Balance sheets. Cash flow statements. Operating expenditure. Economies of scale. EBIDTA. The list goes on. As a business owner, cutting through the jargon of business accountancy can be a real headache. But it’s your responsibility, as a limited company director, to track the financial health of your business. You need to be able to understand […]…
As a result of the pandemic, more people than ever are engaging in flexible working and working from home. Whether it’s due to self-isolation, the closure of office spaces, or looking after children or vulnerable relatives, remote and flexible working has escalated at a rate no one could have foreseen. That includes those (such as […]…
Much has been made recently of non-compliant umbrella companies and the need to crack down on their unscrupulous activities. It’s something we’ve warned contractors about for many years. But, worryingly – and owing to what seems like a lack of understanding of our sector from certain sections of the media, unfounded reservations have been made […]…
Type ‘what is…’ into a search engine these days and Bitcoin will sit high on the list of suggestions. Bitcoin and other cryptocurrencies such as Ethereum and Cardano may once have seemed like futuristic buzzwords, but their prevalence is growing fast. And as public interest in cryptocurrencies increases, so too does the attention they get […]…
Specified Adult Childcare credits. Got any idea what we’re talking about? If not, don’t worry. It seems most of those eligible are unaware that this government scheme even exists. It’s fairly commonplace for family members – particularly grandparents – to look after young children in order for the child’s parent/s to return to work. Often, […]…
On Wednesday (March 3rd) the Chancellor, Rishi Sunak, delivered his 2021 Budget to the House of Commons. Ten days after the Prime Minister unveiled the country’s road map out of lockdown, Mr Sunak outlined his plans for jobs, businesses, taxation, and the UK’s economic recovery. The Chancellor delivered his Budget – billed as the most […]…
Claiming your CIS tax refund can be complex and time-consuming. Most companies’ make you print, sign and post your tax return info, complicating the process and delaying your CIS tax refund. It doesn’t have to be this way, though. Here at Danbro, we conduct fast, compliant, CIS tax returns online every year, helping thousands of […]…
Amidst heightened restrictions, the government’s Job Support Scheme will open in November 2020. It will serve as an indirect replacement for the Job Retention Scheme, which closes at the end of October. According to the government, the Job Support Scheme will ‘protect viable jobs in businesses facing lower demand due to COVID-19.’ We’ve taken a look at the […]…
What is an umbrella company? In an ever-expanding contractor market, most people in self-employment will be familiar with concerns over long-term financial commitments, frustration at a lack of holidays or maternity / paternity pay, and a general unease about making ends meet between contracts. For many, the freedom that freelancing affords is countered by the […]…
To many, September means falling leaves, late summer evenings, and the beginning of the new school year. And whilst even Coronavirus has not managed to alter that, there are a few business and accountancy-related announcements – both this month and into the autumn – that we wanted to make sure you were aware of. Namely: the Budget; […]…
