Capital Gains Tax (CGT) was a significant target for the Chancellor in the Autumn Budget – with an immediate rise put in place for both the basic and higher rate of CGT.

The basic rate paid by basic rate taxpayers rose immediately to 18 per cent – up from 10 per cent.

Meanwhile, the higher rate has risen to 24 per cent from 20 per cent.

The existing rates of CGT for residential property sales remain unchanged.

This means that you will see a rise in the tax you pay on qualifying gains when you sell most assets – including business shares.

What about business reliefs?

Business owners who sell their businesses have typically benefitted from Business Asset Disposal Relief (BADR) – formerly known as Entrepreneurs’ Relief – allowing you to pay CGT at a rate of 10 per cent on qualifying gains regardless of the individuals ‘marginal rate of tax.

The Budget left BADR in place for now, but the relief provided will be reduced when rates rise from 10 per cent to 14 per cent in April 2025, and to 18 per cent in April 2026.

Can I plan around CGT increases?

The Chancellor introduced the changes to CGT rates with immediate effect, giving people little time to plan if they wish to sell personal assets.

However, those business owners considering an exit may want to bring their business sale forward to take advantage of better BADR rates.

We recommend that you speak to an experienced accountant before beginning the sales process.

Looking to accelerate the sale or disposal of a business? Speak to our experienced team today.

A new Government, a new Chancellor and a new approach to the UK’s fiscal policies.

Rachel Reeves entered her first Budget with a strong message that her measures would lead to “an economy that is growing, creating wealth and opportunity for all”.

To achieve this, she made it clear that the “only way to drive economic growth is to invest, invest, invest”.

Echoing the last Labour Government’s pledge on “Education, Education, Education” more than 14 years ago, the Chancellor was quick to recognise that there was difficult work ahead with slow economic growth and a £22 billion hole in the public purse.

Recognising her position as the UK’s first female Chancellor of the Exchequer, she pulled no punches about the inheritance that the Government had found and the impact that it would have on her plans as she set out to raise taxes by £40 billion.

She launched into a speech containing a series of policies that would not seek shortcuts but would instead focus on generating economic stability in the long term.

Labour promised a “painful” Budget and the measures confirmed will certainly be challenging for many, as her speech focused on:

• Economic Outlook
• A Tax on Employment
• Capital Gains Tax
• Inheritance Tax
• Overseas Wealth
• Business Tax
• Invest, Invest, Invest
• Final Thoughts

Economic Outlook

While the Labour Party inherited a black hole of £22 billion, the economic outlook for the UK looks more positive.

The Chancellor said that the Government aimed to build on this to bring “balance and stability” to economic growth, with a focus on long-term goals.

Looking at the OBR’s forecast, real GDP growth will be:

• 1.1 per cent in 2024
• 2.0 per cent in 2025
• 1.8per cent in 2026
• 1.5 per cent in 2027
• 1.5 per cent in 2028
• 1.6 per cent in 2029

To ensure this economic stability is reflected in the nation’s finances, Rachel Reeves has committed the Government to a new set of financial rules.

Under this new approach to fiscal policy, the Government will not borrow to fund current spending and will instead rely on higher taxes to ensure an end to austerity.

Instead, borrowing will only be reserved for investment that benefits Britain’s future.

A Tax on Employment

Before the Budget, the Chancellor and Prime Minister reaffirmed their commitment to not increase Income Tax, VAT and National Insurance for ‘working people’.

Interestingly, the rumoured extension to the tax freeze beyond 2028 also did not go ahead, with personal tax rates in 2028-29 rising in line with inflation.

Instead, Ms Reeves set out changes to employers’ National Insurance Contributions (NICs) that will raise an additional £25 billion.

This huge injection of cash into the public finances will be raised by increasing the rate of employer NICs by 1.2 percentage points from 13.8 per cent to 15 per cent from 6 April 2025.

If this change wasn’t significant enough, the threshold (per employee) at which employers begin paying NICs will decrease from £9,100 to £5,000 per year.

To help the smallest of businesses, the Employment Allowance will increase from £5,000 to £10,500, while also removing the existing £100,000 threshold on employers’ Class 1 National Insurance liabilities.

The National Living Wage (NLW) will rise by 6.7 per cent to £12.21 per hour from April 2025 – adding £1,400 to the annual earnings of a full-time worker on the NLW.

