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The Domestic Reverse Charge Will Begin Soon

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The previously delayed VAT Domestic Reverse Charge (DRC) comes into effect on  March 1st, 2021.  The DRC is essentially a change in the way VAT is handled for some construction services and the materials used, where they are supplied directly by construction and trade businesses.   According to HMRC, the reason it is being introduced…
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Simple Mental Health Tips for Small Business Owners

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Whether you employ some staff or work entirely on your own, it is highly likely that you work intensely to meet the demands of your business. A recent survey (pre-COVID-19) revealed that small business owners work an average of 13 more hours a week than the rest of the working population
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5 Reasons Your Construction Business is Losing Money

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Accurox have worked with construction companies of all sizes for many years. We’ve seen all the ups and downs, some of which are unique to the industry, while some are common across every business. When a construction business is losing money, the cause is often one or more of the following
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12 Steps to Financial Success

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Financial success that isn’t planned for, won’t happen.  You wouldn’t employ somebody who didn’t have the skills needed to do the job at hand. Yet, many business owners don’t take the financial side of their business seriously enough.  Our guide will help you to focus on the systems and processes that you need to improve…
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Covid-19 Support for Businesses & Self-Employed

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Covid-19 continues to cause havoc and uncertainty for businesses and freelancers. In order to help the economy during this increasingly difficult time, the government has announced changes to the support available. Job Retention Scheme (Furlough) The Job Retention Scheme (JSS) set up to help retain jobs through the Covid-19 crisis, has now been extended to…
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Applying for a Mortgage As a Business Owner

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Despite the fact that we are undergoing a recession following COVID-19, house prices have, so far, not been dropping.  Ironically, this has partly been because of the lockdown, as the demand for homes with more space has rocketed.  But no matter what the external circumstances, looking for a mortgage when you run your own business…
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