Setting up payroll: How to get it right first time

6 February, 2025 12 min read Share Copy Link Copied Setting up payroll correctly in any business once you have employees, particularly if you are a small business owner, is a key priority. If your payroll isn’t set up and run in the correct way, your employees won’t get paid—or paid on time—your suppliers might … [Read more…]

How to set your business up for success in 2025

4 February, 2025 6 min read Share Copy Link Copied In 2024, small businesses made a big impression in the UK. According to the Federation of Small Businesses, 5.5 million small and medium-sized enterprises (SMEs) made up 99.8% of the business population. With such a commanding presence last year, the potential impact of small businesses … [Read more…]

Want to supercharge your finance team’s output? There’s an AI prompt for that

30 January, 2025 5 min read Share Copy Link Copied Recent advances in AI have dramatically enhanced its ability to harness data and support decision-making. Purpose-built financial AI solutions deliver powerful capabilities that go far beyond generic tools, offering enhanced security, compliance, and control tailored specifically for finance teams. In this article, we highlight practical, … [Read more…]

Tax year dates and deadlines UK 2025

16 January, 2025 12 min read Share Copy Link Copied When you’re hard at work running your own business, there’s always something critical and urgent to deal with. But your deadlines for tax, VAT, PAYE, National Insurance and corporation tax can’t be overlooked. Keeping on top of your tax dates is a legal requirement for … [Read more…]

How CFOs and finance teams can improve financial processes in 2025

27 January, 2025 6 min read Share Copy Link Copied CFOs and finance teams are facing increasing pressure to streamline operations, improve decision-making, and drive growth. The challenge is that traditional financial processes—reliant on spreadsheets, legacy systems, and manual interventions—no longer cut it. In 2025, it’s absolutely essential for you to rethink how these processes … [Read more…]

What the Employment Rights Bill means for employers

20 January, 2025 6 min read Share Copy Link Copied If you’re an employer, you’ll need to get to grips with the Employment Rights Bill, which has been hailed as the “biggest upgrade to workers’ rights in a generation”. This article covers the main changes proposed to workplace rights, how they may affect your business, … [Read more…]

How the Apprenticeship Levy is changing in 2025

20 January, 2025 6 min read Share Copy Link Copied If you’re a UK business owner, you’ve likely come across the Apprenticeship Levy. If you’ve not heard of it, it’s a scheme designed to fund apprenticeship training. However, in 2024, the Government announced some transformative changes. The levy will soon become the Growth and Skills … [Read more…]

Gross profit and net profit: What’s the difference?

16 January, 2025 6 min read Share Copy Link Copied Understanding the difference between gross profit and net profit is crucial for running a successful business. Whether you’re planning your budget, pricing your products, or tracking your financial performance, knowing how these two figures differ—and why that matters—can help you make smarter decisions. This guide … [Read more…]