Restaurant Industry in Trouble

Restaurant Industry in Trouble

Despite the help given during the pandemic, many restaurants find themselves struggling to recover. A recent survey by UHY Hacker Young revealed that an incredible 70% of the top 100 restaurants in the UK are making a loss. In many cases the difficulty was attributed...
IT Support For Small Business

IT Support For Small Business

We are pleased to say our practice is now big enough to employ a full time IT technician. Welcome Williiam! Having William as a resource has been tremendously helpful in the smooth running of the business. Luckily his broad knowledge allows him to tackle a wide range...
Starting a Business – One minute briefing

Starting a Business – One minute briefing

My advice to someone starting a business takes account of all the failures I have observed over the years as a practising management accountant. Running a business exposes you to new challenges and often to extreme competition. (Think of the effects of Trip...
New way to get an unexpected tax refund

New way to get an unexpected tax refund

Normally a Company can carry back a loss against its previous year. The budget announced a temporary extension to allow losses to be carried back up to three years. This can trigger a refund of tax paid in these previous years. In detail, Companies having accounting...
Covid-19 successor loan now up and running

Covid-19 successor loan now up and running

Covid-19 successor loan now up and running The 2021 Budget announced a replacement of the Bounce-Back and other Covid loan schemes. It is called the Recovery Loan Scheme (RLS) and is now open to applications. It runs until December 2021, subject to review. You apply...
Your tax return for the year to 5th April 2021 – Remove the Pain!

Your tax return for the year to 5th April 2021 – Remove the Pain!

Many things have changed because of the pandemic. We have changed, and we hope, for the better. We plan to do all our Client’s tax returns early this year in order to give you peace of mind. Thus, you will know how much tax you need to pay well in advance, and know that a major pain has been removed from your mind.