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By Armstrong Watson

25th April 2024

Family Business Report 2024: Almost 50% of business owners are concerned cashflow may not cover outgoings

The findings of Armstrong Watson's latest Family, Privately Owned and Owner-managed business survey reveal 49% of business owners are worried about the impact of cashflow and not having enough to cover their outgoings.

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By Andy Poole

25th April 2024

Planning for Managing Partner Succession: A Key to Business Continuity

Whether you are a national law practice or a small local firm, one of the key decisions that must be made will be the succession of the managing partner. It is 100% certain that this will happen at some point if the firm is to continue … it’s just a matter of when and to whom!

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Academies Accounts Directions

By Steve Williams

22nd April 2024

2024 Academies Accounts Direction (AAD) Updates: What you need to know

It seems not long since we finished the 2023 financial reporting cycle, but we've entered the final term of school, and the 2024 year-end is fast approaching.

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By Scott McIver

17th April 2024

What tax enquiries can HMRC make?

Tax enquiries can happen to anyone – some taken up on an entirely random basis - so it is worth familiarising yourself with the types of enquiries HMRC conducts.

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By Richard Woolgar

17th April 2024

How you can use Xero to improve and streamline your invoicing process

If you want to make your invoices stand out, get paid faster and save time, leading cloud-based accounting software Xero, and its advanced invoice features, can help you achieve this.

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financial records and a clock

By Helen Robinson

17th April 2024

Is your financial record keeping taking too much time?

Here are our top tips for reducing the headaches caused by financial record keeping...

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By Adam Pattison

16th April 2024

The benefits of incorporating a limited company

There are a number of things to consider when it comes to starting your own business and near the top of the list will be choosing the most suitable trading option.

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By Huw Nicholls

12th April 2024

Interest Income on Client Monies: SRA Guidance

From December 2021 until August 2023 the Bank of England raised interest rates from a historic low of 0.1% to 5.25%. As a result, many law firms are now receiving significant amounts of interest income on client monies.

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By Graham Poles

6th April 2024

Tax changes for the 2024/2025 tax year

A string of changes for businesses and individuals are now in force and it is vital to consider how they will impact you and your business when it comes to your financial planning for the new fiscal year.

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By Brian Rudkin

3rd April 2024

Reminder to employers to report benefits in kind to HMRC

All businesses, regardless of size, are required to report taxable benefits in kind and certain expenses provided to employees and directors. This is done annually through a P11D form submitted to HMRC.

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