Business

Tax and the work Christmas party

As the year draws to a close employers and their staff begin to focus on the festive period. If you are planning a Christmas party to reward your staff for their hard work and dedication throughout 2024, you might want to consider the tax position.

Business trends for 2025

2025 marks the halfway point of a decade that’s brought upheaval and transformation across technology, politics and society. As we approach the second half of the decade for those wanting to survive and thrive in today’s business environment it’s critical to understand the trends driving this convergence of innovation, threats and opportunities. This article will outline some of the key predicted trends for business in 2025.

Preparing your business finances for a strong start in 2025

As the year comes to a close, now is the perfect time to set up your business finances for a successful start in 2025. A proactive approach to financial planning can help you maximise tax efficiency, improve cash flow and ensure you’re ready to hit the ground running when January arrives. Here are some steps to prepare your business finances for a strong start in the new year.

How to optimise cash flow for the holiday season

The Christmas season is a critical time for many businesses, bringing both opportunities and challenges. Increased demand can drive up sales, but the need for additional stock, seasonal staff and holiday marketing can put pressure on cash flow.

Managing cash flow effectively during this period is essential to ensure your business can make the most of the season without running into financial difficulties. Here are some strategies to help you optimise cash flow for a successful holiday season.

Accounting records – what should I keep and for how long?

Proper record keeping is essential for businesses to ensure compliance with both legal obligations and tax regulations. For limited companies, partnerships and VAT registered businesses, maintaining accurate records can prevent penalties, aid in tax calculations and support compliance with the Companies Act and HMRC requirements. Here’s a breakdown of the key record keeping requirements for various business entities in the UK.

December downloadable guides

Our monthly downloadable guides for you to tread at your leisure.