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How SMEs can benefit from £6.4 million AI training fund

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Welcome to the Orchard Accountants blog. This is our hub of information where we will detail company developments as well as provide news and insight into the ever-changing world of finances and accounting. If you read something which strikes to your interest, and you’d like to learn more about a particular topic or service we provide, don’t hesitate to get in touch with us today.

How SMEs can benefit from £6.4 million AI training fund

The Department for Science, Innovation and Technology (DSIT) has recently introduced a vital initiative targeted at small and medium-sized enterprises (SMEs) in the Professional Business…

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Everything you need to know about Patent Box

One of the main ways that the Government encourages the use and commercialisation of innovative intellectual property is through tax relief. (more…)

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How your business can benefit from using Management Accounts

Management Accounts consist of regularly updated reports for both internal managers and external stakeholders or investors. (more…)

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Ahead of the 6 July deadline, remember that P11D rules are changing

If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported…

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Why are business plans so important?

Many believe that business plans are only necessary for start-ups and new enterprises. (more…)

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Making MTD for ITSA easier for landlords

Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) represents a significant shift in how individuals, including landlords, must report their income and manage their…

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Reviewing your payroll? Check what’s changed

With the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes and updates to legislation around…

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What are the benefits of using the HMRC app?

The HM Revenue & Customs (HMRC) app was launched in 2023 and has quickly become a key tool for many, with over 80 million interactions.…

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Due a tax rebate? Keep an eye on your account

In a new initiative designed to reduce paper use and unnecessary confusion, HM Revenue & Customs (HMRC) has announced a significant change to the way…

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Looking for a business loan? Here’s what you need to know

For many business owners, taking out a business loan can be a great option for securing extra funds. (more…)

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