The National Minimum Wage (NMW) for 18-20-year-olds will also increase by 16.3 per cent to £10.00 per hour – the largest rise ever in both cash and percentage terms.

The Government is also working towards a unified adult wage rate and has tasked the Low Pay Commission (LPC) with recommending a minimum wage for 18-20-year-olds that will gradually bridge the gap with the main NLW rate.

Capital Gains Tax

One of the most immediate and substantial changes in the Budget was an increase in the standard Capital Gains Tax (CGT) rate.

From today, the main rates of CGT will change as follows:

• Lower rate – Increases from 10 per cent to 18 per cent
• Higher rate – Increases from 20 per cent to 24 per cent

The separate CGT rates for property disposals will remain unchanged.

However, those looking to dispose of a business or a significant shareholding via a sale or succession should take note of changes to Business Asset Disposal Relief (BADR).

The CGT rates for BADR and Investors’ Relief will increase to 14 per cent from 6 April 2025 and match the main lower rate of 18 per cent from 6 April 2026.

The lifetime limit for Investors’ Relief will be reduced to £1 million for all qualifying disposals made on or after 30 October 2024, aligning it with the existing lifetime limit for Business Asset Disposal Relief.

Inheritance Tax

For those hoping to pass on wealth to the next generation, there was more bad news with significant changes to two key elements of an individual’s estate.

The Government is tightening the Inheritance Tax (IHT) system by imposing the tax on unspent pension pots from April 2027 and cutting back the benefits of agricultural property relief and business property relief.

Despite existing nil-rate bands and exemptions, the 100 per cent relief will only apply to the first £1 million of combined agricultural and business assets, dropping to 50 per cent after that – adding pressure on family farms and businesses.

The Government also plans to reduce business property relief to 50 per cent across the board for shares “not listed” on recognised stock exchanges, like AIM.

Also, while the tax rates on Income Tax will be unfrozen from April 2028, for IHT the nil-rate bands will remain unchanged until April 2030.

Overseas Wealth

As planned, the Labour Party will abolish the current non-dom tax status from 6 April 2025.

In its place, it will introduce a new residence-based regime. Individuals opting into the regime will get a short-term break, avoiding UK tax on foreign income and gains for only the first four years of tax residence.

However, from 6 April 2025, the Government will introduce a strict residence-based system for Inheritance Tax, effectively ending the use of offshore trusts to shield assets from IHT.

The 50 per cent reduction in foreign income in the first year, previously proposed by the last Government, will be scrapped entirely.

For Capital Gains Tax, remittance basis users can rebase foreign assets to 5 April 2017 upon disposal under restrictive conditions, offering limited benefit, while overseas Workday Relief will remain but in a reformed, restrictive format.

In addition, the Temporary Repatriation Facility will be extended to three years with expanded scope to offshore structures.

Business Tax

To provide certainty to businesses looking to invest and grow, the Chancellor left the existing Corporate Tax rates and reliefs relatively untouched.

In its Corporate Tax Roadmap, the Government has confirmed that it will retain the cap on the rate of Corporation Tax at 25 per cent.

It also reiterated that it remained committed to maintaining the UK’s generous R&D tax reliefs and world-leading capital allowance offer. Full Expensing, the Annual Investment Allowance, and the Patent Box scheme will all stay the same.

Businesses will also be able to benefit from an extension to the 100 per cent first-year allowances for zero-emission cars and electric vehicle charge-points to 31 March 2026 for Corporation Tax and 5 April 2026 for Income Tax.

Invest, Invest, Invest

The key message of the Government’s speech was the promise to invest in long-term growth.

To achieve this capital investment will be boosted by more than £100 billion over the next five years, with a focus on transport, housing and R&D.

Alongside this investment, the Government has reiterated its commitment to the National Wealth Fund, which will bring together private and public sector funding to encourage more than £70 billion of private investment.

The Government has also introduced plans for a forward-looking Industrial Strategy to boost investment in key growth sectors and initiated a pensions review aimed at unlocking more investment in UK growth assets.

Final Thoughts

For small and medium-sized companies this latest Budget will be a blow, both for the organisation itself and its owners.

The significant hike in National Insurance and the National Living Wage will more than likely limit job creation, suppress wage increases and add unwanted ongoing costs to businesses still struggling with a cost-of-living crisis.

