let’s start at the more aggressive end of the tax planning spectrum. We’re all aware that there are legal schemes which are designed to help high-net-worth individuals avoid tax. In the good[…]

In a partnership or LLP? New tax rules have BIG implications

Partnerships have long been an attractive structure for people running small businesses. They’ve been particularly favoured by owners of professional practices – from solicitors and accountants through to architects and dentists. The fluidity of the arrangement allows partners to change with few tax implications – something that becomes more problematic within the confines of the[…]

Ringing the changes in the world of audit

The more independent your auditor, the better the service you get. Many businesses and charities value long-term relationships with auditors, seeing them as trusted and knowledgeable advisers, who are able to comment on a wide range of business topics. These professionals are also in a unique position to provide independent assurance to stakeholders. If a[…]