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Month: November 2022

A guide to National Insurance and State Pension eligibility

30th November 202230th November 2022 McGills

Introduced in 2016, the new State Pension is a payment based on your National Insurance record when you get to State Pension age.

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How small businesses can navigate the festive period

29th November 202229th November 2022 McGills

For most small businesses, Christmas is the busiest time of the year, which has a large impact on yearly revenue.

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Why debt isn’t always bad

24th November 202224th November 2022 McGills

Taking on debt may make you feel worried, but while debts are often viewed negatively, they can actually have many benefits for the future of your business.

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The importance of cash flow for tourism businesses

23rd November 202223rd November 2022 McGills

With the busy Christmas period approaching, businesses operating in the hospitality and tourism sector will be dealing with increased demand.

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Avoiding obstacles with the Construction Industry Scheme

23rd November 202223rd November 2022 McGills

Under the Construction Industry Scheme (CIS), contractors take money from a subcontractor’s payments and send it to HM Revenue and Customs (HMRC).

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Landlords targeted over undeclared income from residential property

22nd November 202222nd November 2022 McGills

Landlords are being targeted by HM Revenue & Customs (HMRC) over what appears to be undeclared rental income or income related to residential property.

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Why you should revise your business strategy

18th November 202218th November 2022 McGills

With current economic difficulties, it is crucial to ensure that you have a detailed business plan. As inflation rises, you should consider how to modify your business.

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Cloud Accounting: Are you harnessing its power?

16th November 202216th November 2022 McGills

Are you utilising cloud-based accounting software within your business? With the Government’s Making Tax Digital plan well underway, it is vital that you do so.

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Accountants helping businesses make savings, says survey

16th November 202216th November 2022 McGills

Accountants are saving businesses time and money as well as easing the pressure of rising inflation, according to a new survey.

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Are you missing out on tax-free corporate investment allowances?

15th November 202215th November 2022 McGills

When it comes to running a business, you must keep up with the ever-changing industry you are a part of.

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