Changes to Capital Gains Tax and Inheritance Tax will also restrict the ability of business owners to generate wealth from their enterprise and pass it on.

However, if Labour can achieve its promised investment in national growth and calm the markets with its promises of innovation and Corporation Tax certainty then the nation may benefit from greater economic prosperity.

Those people who find themselves facing uncertainties about their future plans as a result of this Budget must seek professional advice urgently.

To read the full Autumn Budget document, please click here.

Labour shortages, particularly in the hospitality sector, are creating significant challenges for many businesses this year.

Managing your costs while trying to maintain service quality and customer relations can be a difficult balance.

Given the difficulty in hiring sufficient staff, many of you will be investing in technology to increase your efficiency.

Luckily, the Annual Investment Allowance (AIA) allows you to deduct the full cost of qualifying equipment, such as IT systems and machinery, from your taxable profits.

This includes investments in automation tools, such as self-service kiosks and advanced ordering systems, which can reduce reliance on labour for repetitive tasks.

Taking advantage of the AIA means you can potentially reduce your Corporation Tax bill while also enhancing operational efficiency.

For 2024, the AIA has been set at £1 million, providing substantial room for investments that may significantly reduce your tax liability and reliance on manual labour.

Utilising apprenticeships and employment incentives

To address staffing needs without incurring prohibitive costs, consider hiring apprentices.

Apprenticeships can provide an effective route to onboard new staff while benefiting from Government incentives.

Employers who hire apprentices under 25 years of age may be eligible for grants of up to £1,000, and the Apprenticeship Levy offers an opportunity to access Government funding for training.

The cost of onboarding and training apprentices is lower compared to hiring more experienced staff, and by shaping apprentices’ skills to meet your business needs, you can help fill existing skills gaps.

The additional funding for apprenticeship training also offers long-term benefits to both the business and the workforce.

Implementing tax-free employee benefits to improve retention

In a competitive labour market, retaining skilled staff is crucial.

To incentivise current employees, businesses can make use of tax-free benefits to enhance job satisfaction.

The trivial benefits exemption allows employers to provide benefits of up to £50 per employee without incurring tax or National Insurance.

While seemingly small, regular employee rewards under this exemption can foster a sense of recognition and appreciation.

Other options include the cycle-to-work scheme, which allows employees to purchase bicycles and equipment without tax implications.

Given the increasing costs of transportation, this can be a valuable perk that also aligns with environmental and health considerations, making it a beneficial offering for both employer and employee.

Hiring overseas workers: Financial and tax implications

Hiring from abroad can help address your labour shortages, but it also introduces additional considerations regarding tax compliance and payroll.

As an employer, you must ensure that all legal requirements for work permits and visas are met, and you should be aware of the payroll obligations involved in hiring non-UK workers, including ensuring correct PAYE and National Insurance contributions.

There are also specific allowances for supporting new hires from overseas.

For instance, the relocation allowance allows employers to provide up to £8,000 towards relocation costs without it being subject to tax or National Insurance.

Offering such support can make your job offers more attractive while still being tax efficient.

Using agency workers: VAT and cash flow considerations

Temporary workers can provide much-needed support when labour is scarce, though it is important to be aware of the VAT implications associated with agency fees.

VAT on labour costs can increase the overall cost of hiring agency workers, and while this VAT can often be reclaimed if your business is VAT-registered, it may still impact cash flow.

You should ensure that their accounting systems are set up to track VAT on agency fees accurately and that they have plans in place to manage these costs effectively.

Alternatively, ask your accountant to manage this for you.

For businesses with limited cash reserves, proactively managing these payments can help maintain financial stability during times of labour shortages.

Remember to use the Employment Allowance!

Remember, your business should be making the most of the Employment Allowance, which allows eligible employers to reduce their National Insurance contributions by up to £5,000 each year.

This can be particularly helpful when seeking to maintain employment levels or take on additional temporary staff without bearing the full cost of National Insurance.

The allowance can also be an effective way to manage overheads while maintaining or even expanding your workforce during challenging times.

If you would like more information or guidance on this issue, please get in touch with our team.

Capital allowances are a great way to reduce your tax liabilities by claiming deductions on certain property-related expenses.

They allow you to offset the cost of capital expenditure – plant, machinery and certain fixtures – against your taxable profits, especially if you have invested in commercial properties or made major improvements.

Who is eligible to claim?

If you own property that generates income, you may be eligible to claim capital allowances.

