How should I manage my bookkeeping?
The world of bookkeeping has changed significantly over the last few years, leading many to ask the question, how should I manage my bookkeeping?
Business news and opinion from Evans Weir > Category: Business Advice | Page 6
How can I diversify my business?
How can I diversify my business is a common question asked by directors, shareholders and business owners for a range of different reasons. It may be the next step on the growth strategy or it may be about balancing risk and in the same way as there are a lot of drivers to diversification, there […]
How do I change my accountant?
In the first of a series of question led blog posts, we consider the sometimes-thorny subject of how to change your accountant. Whether its price, quality of work, changing requirements or the odd dispute that causes you to look at changing your accountant, the fact is business owners are now far more willing to move […]
State Aid Rules and Covid
State aid refers to money provided directly to the business from the public purse i.e. any regional, national or continental Governmental budget. Examples of this could be Government backed loans or EU grant funds.
But nearly one year in to the Covid crisis, the tables have been turned almost completely and there are few businesses that can say they have not been in receipt of one form of Government financial support or another.
Coronavirus – Year End Government Support Round Up
It seems like a lifetime since the Chancellor first announced a package of support for individuals and businesses that were going to be impacted by the national lockdown back in March of this year. With an ever changing backdrop of restrictions, tiers, lockdowns, initiatives, grants and strategies designed to keep people safe and the economy […]
Brexit What’s Changing?: Intellectual Property Rights/Rules
In this short series of blog posts, we are going to consider what is known to be or likely to be changing after the end of the Brexit transition period on 31st December 2020. Whilst a trade deal remains a possibility, it may not include all of the elements we will be featuring and even […]
Building a Viable Business
As the Government continues to grapple with balancing the economy and the provision of further financial support, ‘unprecedented’ seems to have been replaced by ‘viable’ as the most frequently used buzz word – specifically when related to jobs and businesses. There is much talk about avoiding pumping more taxpayer cash into jobs or businesses that […]
SEISS – Making a Claim
HMRC has started contacting self-employed individuals they think could be eligible for the Self-Employment Income Support Scheme (SEISS), based on the information provided in 2018 to 2019 tax returns. To help identify who is eligible, HMRC is inviting people to use an online checker, which will quickly confirm eligibility and then provide a specific date […]
Covid19 Self-Employed Support: Top Actions for The Self-Employed
If you are self-employed and the Covid-19 pandemic has hit your income and/or contracts, here are 5 things you can do to access support and mitigate the impact: 1. Apply to the Self-employment Income Support Scheme (SEISS) The scheme will support self-employed individuals (including members of partnerships) whose income has been negatively impacted by COVID-19. […]
Covid19 Support: Top Actions for Individuals
If your personal circumstances have been impacted by the Covid-19 pandemic, here are 3 ways that you can try to ease the financial burden. 1. Take a rent or mortgage holiday All major mortgage lenders will provide you with a 3-Month repayment holiday. However, you should remember that this is not a reduction in your […]
Covid19 Business Support: Top 5 Actions for Business Owners and Employers
If you own a business and/or employ staff via a PAYE scheme, and the Covid-19 pandemic has hit your business, here are 5 things you can do to access support and mitigate the impact: 1. Apply to Furlough your employees via the Job Retention Scheme. Furloughing your staff means the government will support you in […]
What is Furloughing?
The Job Retention Scheme has been set up to help pay people’s wages. Any employer in the country (small or large, including charitable or non-profit) will be eligible for the scheme. The scheme makes regular references to ‘Furloughing‘ employees, a largely unheard-of term now the ‘F’ word of choice around the country. But what does […]