Cash Flow Forecasting With ever-increasing supplier prices and inflation at a 30 year high, managing your business’s cash flow is an essential tool in maintaining resilience and being able to adopt flexible strategies for success. Fund flows are a reflection of all the cash that is flowing in and out of a business. Owners can
Covid 19 Statutory Sick Pay Rebate A reminder that our payroll team can help you reclaim statutory sick pay for employees who are off due to Covid-19. You can claim back up to 2 weeks of Statutory Sick Pay if: you have already paid your employee’s sick pay (use the Statutory Sick Pay calculator to work
On 27 October 2021, the Chancellor delivered his third Budget in conjunction with the Public Spending Review. Many of the spending announcements had already been leaked to the Press prior to Budget Day and arguably a lot of it was not new money. The Chancellor did however manage to keep a few surprises back for
VAT rate change on the 1st of October The temporary 5% VAT rate that has applied to supplies made in the tourism and hospitality sector since the start of the pandemic comes to an end at the end of September. The rate then increases to 12.5% from 1 October until 31 March 2022 when it
When we started Sutherland Black 15 years ago, I had no clue that we had a direct link to a long line of Edinburgh Accountants. In a bizarre twist of fate, I discovered that my great great great grandfather was involved in one of the first professional accounting bodies in Edinburgh that later contributed to
What is the benefit of Xero accounting software for a small business? Over two million people worldwide use Xero cloud accounting software. Xero benefits for small businesses include online access from anywhere, unlimited users, data security, and integration with hundreds of other apps. Small businesses can access state-of-the-art online software for a small payment per
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