How Xero can help transform your business

If you’re a business owner, you will be super aware that bookkeeping and accounting are essential functions of a business, particularly one that wants to succeed long term.  Without a solid accounting system, you will never know whether your business is profitable and if you can afford to purchase new assets or expand.  If you…

Government Furlough Scheme Extended

Furlough This is now to be extended until the end of March, with employees to receive 80% of the current salary for hours not worked Employees on the payroll on 23rd September 2020 who were made redundant or stopped working after that date can be re-employed and claimed for. This can also apply to employees…

Wealth management: Protect the fruits of your labour

Nurturing wealth is not just a Richard Branson dilemma.  More and more people, particularly those with small businesses, need advice about their financial planning – pensions, investments, retirement planning and business protection to name but a few, and a good financial adviser can prove crucial to protecting your legacy. What is wealth management? Wealth management…

Winter Economy Plan

Following Rishi Sunak’s briefing on 24 September, below is a summary of the key points.  Job Support Scheme The Government will subsidise the pay of employees who are working fewer than normal hours It applies to employees who can work at minimum of 33% of their normal hours Employers will pay staff for the hours…

Security advice for employees working remotely

In recent years we have seen the opportunity to work from home grow in popularity.  More employers are recognising the benefits that flexible and home working can have on the productivity of their employees (thanks to a reduced commute, better work/life balance, and the flexibility around family commitments that working at home allows).  In recent…

What to consider before buying or leasing IT

For small businesses, acquiring the IT necessary to allow your team to work as productively as possible can present a major financial burden. When companies want to invest in business technology they generally have two options for financing these expenses. They can either purchase their machines and software outright, either by using existing capital or…

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Bounce back loans for small businesses explained

If you are a small business struggling due to the coronavirus, you are now able to apply for a new 100% government-backed loan worth up to £50,000, with no interest charged or repayments needed in the first 12 months.  Let’s take a closer look… What are bounce back loans? The Bounce Back Loan Scheme (BBLS)…