How do you thrive in a COVID-19 world?

Xero recently commissioned a report surveying 2000 small business owners around the world titled “The next chapter for small business: How to thrive in a changed world.” By Forrester Consulting. They made 5 key recommendation: • Make company and financial information easily accessible and digitised • Create emotional connections with your customers • Start from […]

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Are late payments an unintended side effect of the pandemic?

Traditionally Britain’s retailers should be gearing up for a busy Christmas season, but it seems Christmas 2020 is looking anything but normal. Just as the business community was hoping to recover, the city’s such as Manchester and Liverpool have been forced back into lockdown measures. Research from Previse suggests retailers could be hit with late […]

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Self-assessment ‘time to pay’ threshold raised to £30,000

HMRC has made it easier for self-assessment taxpayers to pay the tax they owe incrementally on a monthly basis, by extending the threshold for ‘time to pay’ applications, as part of efforts to ease financial stresses caused by the pandemic. “The increased £30,000 threshold follows the Chancellor of the Exchequer’s announcement on 24 September to […]

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Are you on high alert against fraud?

Uncertain times often means opportunity for fraudsters to exploit businesses and the public. The value of alleged cybercrime cases reached over £1 billion in UK Courts in 2019, according to research by KPMG. Unfortunately for businesses the main threat may be from within, if employees are facing more financial difficulty, they might take risks, employers […]

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