Bob’s blog

Call our experts now – 01706 225 617

Stay

Explore our collection of informative articles covering a wide range of topics from tax updates to regulatory changes. Whether you’re a business owner, entrepreneur, or simply interested in finance, our blogs offer content tailored to give you the latest industry news and practical tips and advice.

How To Maximise Your Tax Efficiency As A Small Business Owner

As a small business owner, managing your taxes is crucial for saving money and ensuring your business operates smoothly. With careful planning, a proactive approach and professional accounting services, you can reduce your tax liabilities, keep more earnings, and reinvest in your business.

Read More

Why Cash Flow Management Is Critical For Your Business’s Survival

Cash flow management is one of the most important aspects of running a successful business. Whether you’re a startup entrepreneur or a well-established enterprise, managing cash flow effectively ensures that your business stays operational, profitable, and prepared for future growth.

Read More

The Benefits Of Outsourcing Payroll For Growing Companies

As businesses grow, so do their operational complexities. One area that often becomes more demanding as a company expands is payroll management. Ensuring that employees are paid accurately and on time, while complying with various tax and regulatory requirements can be time-consuming and error prone.

Read More

Goodbye to Furnished Holiday Lets: Key Tax Changes

For over 40 years, furnished holiday lets (FHLs) have offered landlords significant tax advantages. However, the rise of platforms like Airbnb, combined with low interest rates, has seen an influx of property purchases for short-term letting. This trend has disrupted residential lettings and reduced housing availability for first-time buyers.

Read More

Paying yourself as a director of a Community Interest Company (CIC)

As a Community Interest Company (CIC) director, you can pay yourself for your work—just make sure it’s done responsibly and aligns with your company’s mission. CICs are built to benefit the community, so unlike traditional businesses, any director compensation needs to be carefully justified and transparent to avoid compromising this purpose.

Read More

What Is The Role Of A Company Secretary? Key Duties Explained

The role of a company secretary in today’s corporate environment is crucial and cannot be underestimated. Often referred to as the backbone of corporate governance, the company secretary ensures compliance with legal and regulatory requirements, upholds corporate governance principles, and facilitates efficient operations.

Read More

The Autumn Budget 2024

On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to our economy and to begin a decade of national renewal.

Read More

How do I pay less Tax

We hope you find this month’s updates both informative and insightful. If anything catches your interest or if you’d like to discuss any of the topics in more detail, don’t hesitate to get in touch.

Read More

How do I make more profit

We’re excited to bring you this edition of our newswire. We hope you find it an engaging read and, more importantly, a valuable resource.

Read More

Small Business News July 2024

Dealing with an underperforming employee can be a real headache for everyone involved. It slows down projects and can create a negative vibe in the team. But don’t worry.

Read More

Small Business News May 2024

Almost every modern business relies on computer networks for day-to-day operations, and this means that most firms are exposed to cyber risk.

Read More

Tax News May 2024

Although making tax digital income tax self assessment (MTD ITSA) is not mandatory until 6 April 2026 at the earliest, it is possible for certain individuals to join the HMRC pilot testing.

Read More

Landlord News April 2024

From 1 April 2023, the new Minimum Energy Efficiency (MEES) regulations will come into effect, meaning it will not be legal to let a property with an Energy Performance Certificate (EPC) rating below ‘E’.

Read More

Small Business News April 2024

Way back in the 1920s the Hawthorne Studies, conducted by Elton Mayo, highlighted the importance of groups in affecting the behaviour of individuals at work.

Read More

Small Business News Feb ’24

The gender pay gap has been declining slowly over time and in the last decade it has fallen considerably. However, there is more work to be done, to ensure that employees are paid equally for doing the same work, regardless of their gender.

Read More

Small Business Tax News Feb ’24

Welcome to my latest monthly tax newswire. We hope you enjoy reading this newsletter and find it useful. Contact me if you wish to discuss any issues further.

Read More

Small Business News Jan 24

Businesses that foster a culture of curiosity empower their teams to question, explore, and seek novel solutions, thereby creating an environment conducive to adaptability and creativity.

Read More

Monthly Small Business Tax News

In recent years many accountants have advised their director/shareholder clients that the most tax efficient method of extracting profit from their family company was to pay themselves a low salary, at or around the £12,570 personal allowance, with the balance in dividends.

Read More

Monthly Charity News November 2023

The Kellogg’s Breakfast Club Grants Programme has announced that it will close for applications on the 6th November 2023. The programme offers grants of up to £1,000 to schools in the UK to set up Breakfast clubs for those children in most need.

