September 2022
The UK is expected to enter a recession later this year. What is a recession? Put simply, a recession is classified as; a reduction in economic activity with two successive quarters with negative GDP growth. What is GDP? A country’s gross domestic product (GDP) is a measure of the size and health of its economy. […]
Read moreAugust 2022
With debate over the possibility of a UK recession hitting headlines throughout the year, the Bank of England has now warned the UK is set to fall into recession after the largest interest rate increase in 27 years. For the remaining 3 months of the year, experts have forecast a further shrink in the economy, […]
Read moreJune 2022
With a recession likely to be announced in the next couple of months, you may be concerned as to what impact this will have on your business. A recession is a period of negative economic growth that lasts for two or more consecutive quarters. The likely cause of an upcoming recession is a result of […]
Read moreJune 2022
An ROI analysis should be one of the first steps when looking to better understand a business and its profits. Our ROI analysis service can help you optimize your investments, which in turn can help you maximise the profits on your existing investments and make more informed decisions going forward. What is an ROI analysis? […]
Read moreMay 2022
With UK inflation having risen to its highest level since 1982, you may wonder what effect this may have on your business. In this article, we have highlighted the main ways this could potentially affect your business, and most importantly, what we can do to help. Inflation is the gradual decline of a currency’s value […]
Read moreMarch 2022
Yesterday, UK Chancellor Rishi Sunak announced the much anticipated 2022 spring budget. The previous two spring budgets were largely focussed on how the UK can recover from the impact of the covid-19 pandemic. However, this year’s budget has been largely dominated by the cost of living crisis and rising inflation. In this blog, we have […]
Read moreMarch 2022
With the UK economy continuing its recovery stage post-covid, there are ongoing issues with the rising rate of inflation (the measurement of our overall cost of living). The main issue is that it is expected for inflation to peak in April at a rate of 8.3%, contrasting to the Bank of England’s forecasted figure of […]
Read moreFebruary 2022
As the title suggests, a modest price increase to your Xero subscription fee will be coming into effect this month. On 23/09/2021, Xero increased their subscription fees by £24 + VAT to £26 + VAT per month for the standard plan and from £30 + VAT to £33 + VAT for the premium plan. While […]
Read moreFebruary 2022
Apprenticeships are becoming increasingly popular amongst 16-24-year-olds with little or no experience in their chosen field. Lots of people have this avenue to travel down as an alternative to University. For those who have a clear idea of the career they’d like to pursue, apprenticeships are fastly becoming the most preferable route into a chosen […]
Read moreJanuary 2022
In 2000, the UK Government created a tax credit scheme designed to boost innovation for small-medium sized enterprises. This is by allowing them to claim back a refund from HMRC based on the working hours that the business dedicates to research and development. Alternatively you could reduce your corporation tax bill through this. It’s an […]
Read more
Problem retrieving data from Twitter
Registered as auditors and regulated for a range of investment business activities in the United Kingdom by the Association of Chartered Certified Accountants.
