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More financial support for energy intensive sectors

More financial support for energy intensive sectors

Some businesses could see their bills slashed by as much as 20% off predicted wholesale prices, thanks to further government support launched on 26 April 2023 for sectors using high amounts of energy. Applications have now opened for energy and trade intensive sectors...
Less could be more

Less could be more

Is there mileage in the old adage that it is unwise to keep all your eggs in one basket? Most businesses build an expanding customer list; each customer a separate income stream for their business. Compare this with being employed; one employer, one income stream. The...
Starting a new business?

Starting a new business?

One of the issues you will need to consider if you are starting a new business is the business structure. There are three commonly used forms to choose from, each with advantages and disadvantages. A sole trader – this is the simplest way of starting and...
What is profit?

What is profit?

When accountants or other interested parties refer to business profits, they are likely to mean the difference between sales and costs, and more concisely, that sales exceed costs. However, the word “profits” can prove to be a moveable feast as HMRC, banks...
Cause for optimism?

Cause for optimism?

As we have moved into the new tax year, since 6 April 2023, the March hares have had their opportunity for madness and there is just a glimmer of warmer weather ahead. And perhaps, we may even witness a growing measure of control over rising prices. There were a few...
Energy Bills Discount Scheme

Energy Bills Discount Scheme

The new Energy Bills Discount Scheme replaces the Energy Bill Relief Scheme which came to an end on 31 March 2023. The new scheme will offer support to eligible non-domestic energy customers, including UK businesses, the voluntary sector, for example charities,...