Read More

Monthly News November 2023

Underserviced markets are groups of customers or potential customers who have unmet or underserved needs, problems, or preferences in your industry.

Read More

Tax News October 2023

In order that we can help predict your taxable profits and tax liabilities we need up to date profit figures and projections.

Read More

Tax News September 23

The Government’s Tax-Free Childcare Accounts provide a 25% subsidy towards the cost of childcare. The account can be used to pay nursery fees, breakfast clubs, after school clubs and registered childminders.

Read More

Monthly News

Software to bring your firm’s data to life. Tableau Desktop software is a powerful and widely used data visualisation and business intelligence tool that helps users to transform raw data into meaningful insights.

Read More

Landlord News July 2023

The Renters Reform Bill, published on 17 May promises increased protections for renters. The Bill is making its way through Parliament, and now that the dust has settled, we can consider why the Bill is of concern to various parties.

Read More

Making More Profit: July 23

The metaverse is an online virtual reality (VR) or augmented reality (AR) space where users can interact with a computer-generated environment and with other users in real-time. It is an interconnected digital universe that extends beyond individual VR or AR experiences, offering a shared online space for people to work, play, and socialise.

Read More

Tax News July 2023

With all of the changes to personal pensions in the Spring Budget, maximising the State Pension entitlement should not be overlooked. The full rate of new State Pension increased to £203.85 per week (£10,600 pa) from 6 April 2023; a 10.1% increase over the 2022/23 rate as a result of the “triple lock” being restored.

Read More

Tax News June 2023

The deadline for reporting shares and securities and share options issued to employees for 2022/23 is 6 July 2023. This is the same as the deadline for reporting expenses and benefits provided to employees on form P11d for 2022/23.

Read More

Landlords News May 23

The Government has published two consultations, both of which are aimed at regulating the short-term letting industry.

Read More

May ’23 Tax News

The deadline for filing the P11d forms to report benefits in kind in respect of directors and employees for 2022/23 is 6 July 2023. Note, however, that the original and amended reports must now be made online and paper returns will be rejected.

Read More

April ’23 Landlords News

From 1 April 2023, the new Minimum Energy Efficiency (MEES) regulations will come into effect, meaning it will not be legal to let a property with an Energy Performance Certificate (EPC) rating below ‘E’.

Read More

Four Ways To Boost Your Company Profits

Welcome to April, the month of new beginnings and fresh opportunities! Time is flying by, but don’t worry, there’s still plenty of time to make 2023 a year of incredible success for your business.

Read More

Tax News March 23

With the UK economy flat lining the Chancellor is under pressure to announce measures to stimulate growth. There are even calls for him to cut corporation tax which is scheduled to increase from 1 April 2023.

Read More

Tax News & CCM Events

Get ready for April 6th, 2023 and be prepared to make this tax season memorable by starting early allowing us to help you more than ever by having time to talk with you and guide you through your taxes, rather than us throwing numbers at you at the last moment.

Read More

Make More Profit January 2023

As we begin the new year, employers are grappling with numerous challenges such as the cost of living, staff wellbeing, hybrid working and economic headwinds.

Read More

Landlord News January 2023

The “Eco Plus” scheme, announced recently by the government, will provide insulation grants to thousands of households across the UK.

Read More

Pay Less Tax December 2022

The new Chancellor Jeremy Hunt had warned the public and the financial markets that his Autumn Statement would include “eye-watering” cuts in public spending and tax rises for those with the ‘broadest shoulders’.

Read More

Make More Money

Scheduling can be hard work – many of us will have experienced the frustration of multiple emails to contacts or clients, just to schedule a meeting or call.

Read More

Autumn Statement 17 Nov 2022

When the Chancellor of the Exchequer makes a fiscal statement to Parliament – whether it is called a Budget, a mini-Budget or an Autumn Statement – the headlines are in the speech and the details are in the Treasury Red Book that is published on the internet when he sits down.

Read More

Business Tips: More Out For Less In

The Toyota Way is a set of principles and behaviours that are key to the firm’s managerial approach. The Toyota Way is supported by two main pillars – continuous improvement and respect for people.

Read More

Make More Profit

Workers quit or changed jobs in their thousands during the so called “great resignation” of 2021. Resignations reached record highs last year, but this isn’t because people left the labour force.

Read More

Pay Less tax

With the departure of Boris Johnson, the contenders as leader of the Conservative Party and Prime Minister (PM) have now been whittled down to the last two – Rishi Sunak and Liz Truss.

Read More

Get in

If you have any specific questions or would like to see how we can help you, feel free to reach out to us on 01706 225 617 or email enquiries@uk-ccm.com.