Help to Grow – Digital Scheme (HGDS)
What does the Scheme aim to do? This Government backed scheme enables eligible businesses, across the whole of the UK,
What does the Scheme aim to do? This Government backed scheme enables eligible businesses, across the whole of the UK,
As inflation rises and the cost of living crisis bites, accountancy firms could consider alternatives to pay rises with share
The result of the case The Court of Appeal found in favour of HM Revenue & Customs (HMRC) that certain
1. LPP What is the aim? To bring the LPP regime in line for both VAT and income tax. When
For many property landlords (PL), completing a self-assessment tax return may soon become a thing of the past. Depending upon
Do you control more than one business? Are they VAT registered or about to become VAT registered? Do they not
The Energy Profits Levy A windfall tax will be charged on the profits of oil and gas companies at a
Asset finance can be used for purchasing new and used cars, coaches, light and heavy commercial vehicles, plant machinery and
Are you ready to trade in a new country? Here are the important things to get right before you go
Have you achieved the goal you set out to achieve as a new startup? We’ve posed 5 important questions for
Holiday breaks are a time to re-charge for the year ahead. However, for some business owners, holidays can be a
Do you know which business expenses are allowable and which are not? We’ve explained the key allowable and disallowable costs,
How well do you understand your revenue drivers? We can help you review the numbers in your business, identify your
If there’s a manual task in your business that’s taking up time, automate it. Automation removes the manual workload
Are the pressures of business getting on top of you? Now’s the time to switch to a more proactive approach
Are you in the dark when it comes to business taxes? We’ve got the lowdown on the key taxes your
Talking about estate planning at an early stage can help to reduce inheritance tax (IHT) costs. We’ll explain the benefits
Are you confident in understanding the financial snapshot of your balance sheet?
Book a session now to analyse your
Do you fully understand the impact of your business activities on your cash flow? Your cash flow statement can give
Did you know that some capital gains are free of capital gains tax (CGT)? Talk to us to find out
It’s Annual Accounts review season! We’ll be busy drafting the Annual Accounts for all our clients over the next few
A number of new rules could see an increase in tax burden for many, early payment of tax for some, and
Gone are the days when a business’s sole purpose was to make a profit. While being profitable is important, your
 Making money online is a proven lucrative task, which can offer a plethora of opportunities for financial and personal freedom.
Do you have a remuneration strategy in place? If not, we’ll help you to review your business finances and private
Feeling like a slave to your business? It’s your business, you make the rules. No more excuses! What do you
When cashflow dries up, business problems start to multiply – so keep that cash flowing with these five simple strategies.
Making time to look over your financial reports each month is an important task for any business owner. We can
There’s always room for improvement at the margin; small tweaks can massively boost your bottom line! How much extra would
Is your business still feeling the impact of Covid? Temporarily trimming what you take from the business will boost your
Want to create the perfect app stack for your business? Come and talk to us. We’ll help you navigate the
In today’s world, we are constantly having to tackle new things and learn new skills. It can be overwhelming,… if
Covid has been a powerful catalyst for change. Going forward, how can we consciously use the process of change to
Did you defer your VAT bill? The good news is that there’s a new HMRC payment scheme for paying your
Want to cut unnecessary costs, optimise the most profitable parts of the business, and increase your overall return on investment?
Most businesses need to raise money at some point. The majority of smaller businesses will borrow from a bank to
Time to pay arrangements A business which has or will have outstanding tax liabilities should consider contacting HMRC for a
A person starting to trade is faced with a number of requirements; for example, they must register their business with
A number of important decisions must be made when a company is set-up; for example, who will own shares in
The ongoing economic turmoil can only get worse if you make your business vulnerable to fraudsters. As the security measures
There is no simple answer as to how businesses can increase profit margins during these tumultuous times. Whether you function
Despite many added perks for freelancers in the UK, the tax challenges can be overwhelming. And that is because freelancers
Who doesn’t dream of starting a business to become self-independent? It shouldn’t come as a surprise that self-employed individuals are
Amidst a global pandemic, many businesses in the UK are temporarily halting their operations as per government compliance. The situation
You are always on the home stretch when it comes to the health of your annual finances. Technically, the year-end
For business owners, the need to hire an accountant is arguably the fairest question of all, isn’t it? Naturally, you
The capitalist landscape is changing, and raising finance for your business is not as straightforward as a decade ago. Maybe
Today, insuring your business is more than just peace of mind; it builds trust that is decisive for the future
You might not realize it, but your outdated accounting system is more indispensable than you think. Apart from common bookkeeping
The notion of working from home can lead to endless possibilities. After all, who wouldn’t want to take care of
Whether you’re from Cambridge or London, ambitious business owners strive to streamline business operational activities with the utmost efficiency. Unfortunately,
There are various business structures in the UK, and each provides a different set of benefits. From a startup to
As much as the glamour of starting a new business is captivating, the financial structure will always remain the foundational
Your business deserves a broadminded and forward-thinking accounting solution. An effective accounting solution means you’ll be able to get unlimited
Whether you are an investor or business owner, the question that always seems to be on the surface is how
You are thinking about the most cost-saving and time-efficient way to file your tax returns online, aren’t you? Well, the
From small companies to large corporate giants, accountants have become vital to ensure compliance needs and help businesses evolve beyond
Small business owners often found themselves in the swamp of inventory accounting. In simple terms, it refers to a method
Business owners dread the idea of HMRC to conduct a tax audit. Luckily, the HMRC compliance standards are not as challenging as
The financial prosperity of your business depends on how you manage a multitude of data and adapt to new standards.
Accounting transactions are of the utmost importance when it comes to small businesses. Unfortunately, small companies often juggle around complicated
Accounting, it’s the term you will probably hear the most during tax season in 2020. But to be fair, tax
If calculating taxes is not your cup of tea, that’s okay. It’s the time of the year you don’t want
At Smart we assist many firms with their tax and accounting needs, helping them to stay ahead. Changes to data
At Smart we can advise individuals on a range of tax-saving opportunities. The following article compares Venture Capital Trusts, the
Nothing is quite so misunderstood as business expenses. Writing something off as an expense has a nice ring to it,
How has devolution affected what tax you pay? First-time buyers in England, Northern Ireland – and for a short time
You’ve got a great business idea, you’ve done all the relevant market research, you have a bulletproof business plan, and
The pros and cons of letting furnished holiday accommodation. When furnished holiday property is let on a commercial basis for
The default basis for landlords’ accounts. Traders have been able to prepare their accounts using the cash basis since April
Let’s simplify your finances, reduce your tax burden, and build systems that free up your time – so you can focus on what really matters.
