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Seven ways to tell if it’s time to change your accountant

Deciding to switch accountants can feel like a big step, but as your business needs change it may become a necessary one. Here are seven ways to tell if it’s time for a change: 1. You only see your accountant once a year Accountants shouldn’t just be about facts and figures. At Bennett Verby, we[...] Read more »

HMRC advise businesses to prepare for a no-deal Brexit

Business owners are being urged by HMRC to prepare for a potential no-deal Brexit by taking steps to ensure their businesses can continue to trade with the EU and the rest of the world if the UK leaves the EU without a deal. In their letter to VAT-registered businesses, HMRC outline potential changes to customs[...] Read more »

It’s never too early to plan for the tax year end

Are you ready for the new tax year? While it’s not necessarily a time to say ‘out with the old and in with the new’ it’s still a good time to check whether you’re making the most of your tax allowances and finances. Read on for advice about reducing your tax bill, as well as[...] Read more »

Key financial dates for 2019

There’s a lot happening in 2019, from Brexit uncertainty to changes to how much money ends up in your pocket, your pension and the taxman’s hands. Here are a few key dates to keep an eye out for this year. 1 March During March, NS&I are implementing changes to the rules around Premium Bonds. The[...] Read more »

Pre-mortems: how thinking about the worst outcome can be best for your business

‘A pre-mortem in a business setting comes at the beginning of a project rather than the end, so that the project can be improved rather than autopsied.’ Gary Klein, Research Scientist, in Harvard Business Review With a few gloomy months behind us and predictions of financial turmoil ahead, the business environment has become increasingly uncertain.[...] Read more »

Are open plan offices the key to a fitter workforce?

As part of our staff wellbeing strategy, we’ve been looking at health in the workplace and how the simplest changes can make a surprising difference. Most of us are familiar with step challenges: tackling the office stairs instead of the lift, or walking the ‘long way’ from car to house to reach the magical 10,000[...] Read more »

Tired of winter and considering your next holiday? Here’s what you need to know about buying a holiday home to let

Christmas is over, the decorations have come down and last summer is a warm but distant memory. January is a popular time of year to start looking at holiday options, but what are the possibilities if you buy a holiday home to rent out? A Furnished Holiday Let, or FHL, can have some of the[...] Read more »

A quick guide to Company Voluntary Arrangements

With stories of struggling retailers dominating the news, we look at a common route for insolvent businesses: the CVA, or Company Voluntary Arrangement. The CVA was originally designed as a ‘consensual restructuring vehicle’ that had none of the stigma of administration. Under a CVA, the directors of a struggling company would retain control of the[...] Read more »

Gift aid – how to give more this Christmas

In a bid to avoid a wave of unwanted (and unrecyclable) plastic, many people are deciding to give to charity instead of swapping gifts this Christmas. UK taxpayers have the option to make charitable donations through Gift Aid, allowing charities to reclaim the tax on donations from HMRC. Donations to charities or Community Amateur Sports[...] Read more »

Auto-enrolment – your responsibilities to your employees

Since auto-enrolment began in 2012, over nine million people have joined workplace pension schemes. As legislation changes and spot checks happen more often, it may be worth considering using a payroll provider to give you peace of mind that the rules are being followed and to help reduce the risk of arrears and penalties. Here[...] Read more »


 

 

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