Manufacturers are deeply involved in their frontline operations, and many will have a dedicated finance department looking after cashflow. However, as demand ramps up and pricing pressures take hold, resources can become stretched. It is therefore not uncommon for manufacturers to enlist an accountant to help bring finances and taxation back under control. It’s also […]
There is perhaps no sector growing as fast as software development. Whether we are talking about websites, mobile apps or artificial intelligent (AI), the software is where all the biggest investment is being made. Fintech is a great example, with blockchain and cryptocurrency platforms, stock trading apps and smart banking apps being released by the […]
Construction companies face unique cashflow challenges. Some of these include long invoicing terms that put pressure on cashflow, and PAYE and VAT schemes that become more complex as the company scales. Due to these ongoing challenges and the competitive nature of construction, having a good accountant can be invaluable. Construction companies are notorious for struggling […]
Pharmacies are taxed like any other business that sells products; however, they have a unique set of taxation and financial challenges. An accountant is useful for overcoming these challenges, which include complex NHS calculations, cashflow shortages and credit limits. Most pharmacists will struggle for cash at some point in the year without consistent management. An […]
We are proud to announce that Sterling Finance (UK) Limited have won illustrious national award at the prestigious British Accountancy Award 2019 Sterling Finance (UK) Limited faced stiff competition from the industry biggest names and won its ‘Graduate and Non-Graduate Programme of The Year’ category award after investing a “disproportionate percentage” of its 2018 turnover in […]
This is been temporary announced by the UK Government to help employers recover 80% of the wages of their workers. Here are the key points The scheme start date is 01 March 2020 Duration of the scheme is for 3 months This is given as grant up to 80% of wage bill per month 80% […]
Extended flexible working rights, technology and social change make working from home an increasingly cost-effective and attractive option both for businesses and the individuals who work for them. As a manager, you need to make sure that you have the right systems in place to properly support homeworking. 1. Does it suit? Some jobs are […]
Have you ever come across the word Public relations (PR) and have you ever used this process in your company? Public relations is vital to your business as it builds your business image, reputation and what people say. The majority of people, especially your prospective customers, believe what other people say. Public relations is a […]
1. Put in more equity He may be seeking bank finance because he can’t raise more equity, but that’s not always the case. Banks have always looked at the balance between the owner’s and their own capital at risk. That equation has become more critical since the credit crunch. But before giving up on raising […]
An employer can provide benefits to employees on which the employee is not taxable. This can vary from advice on pensions to work-related training. Annual parties which cost no more than £150 per head. Carers’ board and lodging. Costs of purchasing assets from employees. The benefit of the employer funding certain kinds of independent advice […]