Take advantage of the super deduction allowance – before it’s gone
Businesses are being advised that time is running out to be able to take advantage of the Corporation Tax super-deduction capital allowance scheme. This allows…
Continue readingWelcome 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.
Improving your business finances in 2023 and beyond
Every business needs sound financial planning and oversight in order to thrive. With the new tax year just around the corner, now is the perfect…
Continue readingTax considerations for gifting to grandchildren in the UK
For many individuals in the UK, gifting to grandchildren can be a great way to reduce their tax burden. But before entering into any gifting…
Continue readingShould I take a salary or dividends as a small business owner?
If you own a small business and are also a shareholder director, you may be wondering whether to take a salary or dividends. When it…
Continue readingUnderstanding and improving your balance sheet
Keeping on top of your business’s financial health is critical to its success. A great place to start is by understanding what a balance sheet…
Continue readingA new VAT penalty system is now in effect
A major overhaul of VAT penalties came into effect on 1 January 2023. This new approach changes how penalties are applied, as well as how…
Continue readingHow can your businesses cut costs?
As the cost-of-living crisis continues, your business might be looking for ways to cope with soaring energy bills and interest rates. (more…)
Continue readingThousands file tax returns on Christmas Day
More than 22,000 taxpayers went online over Christmas Eve, Christmas Day and Boxing Day to complete their Self-Assessment tax return. (more…)
Continue readingHow to read a set of management accounts
In order to grow and succeed, you need to effectively manage your finances and monitor the health of your business. (more…)
Continue readingIs your business going for growth? What you need to think about
You have overcome those initial obstacles to starting a new business and are now trading comfortably. The question is, where do I go from here?…
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