Today Chancellor Rishi Sunak announced his plans for over the winter period, to help support businesses in light of the new government restrictions due to be in place for the next 6 months. Below we have outlined the key headlines and takeaways.

If you don’t have a separate HR system to manage employee information, sick leave, absences or time-off, keeping on top of this can be a real nightmare. You also run the risk that staff may over-request annual leave.

Not everyone will have the freedom to choose what legal form their business can take. Depending on how you have organised your operations and whether you intend to work on your own or with others will significantly affect the business structures available to you.

The highstreet has been declining for the last decade, and it would seem that COVID may mean the end for many independent stores that have struggled to fight through the pandemic. However, as people are told to stay at home, there has been a global surge in online sales, with many ecommerce businesses thriving.

As an e-commerce business, you rely on efficiency, automation, and accurate information to help you make informed decisions and grow. We are proud advocates of Xero as the cloud accounting solution of choice for e-commerce businesses. One of the benefits using a system like Xero is the ability to access data in real time, but the information is only as up to date as you enable it to be. 

Cash flow has been a real issue for many businesses over the last few months, and you might have found yourself in a position struggling to pay your taxes to HMRC. The good news is that HMRC are encouraging businesses and individuals to contact them to set up Time to Pay arrangements (TTP).