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We are a small, owner managed accountancy practice,
who believe in helping our clients all year round.

The
Latest News

We are a small, owner managed accountancy practice,
who believe in helping our clients all year round.

Get Ready For 2025: Key Changes To Prepare For In The New Tax Year

Get Ready For 2025: Key Changes To Prepare For In The New Tax Year

The start of a new year brings new opportunities – but only if you’re prepared for the challenges ahead. With revised National Insurance contributions on the horizon and shifting company size thresholds also proposed, business owners must adapt swiftly to stay compliant and protect their bottom line.

Fortunately, with a bit of planning and the right guidance, you can tackle these challenges head-on – setting your business up for success. Here’s what you need to know and how to prepare…

The Autumn Budget 2024: Key Insights For UK Business Owners

The Autumn Budget 2024: Key Insights For UK Business Owners

On 30th October 2024, Chancellor Rachel Reeves unveiled her Autumn Budget – marking the first Labour-led Budget in 14 years.
 
After uncovering a £22 billion deficit back in July, the Labour government demonstrated their commitment to restoring stability to the UK economy in the Budget. For business owners, it has mixed implications. Let’s explore them…

Navigating The UK’s Low-Growth Cycle: Budgeting Tips For Startups And SMEs

Navigating The UK’s Low-Growth Cycle: Budgeting Tips For Startups And SMEs

The UK economy is “stuck on a low-growth treadmill”, according to the British Chambers of Commerce. This follows a modest GDP rise of only 0.2% in early 2024. With 22% of British businesses reporting decreased turnover, and more recent figures showing only slight improvements, it’s clear that startups and small to medium enterprises (SMEs) are facing challenging times in this sluggish climate.

2024/25 Tax Year: What Changes Will Impact Your Business?

2024/25 Tax Year: What Changes Will Impact Your Business?

As usual, the beginning of a new tax year brings about many finance-related changes that will affect your business. Some of these were only announced recently – during the Spring Budget.

So, what changes can you expect to impact your company accounts for the 2024/25 tax year? Read on to find out, as well as what you could be doing to improve your tax efficiency for the year ahead.

Spring Budget 2024: The Key Takeaways

Spring Budget 2024: The Key Takeaways

As he did this time last year, the Chancellor Jeremy Hunt stepped up inside a charged House of Commons to deliver all the details from his Spring Budget. As it happened, there were no real surprises that hadn’t already been unveiled pre-announcement. Nonetheless, there were plenty of important takeaways for SMEs and hospitality businesses.

The tip of the iceberg revealed that inflation is now at 4%, with the OBR forecasting it to fall below 2% in a few months’ time – a stat that affects us all. Not got time to rifle through the rest of the 94-page official document to see what else impacts your business? We’ve pulled out some highlights which may just save you the trouble…

Autumn Statement 2023: All The Announcements That Affect The Self-Employed

Autumn Statement 2023: All The Announcements That Affect The Self-Employed

The Chancellor of the Exchequer, Jeremy Hunt, delivered his Autumn Statement for 2023 on 22nd November. There was positive news: inflation is now at 4.6% and is due to reduce to 2% by the close of 2025. And, as usual, measures were announced to boost the economy – it’s anticipated to grow by 0.6%.

In this blog, we’ll take you through the relevant announcements, along with how they’re expected to affect your self-employment business.

What To Look For In A Small Business Accountant

 When you’re running a business, finding the right accountant can make a world of difference to your operations. Beyond crunching numbers, an experienced accountant can steer you through the complex world of tax compliance, cash flow management, and planning for...

Spring Budget 2023: The Key Takeaways

The Chancellor of the Exchequer, Jeremy Hunt, has unveiled the contents of his Spring Budget. There was plenty to unravel, with a heavy focus on getting people back to work and generating long-term sustainable growth. He also addressed the elephant in the room:...

Case Study – Mighty Giant

We welcomed Mighty Giant on board in spring 2022. Although we’re only just getting started, it’s been a successful journey so far. Their Founder and Creative Director, Jonathan Ashworth, explains why he began working with Nabarro Poole and how we’re helping to deliver...