This includes:

• Commercial landlords – If you rent out office spaces, shops, or warehouses.
• Investors – Those who purchase commercial properties for refurbishment and subsequent rental or sale.

If you are unsure whether you qualify for this allowance, please seek professional advice from an accountant.

What are the types of capital allowances?

Different types of capital allowances exist for property businesses in the UK, each with its own specific rules and requirements – because each asset serves a unique purpose.

These specific rules help ensure that businesses can fairly claim relief based on the nature and longevity of their investments, encouraging improvements and responsible spending.

Some of the most utilised allowances include:

• Annual Investment Allowance (AIA) – This allows you to claim 100 per cent of the cost of qualifying assets (like machinery and equipment) up to £1 million in the year of purchase, making it a great option for immediate tax relief.
• Writing Down Allowance (WDA) – For assets that exceed the AIA limit, the WDA lets you deduct a percentage of the remaining value each year, spreading your tax relief over time.
• Enhanced Capital Allowances (ECA) – If you invest in energy-saving equipment, you can claim 100 per cent of the cost in the year of purchase through ECAs, promoting environmentally friendly practices.
• Integral Features Allowance – This applies to certain building fixtures, such as heating and ventilation systems. You can claim capital allowances on the cost of these integral features over a longer period.
• Structures and Buildings Allowance (SBA) – This allows businesses to claim a 3 per cent deduction annually on the costs associated with constructing or renovating non-residential buildings and structures. It encourages investment in new and improved business infrastructure.
• Full expensing – Under full expensing, businesses can claim 100 per cent of the cost of qualifying machinery in the year of purchase, offering a way to write off the total cost upfront and supporting investment in business growth.

If you are not sure which of these you can claim, talk to one of our accountants. They’ll help you figure out what you are entitled to and find ways to reduce your tax bill.

How do you make a claim?

To claim capital allowances, start by identifying qualifying expenses and gathering any receipts or invoices you will need.

Then, calculate your claim and include it in your annual tax return, making sure everything’s to keep things smooth and hassle-free.

Your next steps

Whether you are an experienced or a first-time landlord, being savvy about capital allowances is key to enhancing your property’s profitability and ensuring your financial success.

By claiming the allowances you are entitled to, you can reduce your tax bill and reinvest those savings back into your property or other ventures.

If you have questions or need assistance with your capital allowance claims, our expert team is here to help.

Taxpayers have a fundamental right to reclaim input tax, also referred to as input VAT.

However, HMRC has the authority to refuse this right under certain conditions if they can demonstrate that the taxpayer was aware, or should have been aware, that their transactions were linked to fraud.

There has been a noticeable rise in businesses from various sectors over the last year receiving notifications from HMRC denying the recovery of input tax based on these grounds.

For businesses, the risks linked to Kittel VAT include denied VAT recovery, hefty fines, reputational damage, and increased scrutiny from tax authorities.

To protect your business, here are key strategies to avoid such risks:

1. Conduct due diligence – Always verify the VAT registration and reputation of suppliers and partners to ensure they are legitimate.
2. Monitor transactions – Regularly review transactions for irregularities or signs of fraud to catch issues early.
3. Educate your team – Train your finance and procurement teams on the risks of VAT fraud, ensuring they can spot warning signs.
4. Maintain clear records – Keep thorough documentation of all transactions as evidence of your due diligence.
5. Consult professionals – Seek advice from VAT specialists to navigate complex regulations and strengthen your compliance.

By implementing these steps, your business can avoid costly fines, penalties, and reputational damage.

For tailored guidance, please contact our team.

As the Autumn Budget approaches, the Government has pledged that it will “make the tax system fairer” and avoid raising taxes on working people and certain businesses.

The Government has said that it will not raise:

• Income Tax
• National Insurance (NI)
• Corporation Tax
• VAT

While Corporation Tax is not levied on individuals, the fact that the Government is not changing it may be good news for consumers.

Freezing VAT and Corporation Tax should keep a handle on price rises as businesses will not need to pass on additional costs to clients or customers.

This is a significant announcement, given that the Government seeks to make up a substantial shortfall in public finances.

What does this mean for businesses?

The budget is likely to be good news for businesses, particularly regarding VAT and Corporation Tax.

With no additional taxes to be paid in these areas, businesses may have more room to reinvest in growth – a priority for the Government, particularly in sectors such as sustainable technology.

