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
When employers make an employee redundant and a ‘redundancy payment’ is made, it is easy to make the wrong decisions
The Energy Profits Levy A windfall tax will be charged on the profits of oil and gas companies at a
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
If you’ve just moved from being a sole trader to a director, you may get caught out when withdrawing cash
Holiday breaks are a time to re-charge for the year ahead. However, for some business owners, holidays can be a
A crystal ball would be handy in business. Good-quality forecasting can be just as useful, giving you an informed view
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
Is VAT a mystery to you? We’ve got a simple overview of the basics of VAT, so you know how
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
Are you self-employed? If you are, you may be eligible for the 5th tranche of the Self-Employment Income Support Scheme
Did you know that some capital gains are free of capital gains tax (CGT)? Talk to us to find out
Do you export goods or services from the UK to the EU? Are you ready for the new VAT One
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
Want to get up to speed with social media marketing using Facebook? We’ve got the lowdown on setting up a
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
Want to achieve your true potential as a business owner? Business coaching helps you review, analyse and enhance your business
A business cash flow forecast will give you vital business intelligence to help you scenario-plan, search for cost-savings and look
Unsure whether you’re accounting for tax on interest payments in the right way? Come and talk to us. We’ll advise
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?
Coping with a sudden downturn is no walk in the park. If you’re looking to improve your business planning or
Is your business looking for extra financial support during lockdown? Talk to us. We’ll review your financial position, advise you
In the post-Covid world, does your marketing still fit the needs of your customers? We’ll help you to review, rethink
Worried about your cashflow and the profitability of your business? Come and talk to us. We’ll review your finances and
A self-employed individual (including a partner in a partnership) may claim support in the form of a grant under the
A person starting to trade is faced with a number of requirements; for example, they must register their business with
The ongoing economic turmoil can only get worse if you make your business vulnerable to fraudsters. As the security measures
When it comes to filing taxes in the UK, the muddled details often confuse small businesses. Well, the financial language
Whether you intend to expand beyond your current geographical region or improve the operational level of your existing eCommerce store
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
Do you perform construction industry-related tasks? Well, that means you will have to register as per HMRC’s Construction Industry Scheme
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
Preparation, that’s what it takes to file tax returns without any mistake. And when it comes to preparation, your first
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,
What is an ISA? What makes it different from any other savings or investment vehicle? What are the different types
You’ve got a great business idea, you’ve done all the relevant market research, you have a bulletproof business plan, and
What to expect from incorporating your business. With a new tax year almost upon us, many sole traders will be
An investment strategy might include a range of different elements, from pension savings to alternative savings and investment strategies. The
There is no statutory definition of ‘employment’ or ‘self-employment’, so determining whether someone is employed or self-employed is not straightforward.
Setting up in business is a great new chapter in anyone’s life. As well as the exciting stuff like naming
Entrepreneurs’ Relief reduces the amount of Capital Gains Tax payable when you dispose of (sell) shares in all or part of your
Capital Gains Tax comes into play when you make a profit from selling something you own. The important point to
When moving to new tax year 2019-20, please take a note of the following changes below: 1) Global Tax Code
It is important to keep your personal tax affairs in order so that you avoid incurring any Tax Return late
Starting a business is an exciting and challenging experience, and one which also carries a fair degree of risk. During
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.
