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New Financial Year Goals!

Posted by Charlotte Morley in Accounts, Business, Start Ups, The Business Hut, Tips, Xero | 0 comments

Procrastination is part of human nature, it’s amazing how mundane things like housework become super important when you have a project on the go or deadline that should be tackled. The house and garden usually gain more attention when putting something off. As small business owners one of your new year’s resolutions may have been to convert to a new accounting software in the new financial year.

Keeping your business Cyber Secure

Posted by Charlotte Morley in The Business Hut | 0 comments

This month we had the pleasure of attending Accountex 2017. We met with lots of forward thinking businesses and it was great to see what the future holds for accountancy and finance. Whilst we were there we attended an interesting seminar delivered by Graeme Brand from Barclays, discussing Cyber Security.

Every industry is now affected by the move to cloud software and opening ourselves up to the threat of cyber crime. Businesses across the UK lost over £1bn to online crime in 2015-2016 (Source: Get Safe Online).

What is the Confirmation Statement?

Posted by Charlotte Morley in Accounts, Business, News, The Business Hut | 0 comments

You may have heard that from 30th June 2016 the confirmation statement replaces the annual return. We often get asked what this means and understand that you may still have questions. We’ve provided the details you need to know in our latest blog.

A Rise in the National Living Wage – April 17

Posted by Charlotte Morley in Accounts, Business, News, The Business Hut, Tips | 0 comments

From 1st April 2017 The National Living Wage (NLW) was given a little bump! The rise to £7.50 per hour is in line with Chancellor Phillip Hammond’s Autumn Statement announcement in November. The National Minimum Wage (NMW) is the minimum pay per hour most workers are entitled to by law. The rate will depend on a worker’s age and if they are an apprentice.

Budget 2017 – Headlines

Posted by Victoria Morley in Accounts, Business, News, Start Ups, The Business Hut, Tips | 0 comments

Here’s a brief roundup of the key headlines from the chancellor’s first Budget:

The state of the economy

  • UK second-fastest growing economy in the G7 in 2016.
  • Growth forecast for 2017 upgraded from 1.4% to 2%.
  • But GDP downgraded to 1.6%, 1.7%, 1.9% in subsequent years, then 2% in 2021-22.
  • Inflation forecast to rise to 2.4% in 2017-18 before falling to 2.3% and 2.0% in subsequent years.
  • A further 650,000 people expected to be in employment by 2021.