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Bank of England warns of UK Recession in 2022

August 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, […]

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Safeguarding Your Business from the Effects of a Recession

June 2022

With the current financial crisis in the UK worsening, some experts are beginning to predict the likelihood of the country facing a recession, and 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. […]

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Better Understand your Business with an ROI Analysis

June 2022

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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? […]

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How Rising Inflation May Affect Your Business

May 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 […]

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How the spring budget announcement could affect your business

March 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 […]

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The Impact Of Rising Energy Prices & What You Can do About It

March 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 […]

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Xero Price Increase Notification

February 2022

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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 […]

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Apprenticeships in Accounting with Aston Shaw

February 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 […]

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Could you be eligible for R&D Tax Credits in 2022?

January 2022

Aston Shaw Tax return specialists

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 […]

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Self-Assessment Tax Return Deadline Extends to 28th February

January 2022

Aston Shaw Tax return and audit specialists

In an effort to provide some relief to businesses and individuals after financial Covid-19 pressures, HMRC have extended the self-assessment tax return deadline by a month. The postponement mimics that of last year where the HMRC waivered late-filing fees for those who had not submitted their self-assessment tax return deadline by the 31st of January. […]

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