Categories:

It wasn’t that long ago that HMRC was paying particular attention to businesses understating large cash sales. Now, the decline of cash has led to a proliferation of software used to suppress electronic sales records.

Categories:

The first Budget since October 2021 was widely expected to be an uneventful affair. Five months ago, the then new Chancellor, Jeremy Hunt, presented an Autumn Statement that was more

Categories:

While the majority of the 2023/24 tax rates were released in the autumn, some changes involved unwinding the announcements of Mr Hunt’s predecessor. With inflation and cost of living concerns foremost for the majority of individual and business taxpayers, the Chancellor needed to balance longer-term economic imperatives with perhaps shorter-term political concerns.

Categories:

A new points-based penalties regime will impact businesses who submit their VAT returns or pay their VAT late.

Categories:

Falling energy prices and higher-than-expected tax revenues mean that the outlook for Mr Hunt’s Spring Budget was a little less bleak than expected. However, did the Chancellor announce any good news for businesses in this Budget?

Categories:

2022 inflation was 10.5% with varied components. With end of 2023 predictions of around 5%, any financial planning needs to consider its value-eroding effects.

Categories:

A business exit strategy is a strategic plan that business owners use to leave or sell the business. Understanding the types of exit strategies available and the most suitable one for you is a crucial part of succession planning.

Categories:

HMRC’s app was launched a year ago and is gaining in popularity as it is being used to pay self-assessment tax bills.

Categories:

In many successful businesses we work with at Barnes Roffe, sustainable growth has been achieved with a trusted, skilled senior leadership team or executive team. Here’s some top tips to build the right team for your company.

Categories:

HMRC’s latest wave of ‘nudge letters’ has been targeted at online sellers, influencers and content creators warning them that they may not have paid enough tax.

Categories:

Owner-managers have historically benefited by withdrawing profits by way of dividends. However, tax changes taking effect from April 2023 will mean this approach may no longer be such an attractive option.

Categories:

Preparing your business for sale will ensure a smoother sales process and increase the value of your business. There is no doubt that early preparation is key.