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Tax Season Preparation Tips for Small Businesses

As the 2023-24 tax year ended on 5th April 2024, many small business owners may be tempted to put off their tax returns until later in the year. 

However, early tax preparation can save you from last-minute stress, help you avoid costly mistakes, and ensure you’re not scrambling to meet the deadline. 

Here’s how you can get ahead and make the most of the months leading up to tax season.

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UK Grocery Inflation Drops to Lowest Rate Since October 2021

After what feels like an eternity of watching prices creep higher and higher, UK grocery inflation is finally showing signs of slowing down. For the first time since October 2021, we’re seeing a significant dip in the rate of grocery price increases, which comes as a relief to many small business owners.
This blog dives into the details and explore what this means for you and your business.

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Accounting for E-commerce: Tackling the Digital Marketplace

In the bustling digital marketplace, e-commerce businesses are like the high-speed trains of the commercial world. They move fast, carry a lot of momentum, and are powered by innovation and technology. But just like any high-speed train needs a skilled driver and a...

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Self-Assessment Tips

Navigating the complexities of taxation can be daunting for small business owners, especially when it comes to the annual self-assessment tax return. While it's essential to remain compliant and submit accurate returns, there are several strategies and tips that can...

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Business Process Improvement Examples

In today’s competitive business world, finding ways to improve efficiency in your organisation is crucial for success. But where do you begin? We’ve put together some business process improvement examples to help you understand what you may be able to do to streamline...

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