Most Recent Issue

HOLIDAY PAY

Mitigating the cost of untaken holiday

As employees start to return to work, your company could be facing a backlog of annual leave requests. How can you manage it to avoid staff shortages?
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CORONAVIRUS - STATUTORY ACCOUNTS

An ongoing concern?

Due to the coronavirus pandemic, auditors are increasingly referring to going concern uncertainties in their audit reports on company accounts. What could this mean for your company?
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CORPORATION TAX

How to cash in on trading losses

According to the Bank of England, the UK is facing the worst recession in 300 years so many companies will be making losses in 2020. If your company is one of them, how can you turn these losses into cash refunds?
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COMPANY CARS

Private fuel - getting the details right

A 2020 case highlights the risk of not getting the details right when asking company car drivers to reimburse the cost of private fuel. How can you ensure your company won’t be a hit with an unexpected NI bill?
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CORONAVIRUS - CLEANING COSTS

Polishing off those cleaning costs

Ensuring that the work environment is “Covid-19” clean is likely to be top of every business’ to do list. This could involve more cleaning and more costs, so are there ways to cut back and keep staff safe?
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CORONAVIRUS - WASTE

Why waste money?

All businesses create waste. However, if productivity is down or the site has fewer people working at it than usual, the amount of rubbish will be lower. How do you ensure that this is reflected in your contractor’s bills and what are the potential savings?
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CORONAVIRUS - ENERGY COSTS

Keep energy costs under control

If you are about to reopen the offices or a workplace then now is the time to do a few quick checks that could save hundreds of pounds in energy payments. What are they and what will you save?
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LEGAL FEES

Lowering legal fees

Research shows that SMEs experience eight legal issues a year, with half resulting in costs of £5,000. But many businesses are reluctant to use lawyers. What are the benefits of hiring one and how can you push their fees down?
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CORONAVIRUS - INSURANCE

Business interruption insurance - are you covered?

Some insurers are refusing to cover losses arising from the coronavirus pandemic so the FCA is seeking an urgent court decision to provide clarity. What steps can you take in the meantime to put the company in the strongest position possible?
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SUCCESSION PLANNING

Benefits of an employee ownership trust

The controlling shareholders are looking to retire and would like to pass on the company to their employees, but a management buyout isn’t appropriate. Could setting up an employee ownership trust (EOT) be the answer?
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SPREADSHEETS

Using Excel’s MOD function when drawing up budgets

You’re drawing up revised budgets and forecasts and need to allocate amounts across months. Using Excel’s MOD function can help simplify the process. How does it work?
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CORONAVIRUS - FURLOUGH

A new furlough scheme begins

Last updated: 03.07.2020

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