In a world where technological advancements are reshaping industries, small and medium-sized enterprises (SMEs) cannot afford to be left behind. The hesitance to embrace new technologies, epitomised historically by movements like the Luddites in the 19th Century, can impede growth and competitiveness. For SMEs open to innovation, Artificial Intelligence (AI) offers a host of opportunities…
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Cloud-powered accounting: Advancing beyond traditional cloud accounting systems
In modern businesses, cloud accounting has now become the norm rather than the exception.
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Best practices for business and personal finances
Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make.
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Navigating estate planning and Inheritance Tax: what you need to know
HM Revenue & Customs (HMRC) recently announced that Inheritance Tax (IHT) receipts were up by £200 million between April to July 2023, making this a record high.
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Understanding tax obligations for charities
Knowing your charity’s obligations to HM Revenue & Customs (HMRC) is important, as you will have different requirements to standard businesses.
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Why companies fail to pay the National Minimum Wage and how to avoid the same mistakes
The Government recently named over 200 companies for failing to pay the national minimum wage (NMW). The list includes firms of all sizes and various sectors. Some notable brands include WH Smith, Argos, and Marks & Spencer. Those named were found to have failed to pay their workers almost £5 million and were told to…
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