4 Reasons not to Refinance
We currently see lots of people promoting refinance. Now while it can be the solution for releasing much-needed funds, reducing monthly payments, or both, it’s not right for everyone. Below are some of the reasons you might not want to refinance: That being said, refinancing can be a solution to release equity from assets that […]
The Autumn Statement – what it means for your business.
Thursday 17th November saw the Chancellor of the Exchequer deliver the much anticipated Autumn Statement. Our team take a look at the measures delivered, and how they’ll affect your business.
5 Benefits of Business Finance
In the business world, finance solutions are paramount to industry movement and growth. It comes in a wide variety of products: different financial solutions for different business needs. 5 Benefits to your business Boosts cash flow By utilising finance offerings, your business benefits from an additional cash injection in the process from production through to sales. Having more money […]
The super-deduction explained
Take a look at what the super-deduction is, and how it can help your business.
Annual Investment Allowances
Annual Investment Allowance – What is it? The Annual Investment Allowance (AIA) is a £1 million limit that businesses can utilise to deduct the full value of a qualifying item against taxable profits. What does this mean for my business? It means that you can offset significant costs against your profits. Here’s an example: Your […]
Interest rates rise to 2.25%
Interest rates rise to 2.25% The Bank of England (BoE) have announced a .5% in interest rates – and with more rises predicted by the end of 2022, let’s take a look at why they’re rising and how it affects your business. There’ll also be a fiscal statement tomorrow, and we’ll keep you up to […]
Announced today, £4.5 billion Recovery Loan Scheme extended
Today’s announcement (the extension of the Recovery Loan Scheme) comes as no surprise. With inflation rising and consumers spending less, small businesses are taking a hit. It is now essential that businesses in need of the extra support can access the scheme before it’s too late. Business Secretary Kwasi Kwarteng said: ‘Small businesses are the lifeblood of the […]
Interest Rates Rise
With interest rates set to rise to 2% and inflation expected to hit double digits by October, now is the time to put a contingency plan in place and consider fixed rates on all your assets. What does that mean? Interest rates are currently the highest they’ve been in 13 years and set to double by September. […]
Business Acquisition Funding
An acquisition is when one company purchases most or all of another company’s shares to gain control of that company. Companies acquire other companies for various reasons. They may seek economies of scale, diversification, greater market share, increased synergy, cost reductions, or new niche offerings. But there’s more than one way to fund an acquisition […]
Renewable Energy Tax Explained
Environmental taxes encourage businesses to operate in a more environmentally friendly way. With the energy price cap set to increase again in October, now is the best time to consider the renewable energy and tax relief options available to you and your business. What’s available? On 31st March 2021, the 50% First Year Allowance (FYA) […]
