2018 was a tough year for the retail sector and 2019 does not appear to be any easier. Online competition, resulting in reduced footfall, high rent, rates and increasing staffing costs are only a few of the issues which businesses are facing.
In a recent study it was found that over 50% of new start up businesses do not survive beyond 5 years. In this blog, using my 20+ years of acting for start-ups, I give my Top 5 tips for any new business to consider.
VAT registered business owners may have received a letter from HMRC titled ‘We are modernising the VAT system – get your business ready now’ which asks you to register for Making Tax Digital.
Our MTD committee have the following advice in respect of MTD Bridging Software and how to deal with Complex VAT cases:
This month we get to know new Senior Manager, Adam Croney, based in our Plymouth office.
In the world of business, the need to reimburse staff for expenses they incur is well understood and a regular part of life. Similar issues arise for Charities but I frequently come across circumstances where trustees get this wrong.
Businesses are becoming increasingly frustrated by the government’s inability to reach a consensus on a deal with EU. Without some certainty of what the business environment will look like, post the UK’s leaving date of Friday 29 March 2019, many are deferring any investment plans which is causing a stall in the economy.
Everyone in farming will have learned something from 2018. For me it has shown that it has really important to understand the risks affecting farming businesses (and their families) and what might be done to mitigate them.
Our in-demand Business Recovery and Insolvency (BRI) department has been further strengthened by the arrival of experienced specialist, Kerry Austin.
HMRC have recently admitted that over 200,000 parents receiving Child Benefit could be forgoing part of their future entitlement to State Pension.