Hints and TIPS
The latest hints and tips from our blog
Please note: The information contained in this site is provided for information purposes only and is of a general nature. It is not a substitute for specific professional advice related to your own circumstances. You are recommended to obtain specific professional advice before you take any action.
Autumn Statement 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights Introduction Economic Outlook Personal Changes Business Changes
Accounting tech for businesses
How will technology impact your business’s financial future? Constant developments in technologies like AI and cloud accounting are changing the way we do business and manage our finances. It’s a rapidly advancing field that has already changed the way most businesses...
Retirement planning tips
How to plan your finances ahead of retirement. For many savers, retirement can seem like a far-off or even unattainable goal. But to maximise your chances of retiring comfortably, early planning is essential. Recent research from Canada Life shows that a worrying...
Caseron Insider – November 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights UK economy recovery slows in August Insolvency up by 15.5% compared...
A guide to registering for self-assessment
How to register for and file your self-assessment tax return. If you’ve never had to complete a self-assessment tax return, the first time can be daunting. But don’t worry: we’ll demystify the process in this article. And if you have completed one before, this guide...
IR35: what happens when it goes wrong?
How the off-payroll rules will affect you and your business. Contractors and freelancers operate through a private company to enjoy a better tax treatment compared to sole traders — but a more favourable tax position is actually never guaranteed because of...
Caseron Insider – September 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights Geopolitics prompt importers to alter supply chains UK grows but...
New pension reforms explained
Hunt says changes will unlock £75bn of investment. On the evening of Monday 10 July 2023, Chancellor Jeremy Hunt delivered a speech at Mansion House in the City of London framed around “looking further ahead”, rather than just dealing with the immediate inflationary...
Choosing your accounting software
How to find the best option for your business. In today’s fast-paced and competitive business environment, having the right tools and systems in place is crucial for success. However, one tool that sometimes goes overlooked is accounting software, which can help you...
How, When, and Why a Small Business Should Niche
In today's competitive market, how, when, and why a small business should niche is a question on every entrepreneur's mind. Niching down can be the key to unlocking unprecedented growth and profitability for your business. The Power of Niching Niching allows...
Caseron Insider – August 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights R& D Tax Relief crackdown 'deterring genuine claims' UK Economy...
Mid-year accounting review
Are you hitting your business goals? We’ve over halfway through 2023, so now is the opportune moment to review your business and progress for the year. Chances are, it’s been a tough year so far: in the 12 months to May 2023, the consumer prices index of inflation...
Sales: Right Thing, Right Time, Right Place
As a business owner or entrepreneur, your ultimate goal is to make more profit, take home more money, and work fewer hours. Achieving this requires getting the right thing, in the right place, at the right time, at the right price, in front of the right people. In...
Let’s Build a £10k Product Ladder
As an accountant, I understand the importance of scaling your business to increase profits, take home more money, and work fewer hours. One effective strategy to achieve these goals is by implementing a value or product ladder. In this blog post, we'll explore three...
YOU Need Clients!!!
Your Business Is Floundering and You Need Clients Today... Are you a UK business owner or entrepreneur struggling to generate clients and boost your profits? Don't worry; we've got you covered! In this blog post, we'll explore practical steps you can take to attract...
How a Coach, Mentor, or Accountability Partner Can Help You Profit
As a small business owner or entrepreneur, you understand the challenges and demands that come with running your own venture. It's a journey filled with ups and downs, and sometimes you may find yourself seeking guidance, support, and inspiration. That's where having...
7 Practical Steps to Instant Profits for Service-Based Businesses
Looking for a little bit of extra cash this month? Here are three practical steps you can take today to boost your service-based business's bottom line. [1] Offer Packages, create bundles WHAT: Rather than selling individual services, create service packages that...
How your WHY Impacts your Profit
As business owners and entrepreneurs - we are taught to get up close and personal with our WHY? Today, I thought I would take a closer look at this game-changing concept to understand how understanding your WHY can transform your bottom line according to Have you read...
Starting a business: should I niche?
Stand out from the crowd. According to data from Companies House, 222,068 new companies were set up in the UK within the first 12 weeks of 2023, a year-on-year rise of 8.2%. The question remains: “how unique are these businesses?” It might seem safest to stick to...
Are you leaving Profit On The Table?
Three Common Areas Where Business Owners Leave Profit on the Table As an accountant who has worked closely with numerous small business owners and entrepreneurs, I've noticed some recurring patterns when it comes to missed profit opportunities. In the quest for growth...
I made PROFIT so where is my CASH?
One of the biggest frustrations we often hear from business owners - is that they have made loads of profit - but have no idea where the cash is. We often think that profit means cash in the bank, but it's not that simple. In this article, we'll dig deep into why your...
£10k Take Home Per Month Business Blueprint
You don't have to turn over 7 figures to achieve a 6-figure take-home income. Let me unveil the blueprint for a profitable business that brings home £10k per month. 💼 Know Your Numbers - Start with a Solid Foundation Understanding your current financial...
7 Essential Steps to Transform Your Salary in 90 Days
Are you ready to dramatically increase your take-home pay? Here are seven critical steps you MUST take if you want to transform your salary within the next 90 days. 1. Fix Your Mindset The journey to increase your take-home pay begins within your mind. Decide today...
How to Keep the Momentum Going: Maximising Engagement and Conversions After a Webinar
📣 Keep the Buzz Alive: Keep People Engaging and Converting 48 Hours After Your Webinar Want to know how to have people talk about your webinar for days and maximize your conversions? My client nailed it, and you can too! 45-Minute Slide-Free Zoom Workshop with...