However, some business owners may still call for the 2023/24 reductions in NI to be extended to employer NI contributions, which seems unlikely under the current Government.

How will this impact individuals?

The pledge will come as a relief to individuals who pay only Income Tax and NI, which includes most workers whose only income source is a regular salary or hourly pay.

However, individuals with additional assets such as property, private pensions, dividends or investments may reap less of a benefit.

With the Government seeking to levy additional income through taxes, these individuals will likely face an increased tax burden on their wealth through a rise in Capital Gains Tax (CGT), for example.

It is, therefore, important for those with high-value assets to engage promptly with proactive tax planning.

Want to optimise tax liabilities on your assets? Contact us today.

For business owners and directors, dividends may form a critical element of your salary strategy and tax planning, keeping your tax liabilities to a minimum.

To extract profit tax-efficiently from your business, you may use a combination of:

• Salary – Typically set at or around the Personal Allowance of £12,570 to minimise Income Tax and National Insurance Contributions (NICs).
• Dividends – Paid to owner/director-shareholders and not subject to NICs.
• Pension contributions – You can claim tax relief on private pension contributions of up to 100 per cent of your yearly earnings.
• Director’s loans – You or a close family member receives money from your company, which may be tax-free for you as an individual, depending on how it is repaid.

Dividends can be an excellent choice for business owners because they are taxed at a lower rate than earnings subject to Income Tax.

The tax is levied depending on your Income Tax band:

• 8.75 per cent for those in the Basic rate tax band
• 33.75 per cent for those in the Higher rate tax band
• 39.35 per cent for those in the Additional rate tax band

For this reason, many business owners choose to take a relatively low salary in addition to dividends, to stay in the Basic rate band and minimise tax on dividend payments.

Could dividend taxes change?

Dividends have been a growing target for HMRC in recent years, with the tax-free allowance falling steadily from £5,000 in 2016/17 to £500 in 2024/25.

Having pledged to avoid raising taxes on income, the Government may seek to levy further tax on wealth in the Autumn Budget instead, which could incorporate dividends.

The Government has various options, including:

• Removing the tax-free dividend allowance
• Raising the rates of tax on dividends.

Should you change your strategy?

If you have a typical tax-efficient profit extraction strategy, with a low salary and dividends, then this is likely to remain the best approach to optimising your tax liabilities – but this is highly dependent on whether tax rates on dividends remain the same.

If tax rates remain unchanged, any dividends will still be subject to a lower rate of tax than if they were taken as salary, even without a tax-free allowance.

However, a rise in rates could result in a significantly higher tax liability.

In this situation, you may consider another method of profit extraction, such as making additional pension contributions if you have not used your full tax-free pension allowance.

For advice on managing profit extraction, salary and dividends, please contact our team today.

As the Government seeks to plug certain gaps in the public purse, we are unlikely to see any change in Income Tax thresholds – despite wages and the State Pension rising.

Under the previous Government, tax thresholds were frozen until March 2028, and it remains to be seen whether this will change under the Labour Party.

This means that more people are set to be pulled into paying Income Tax on their income for the first time or pulled into a higher tax bracket – known as fiscal drag.

How does fiscal drag impact you?

The major effect of fiscal drag is that it reduces the financial benefit of any wage increase because more of your income will be subject to tax.

This leaves many individuals, whether they are employees, self-employed or company directors, no better off than if they had not received a pay increase.

It is sometimes known as a “stealth tax” because no changes are actually being made to taxation rates or thresholds.

Mitigating the impact of fiscal drag

How can you plan around fiscal drag? If you have the flexibility to restructure your income, you may consider:

• Dividends – Regardless of which tax band you are in, Dividends are taxed at a lower rate than Income Tax paid on your salary.
• Salary sacrifice – Many businesses allow employees (including directors) to sacrifice a portion of their salary in exchange for a benefit (a company car, private healthcare, etc.), effectively reducing taxable income.
• Investing in an ISA – Income or interest from an ISA is tax-free, helping you to save money for the future and minimising your tax liabilities.
• Pay into your pension – You may choose to pay more money into your pension, either to reduce your taxable income or minimise future tax liabilities, with a yearly tax-free limit of £60,000 or 100 per cent of your income, whichever is lower.
• Marriage allowance – If you or your spouse earn less than the Personal Allowance, you may be eligible to transfer £1,260 of the allowance to your partner, potentially saving up to £252 in tax.

