New Audit Thresholds: What They Mean for Your Small Business
As of 1st October 2024, significant changes to audit thresholds have been implemented, impacting thousands of small and medium-sized businesses (SMEs). Over 132,000 businesses are now exempt from mandatory audits due to these new rules, offering potential cost...
Preparing for the Autumn 2024 Budget
Well folks, the first Autumn Budget under the new government is almost here, and there’s a lot on the table that could impact small businesses. Set for 30th October 2024, this Budget is expected to bring some key changes, particularly in taxation, funding, and...
Top Tips for Navigating Business Tax Deductions
When you’re running a business, understanding tax deductions can be the difference between a nice bit of savings or a hefty, unexpected bill from HMRC. Knowing what you can claim back isn’t just about ticking boxes—it can keep more of your hard-earned cash in your...