Biggest Tax Raising Parliment

By Gary Robinson / October 14, 2023

The Institute for Fiscal Studies (IFS) has stated that this has been the biggest tax-raising parliament since records began, pushing UK tax revenues to historically high levels. They comment “At the time of the last general election, UK tax revenues amounted to around 33% of national income. By the time of the next election in…

Read More

Managing your cash flow

By Gary Robinson / October 7, 2023

The REALLY important stuff! With the constant news surrounding the economy, interest rate uncertainty, and high inflation, it is difficult not to worry about these issues and lose sight of what’s really important – the health and welfare of you and your loved ones.  The issue we all face is a potent mix of inflation,…

Read More

Challeging Times

By Gary Robinson / June 24, 2023

Recently we have seen increasing interest rates, the largest monthly house price fall for nearly 14 years by 3.4%, and businesses and individuals paying the highest tax burden since the 1960’s. Times are likely to remain challenging for many businesses, however history shows us that that when things are difficult, genuine quality always rises to…

Read More

What Really Important

By Gary Robinson / May 6, 2023

What’s really important? With the constant news surrounding the economy, interest rate uncertainty, and high inflation, its difficult not to worry about these issues and lose sight of what’s really important – the health and welfare of you and your loved ones. The issue we all face is a potent mix of inflation, recession, high…

Read More

Building business resilience

By Gary Robinson / April 29, 2023

Millions of businesses and households are struggling with their energy costs, alongside increases in general taxation, the cost of council tax, water bills and other utilities.  Is it all doom and gloom or can you plan forward and make adjustments in, and to, your business to factor in these changes? Our experience tells us that…

Read More

Managing Your Cashflow

By Gary Robinson / April 15, 2023

With increasing supplier prices and economic uncertainty, managing your business’s cash and understanding the flow are now vital tools in maintaining resilience and being able to adopt flexible strategies for success. Cash flows are a reflection of all the cash that is flowing in and out of a business. Owners can look at the direction…

Read More

Mitigating Long-Term Inflation   

By Gary Robinson / April 8, 2023

With continuing inflation in the UK, many of us and our businesses have been put “off track” in the short to medium term. The Bank of England recently increased interest rates by a quarter of a percentage point to 4.25 per cent, despite the turmoil that has engulfed banking in recent weeks. The rise was…

Read More

Is the UK going to swerve a recession?

By Gary Robinson / March 4, 2023

Better than anticipated purchasing managers’ index (PMI) data for February indicate encouraging resilience of the economy in the face of headwinds which include rising interest rates, the ongoing cost of living crisis, labour shortages and strikes. While many companies continue to report tough operating conditions, especially in the manufacturing sector, the broader business mood has…

Read More

HMRC is changing how they assess profits

By Gary Robinson / December 3, 2022

How HMRC assesses profits for sole traders and partnerships who use an accounting date between 6 April and 30 March will change from 6 April 2023. This change will not affect companies. Your accounting date is the last day of the period that you prepare your accounts for. You choose your accounting date when you…

Read More

Business News

By Gary Robinson / November 5, 2021

Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you!COP26 – UN Climate change conferenceThe UK is hosting the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow until…

Read More