Caseron Insider – July 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights Tax return helpline to close for three months Self-assessment...
How to Generate an Extra £10,000 Cash by the End of the Month
Need an extra £10k by the end of the month? Unexpected tax bill? Need to hire a new team member? Fancy a holiday? When you need that little bit extra or you need a profit boost - it's time to focus on your offers. Buckle up and let's dive into the secrets of...
The 7 Habits of Highly Profitable Businesses
Want to know the secret sauce behind the most profitable businesses? It's not just about sales. It's about adopting the right habits. Stick around to learn more. Consider Stephen Covey's 7 Habits of Highly Effective People, but let's look at it from a profitability...
Embracing the 4-Day Work Week: Transform Your Business and Your Life
Are you a business owner or entrepreneur who feels overstretched and overworked? Or perhaps you're a working parent trying to fit your business around school hours? If so, the concept of a 4-day work week might seem like a far-fetched dream. But believe it or not,...
How to inflation-proof your investments
Protect your savings for the future. Investments, always subject to a variety of risks that can impact their value, are never safe. For example, the value of your investment could decline due to the performance of the company you invested in. If you hold fixed-rate...
Employee share schemes
Reward your staff with a stake in the business. As an employer, there are many ways you can reward and incentivise your staff, from Christmas parties to team lunches. But one of the most attractive options is an employee share scheme. Employee share schemes allow you...
The Power of Profit: Solving Common Business Challenges
Profit, the ultimate goal of every business, is not just about financial gain. It is a powerful tool that can help address three common challenges faced by business owners. In this blog post, we will explore and show profit can provide solutions to these challenges...
Caseron Insider – June 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure. Highlights Government launches cryptoassets consultation Tax take soars by...
Is it a good time to buy to let?
Expanding your property portfolio can help increase your financial security — but is now a good time to buy to let? As house prices start to fall and rents rise across the UK, 2023 may look like a good year to get your foot on the investment property ladder. However,...
Full expensing: the new corporation tax incentive explained
In his Budget speech in March earlier this year, Chancellor Jeremy Hunt kicked off the Government’s plan for growth with changes to business tax legislation, a key policy being ‘full expensing’. “It is a corporation tax cut worth an average of £9 billion a year for...
Caseron Insider – May 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights HMRC releases guidance on LTA abolition Digital service tax could...
Magnificent Month End Management Accounts
Magnificent Month End Management Accounts As a business owner, month-end management can be a daunting task, especially if you're not a qualified accountant. But fear not, my fellow numbers-challenged comrades, because I'm here to give you some tips on how to navigate...
ESG: how green are you?
Understanding environmental, social and governance factors. Environmental, social and governance (ESG) is a set of standards that measures how green, socially conscious and well-run a business is. By looking at your business through an ESG lens, you may be able to...
Investment zones explained
What are the Government’s new plans? In his first Spring Budget as Chancellor, Jeremy Hunt announced a number of ‘investment zones’ across the country. The programme will provide 12 areas, split across England, Wales, Scotland and Northern Ireland, with £80 million in...
Caseron Insider – April 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights Finance sector increases female representation Government extends...
MTD for ITSA: what you need to know
Next phase of digital tax scheme to start in 2026. Making Tax Digital for income tax self-assessment (MTD for ITSA) was originally set to roll out in 2018, but the road to personal tax digitalisation has been relatively rocky to date. While the Government successfully...
Tax relief on pensions
Why it pays to save for retirement. Tax relief is one of the best features of using a pension to save for retirement. When you pay into your pension, some of the money that would have gone to the Government as tax goes instead into your pension pot, which can help...
Caseron Insider – March 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights Bank of England raises interest rate to 4% Over 300,000 taxpayers...
Income tax: what’s changing?
What to expect from April 2023. A number of changes are coming to income tax in April 2023 that will affect taxpayers across the UK. Many of these measures were announced by Chancellor of the Exchequer Jeremy Hunt in his Autumn Statement on 17 November 2022. According...
How to turn a side hustle into your dream job
The fundamentals of setting up a business. A side hustle is a piece of work or a job that an individual can get paid for in addition to their main job. From driving for a ride sharing company to tutoring online, copywriting, and more, a side hustle could be any...
Caseron Insider – January 2023
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights Treasury delays MTD for ITSA until 2026 Economic outlook remains...
Year-end tax guide 2022/23
How to use this guide 2022/23 has been the third of extraordinary tax years in the modern era. While 2020 and 2021 saw the heights of the pandemic, 2022 saw a surge in inflation mainly due to the continued supply chain issues after Covid, Russia’s war on Ukraine and...
Capital Gains Tax on buy-to-let
Reducing your tax bill when selling property. A combination of financial challenges, eviction bans and a perceived lack of support meant the rental market was hit hard by the COVID-19 pandemic. Now, landlords and tenants are feeling the effects of rising costs....
Facing the future: Spring Budget 2023
Jeremy Hunt announced his second fiscal statement and first Budget since becoming Chancellor against a backdrop of fragile public finances, an ongoing cost of living crisis, and increased Government borrowing. In January, the Chancellor appealed to the nine million...
IR35: The rules now
The Government has u-turned on IR35 reforms. Late September into mid-October has been a turbulent time for the Government and a confusing time (at best) for taxpayers, after former chancellor Kwasi Kwarteng’s fiscal statement. On 17 October, the new chancellor, Jeremy...
Caseron Insider – November 2022
Each month we bring you the latest tax and business updates with our Insider Newsletter. Take a look at this month's insights below, or download our Newsletter and read it at your leisure.Highlights Average five-year mortgage rate hits 12-year-high Inflation rises...