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Trivial Benefits

It’s Time for Some Trivial Benefits! June 21st should have been the day that the final Covid restrictions were lifted in the UK.  Unfortunately, that had to be postponed and will now probably happen on July 21st.  It’s a disappointment, but the good news is that we will hopefully still see the final restrictions lifted…

Building a Garden Office
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Building a Garden Office

Building a Garden Office Remote working was on the rise before 2020. However, the global pandemic and the changes it brought to our way of life certainly sped up the transition.  Many of us, who were used to travelling to an office or other place of work every day, loved the freedom and flexibility working…

Cashflow: 40 Ways to Improve it
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Cashflow: 40 Ways to Improve it

40 Ways to Improve Your Cashflow Healthy cashflow is the lifeblood of any business. Without it, you may find yourself compromised when you need to invest in your resources and materials for your business. Securing it is not as difficult as it might appear. In fact, we’ve got 40 ways you can improve the flow…

CIS (Construction Industry Scheme)
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CIS (Construction Industry Scheme)

What is CIS? In the past the construction industry suffered from compliance issues (tax avoidance). As a result CIS was introduced in the UK in 1972.  It has evolved over the years into its current form. CIS covers both contractors and subcontractors, and regardless of which one you are, it is vital that you are familiar…

IR35 (Off-payroll rules)
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IR35 (Off-payroll rules)

IR35: What You Need to Know IR35 (also known as off-payroll rules) was introduced for the public sector way back in 2000 and will be coming to the private sector in April this year.  HMRC uses the off-payroll rules to correctly identify the employment status of contractors.   This is to avoid the practice that had…

Cashflow Management
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Cashflow Management

Cashflow Management Cashflow management and forecasting is simply the most important tool you can use to gauge the health of your business. Enabling you to plan for both sustainable growth and resilience in adversity.  How can Cashflow Forecasting Help Your Business? Essentially, your business should be generating more cash than it is spending. However, this…

The Domestic Reverse Charge Will Begin Soon
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The Domestic Reverse Charge Will Begin Soon

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…

12 Steps to Financial Success
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12 Steps to Financial Success

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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