by Steve Greehy | 17th January 2020 | News
A survey carried out in the UK by cloud accounting software provider, Xero has revealed the most common cashflow problems organisations of this size are facing. It was found that among the 500 owner-managed businesses questioned, late payments (54%), tax rates (44%)...
by Steve Greehy | 9th December 2019 | News
The Ministry of Justice has just announced that controversial plans to increase probate fees have been abandoned. The new scheme was set to come into effect earlier this year but with much of parliament’s time being taken up by Brexit debates and now a December...
by Steve Greehy | 13th November 2019 | Blog
Fraud costs the UK an incredible £190 billion a year. Sadly for businesses, they bear a significant proportion of this cost with £140bn of these losses being attributed to them. What’s even more worrying is the 2019 Fraudscape report which provides statistics for...
by Steve Greehy | 13th November 2019 | News
According to new government figures, a record number of estates paid inheritance tax in 2016/17. A 15% rise compared to the previous year’s figure of 24,500, the data shows that more than 28,100 estates were liable for death duties in 2016/17. This continues the trend...
by Steve Greehy | 25th October 2019 | Blog
As the global financial crisis took hold in 2008, banks attempted to bring the world economy back to life by slashing base interest rates. The idea behind this is to make saving less attractive, thus prompting people to spend their money instead. In the UK, the Bank...