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Payment Diversion Fraud – Look Out!

Payment Diversion Fraud – Look Out!

Over the last couple of years, cases of payment diversion fraud have been on the rise. In part due to the pandemic and increased remote working, organisations and individuals have become more susceptible to this type of fraud. So, what do you need to know about...

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What are Statutory Accounts?

What are Statutory Accounts?

Who do Statutory Accounts apply to? Before we look at the ins and outs of Statutory Accounts, let’s first clarify which business types they apply to. Statutory Accounts will apply to your business if it is a limited company. Therefore, if you are operating as a sole...

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Autumn Budget 2021 Key Points

Autumn Budget 2021 Key Points

Chancellor Rishi Sunak used the Autumn Budget 2021 to invest taxpayer money in long-term plans he says will secure the economic future of the country. Everything from the NHS, schools, local transport and the culture and leisure sector appear set to benefit from the...

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Why you should get a Business Valuation

Why you should get a Business Valuation

Whether you are thinking of selling your business or not, it is still worth having a free business valuation now. And if you are considering selling up within the next three to five years, it is likely to be beneficial to carry out some forward planning before you exit the business. Exit planning is the process of getting

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Home Working Tax Relief

Home Working Tax Relief

While many people will have started to return to the office in recent weeks, many will also continue to work from home. If this applies to your employees, then they may be eligible for working-from-home allowance. This allowance (or tax relief) can either be paid to them directly in their wage-slip

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Why you Should Pay your Corporation Tax Early

Why you Should Pay your Corporation Tax Early

APRIL 2022 UPDATE: This article has been updated to reflect the 22/23 corporation tax rates and credit interest rates. What is Corporation Tax and who pays it? Corporation Tax is a tax paid by all UK limited companies and it is based on the annual profits that a...

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