Insights

Key accounting technologies for business owners

One of the most radical changes to finance teams over the last decade has undoubtedly been the adoption of cloud accounting. The appeal of a cheaper, highly functional cloud-based system has had businesses transitioning in the masses from the traditional clunky desktop packages to cloud technology, which provides more meaningful outputs and reduces time-consuming inputs.

Positive change for the environment & employees

Employers can review their reward strategy and align it with their environmental goals to make positive change to employee pay and benefits as well as the environment.

Narrative & financial reporting disclosures

Even though the clear priorities for companies is focusing on the ongoing economic and social impact of Covid-19 and climate-related matters, companies must still ensure disclosures within their reporting sufficiently address the risks and uncertainties surrounding the UK’s EU exit.

Preparing financial statements for the year-end

With the new rules effective from 1 January 2021, businesses must understand and implement the changes required and ensure they are reflected in the way they prepare their annual financial statements.

ESG- why this is important for your business today

Today's financial system supports most Governments through the taxes from jobs and associated income; and this results in Governments, amongst many other roles, being able to be the foundation for education and healthcare.

Privately Owned Business Newsletter: December 2020

From Brexit implications, protecting your business, sustainability and economic updates, our Privately Owned Business December issue is full of information to help you and your business as we move into a new year.

Family Business Survey 2020

Family businesses operate in all shapes and sizes across all sectors and are an integral part to the UK’s economy. They have a daily impact on the way we live our lives and help shape the nation, creating income, wealth and employment.

Privately Owned Business Newsletter: October 2020

From the effects of the UK's upcoming EU exit, to the latest government support updates, and economic developments, there are many changes privately owned businesses should be aware of to secure their business during these challenging times.

Exploring Family Business Podcasts

Our Exploring Family Business Podcasts delve into the inner workings of family business in the UK today. Each week Natalie Wright, our Head of Family Business, interviews a panel of special guests, all of whom work in this sector, to discuss the challenges they face and their strategies to overcome these.

Covid-19 Report - SME Government Support

We are pleased to have co-led a survey, completed by 100 partners and other senior staff from leading accounting firms who serve SMEs across the UK. The survey explores the effectiveness of Government support for SMEs concerning Coronavirus and calls for some significant changes in approach.

Creating a vibrant and sustainable SME sector

Ensuring a vibrant SME sector is vital for the health of the economy. In 2019, SMEs made up 99% of all UK businesses employing over 16 million members of staff and the self-employed.*

Covid-19 Guidance for Directors of SME businesses

How to plan for Successful Succession

Succession planning is the strategic process of identifying the future leaders of your business; those who will take over when current leaders step down.

Inheritance Tax Planning

Inheritance Tax can often be seen as the cruellest form of tax and can cost your loved-one’s thousands as assets accumulated over your life time that have been taxed, will be taxed once more after death.

Types of Business Sale

When planning for exit, it is important to understand the different sale options available to you, and how these could help drive the value of your future personal wealth.

Benefits of Employee Ownership

It’s easy to see why Employee Owned Businesses (EOBs) are becoming an increasingly popular choice of business model in the UK. They have the ability to generate enhanced productivity, have greater engagement and increase innovation.

Tax implications of Business Sale

When buying or selling a business, there are numerous tax opportunities as well as potential tax pitfalls. Not planning ahead or ignoring tax implications can end up being an expensive slip-up.

How to invest your money post business sale

When the time comes to sell, it’s important to not only prepare your business but also make sure that the wealth you receive from the sale is protected and managed correctly to help you achieve your personal financial goals.