Blog | Busy Bee Accountancy | Accountant for Small Businesses

Back to Tax Basics: How capital allowances reduce your tax bill

Generally speaking, the business expenses you incur are allowable against your profits. But when it comes to fixed asset purchases...

The reduced rate of VAT has gone up – are you ready?

The 5% reduced rate of value-added tax (VAT) has been in place since 8 July 2020. The reduced rate has been extended on numerous...

A Budget for a stronger UK economy? Read our summary

As a business community, we’ve endured 18 months of unprecedented challenges to get through the ongoing pandemic. And when you factor in...

The value of cashflow forecasting during a crisis.

Projecting your cashflow pipeline forwards during a crisis is vital. To be able to navigate the future path of your cashflow, you need to...

Making your business attractive to Gen Z talent.

Workplace values are changing. We’re seeing first-hand the impact of a multi-generational workforce across the business world. And as...

Accounting basics: the profit and loss and balance sheet reports explained.

Understanding your finances is a vital part of running your business. But getting down into the nitty gritty of the company accounts...

Is your business focused enough on cyber-security?

We live in a digital world where our company’s data and (crucially) our customers’ data is under constant attack. Hackers are always...

The impact of the new National Insurance changes.

You’ll no doubt have seen the news of a rise in both employees’ and employers’ National Insurance contributions (NICs). It’s been a...

Do I need a remuneration strategy?

As an owner-manager, your chief concern will be making your business profitable and building up cash reserves in the company. But you’ll...

Are there any tax-effective benefits-in-kind?

Offering benefits-in-kind to your staff is a great way to make your business an attractive place to work. And these benefits add even...

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