The decline of cash In the UK and across the world, figures show that the use of cash is in steep decline, as consumers make the move to digital payments with apparent ease; In 2006, 62% of all payments in the UK were completed with cash. By 2016, that figure was 40%.... read more
Are you ready to upscale your business?

Are you ready to upscale your business?

A growing SME is a very different animal from when you first launched it. So, what do you need to bear in mind to scale your growth? The simple fact is that a business needs to make money. Whilst it’s tempting, in the early days, to think that profitability is less... read more
Director Minimum Salary Levels

Director Minimum Salary Levels

It’s not unusual for Directors to take a minimum salary and the balance as dividends. This helps reduce the National Insurance Contributions (NIC), and in some cases Income Tax. The important point to achieve is a salary that qualifies for state benefits, including... read more
5 Ways to become a more inspiring leader

5 Ways to become a more inspiring leader

As entrepreneurs, we need to wear many hats. Our responsibilities often cover a wide range of responsibilities, from marketing and business development to accounting and HR. As a business grows and begins to expand, we need to get help with the tasks that we either... read more
Making Tax Digital

Making Tax Digital

From April 2019, HMRC’s much vaunted ‘Making Tax Digital’ (MTD) scheme will apply to VAT registered traders, who have a turnover above the VAT threshold. Businesses with a turnover below the threshold (£85,000) will not be required to use the system, although they can... read more
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