Knowledge Hub

25. 07. 2024

HMRC deadline warning as workers need to take action by July 31, 2024

Workers must meet the July 31 HMRC deadline for advance tax payments to avoid penalties. Over 1.1 million missed the January 31 deadline, and late payments incur fines starting at £100. Timely tax management and accurate reporting are essential to prevent additional costs.
17. 07. 2024

The Role of Accounting in Decision-Making for Small Businesses

Accounting is pivotal for small businesses, providing clarity on finances, enabling effective budgeting and performance evaluation. It ensures compliance, supports strategic decisions, and enhances investor confidence. By leveraging accounting insights, businesses can navigate challenges and achieve sustainable growth.
11. 07. 2024

IPO activity grows in first half of 2024

In H1 2024, London Stock Exchange saw improved IPO activity with 8 new companies raising £513.8m, though down from £593.2m in H1 2023. Notable listings included Raspberry Pi Holdings plc (£172.9m) on the main market and AOTI Inc (£35.1m) on AIM. Global IPO volumes fell 12% with proceeds down 16%, Asia-Pacific facing the largest declines amidst geopolitical tensions and economic challenges.
09. 07. 2024

Remote Financial Management: Tools and Techniques for Success

Remote financial management is crucial for modern organisations, offering flexibility, cost-efficiency, and resilience. Essential tools include cloud-based accounting software, virtual communication platforms, and robust security measures. Clear communication and remote team collaboration are key for success in managing finances remotely.
08. 07. 2024

Labour lines up new tax measures after landslide victory

Following Labour's landslide victory, Sir Keir Starmer's government, with Rachel Reeves as the first female Chancellor, intends significant tax reforms. These include potential increases for higher earners, VAT on private schools, and modernising non-dom tax status, alongside pledges to strengthen HMRC and tackle tax avoidance.
05. 07. 2024

The Workaholic Phenomenon: Recognising and Addressing Work Addiction

This article explores work addiction, or the workaholic phenomenon, detailing signs like persistent work thoughts and neglect of personal life. It discusses impacts on individuals and organisations, advocates for setting boundaries, promoting balance, and seeking support to address this pervasive issue effectively.