TOPIC
How to avoid penalties amid HMRC’s crackdown on late filings
Key points HMRC is cracking down on late filings, with penalties rising. Accounting professionals hold a vital role in helping small businesses comply. We provide the top three pieces of advice to help small businesses avoid penalties. It’s long been...
Successfully planning for seamless succession and AI integration
Key points Succession planning is vital for all businesses, big or small. The stigma around people moving on can hinder preparations. For a...
“Light touch sustainability” could encourage more businesses to develop a strategy
The gulf between the haves and have-nots raises concerns about the readiness of UK businesses to meet future environmental targets and capitalise...
AI hacks for accountants to turbocharge productivity
Data shows that AI-enabled practices expect to hire 10 times more employees and triple their revenue growth compared to non-users, outpacing...
From Boomer to Gen Z: How the generational gap impacts small business
Key points Accountancy firms can now include up to four generations co-existing in the workplace. Effective communication is the number one...
How small businesses can use strategic thinking to set themselves up for future success
Some of the best success stories are from firms who carefully plan strategy. However, in the midst of day-to-day firefighting of high workloads...
Can your client phoenix after liquidation?
Phoenixing is one route that could make this second chance possible. It’s the process of eliminating the debt of an insolvent company through a...
How to protect your supply chain from money laundering
NCA’s cotton import case underscores the need to understand the source of goods and services. Key points A landmark court judgment has heightened...
How to protect your firm from falling victim to cybercrime
Key points The NCA recently stopped a major cybercrime marketplace: a prolific DDoS-for-hire service. As threats rise, the new government...
Beyond numbers: using words not buzzwords to engage clients
Contrary to conventional wisdom, “move the needle’ has nothing to do with vinyl record players, and is instead a corporate phrase meaning to...
Tax evasion by small retail businesses increases to £4.4bn
The ‘Tackling tax evasion in high street and online retail’ report, released 9 September, revealed that evasion from small businesses – which...
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