In addition to the marriage allowance, you should ensure you are utilising all available tax reliefs, such as the personal savings allowance.

This prevents you paying tax on savings interest depending on your Income Tax band:

• Basic rate – £1,000
• Higher rate – £500

Unfortunately, there is no personal savings allowance for those in the Additional rate tax band.

Make sure to use your tax-free Personal Allowance of £12,570 before considering another tax-efficient way of receiving income.

High earners

You should also watch out if you are a Higher or Additional rate taxpayer, i.e. you earn between £50,271 and £125,140, or over £125,140 respectively.

Wage increases could pull you into a higher tax band and begin to erode your Personal Allowance if you choose to take the majority of your earnings as salary, or your business cannot pay dividends.

Remember that your Personal Allowance decreases by £1 for every £2 you earn over £100,000 – meaning that you effectively have no Personal Allowance if you earn £125,140 per year or more.

You will also be taxed at either 33.75 per cent (Higher) or 39.35 per cent (Additional) on any dividends you receive.

As a high earner, you could be significantly impacted by fiscal drag, so it is particularly important to plan ahead to avoid paying more tax than you need to.

Please contact our team today to find out how to reduce the effect of fiscal drag on your income.

HMRC has begun to issue ‘nudge letters’ to cryptoasset owners who may have underpaid tax when selling their assets, urging them to amend or submit a tax return.

In this rapidly evolving sector, asset holders are not always clear on what income or profit generates a tax liability.

This follows the introduction of CARF – The Cryptoasset Reporting Framework – earlier in 2024, requiring cryptoasset firms to share customer data with HMRC when requested.

What do I need to report?

Profit on the sale (disposal) of cryptoassets are typically considered to be capital gains rather than income – although income on investments in cryptoassets may be subject to Income Tax and National Insurance Contributions (NICs).

Any gain (profit) you make when disposing of cryptoassets will therefore be subject to Capital Gains Tax (CGT).

You will be taxed at a rate of:

• 10 per cent – on gains within the basic Income Tax band, if you pay the basic rate on your income.
• 20 per cent – on gains that exceed the basic Income Tax band, if you pay the basic rate on your income or if you are a Higher Rate taxpayer.

Gains should be reported on a Self-Assessment form via HMRC’s Online Service. HMRC will then tell you how much CGT you need to pay, how to pay it, and when to do so.

Mitigating tax liabilities

If your total gains are less than £3,000 (including any other capital gains you have made in the financial year), then you do not have to report and pay CGT on cryptoassets.

You may consider planning the disposal of cryptoassets before or after the start of a new financial year to maximise each year’s allowance.

You should also make sure that you have applied any allowable business expenses to your taxable profit when reporting investment income for Income Tax and NICs.

Contact us for further advice on cryptoassets and Capital Gains Tax.

Having the right team that aligns with your goals and values is key to the success of your business.

However, many sectors are currently facing a skills and staffing shortage. Government data shows that over one-third of vacancies were skills-shortage related, with around a quarter of all employers having at least one vacancy within their organisation.

Addressing skills and staffing shortages

Chronic shortages of skilled staff can lead to issues for your business that include:

• A high cost of recruitment and training
• Lost or inefficient productivity
• Slower growth
• Poor team morale, which can worsen staff shortages.

It is important to actively engage skilled staff, both prospective and current, with your business and to optimise the efficiency of your existing skills base. This might include:

• Flexible working – It is increasingly common for employees to prioritise work-life balance, which can be supported by flexible hours or hybrid working
• Upskilling – Offering training to existing staff can eliminate the need to recruit and provide progression opportunities to boost job satisfaction
• Compensation – Highly skilled staff will look for appropriate compensation, including salary and benefits, making this a potentially high-reward investment for employers
• Streamlining recruitment – If you work with a recruiter, make sure they are right for your sector and needs
• Outsourcing – You may consider outsourcing a process or service in your business to a specialist external provider, provided they are reliable and gel with your company’s values and goals.

Your ultimate goal is to create a productive, collaborative and happy working environment that minimises turnover rates – reducing recruitment cost and disruptions.

Is your accountant working for you?

Did you know that your accountant can help you to minimise the impact of staffing shortages on your business?

Most obviously, we can support you with your finances, your reporting, tax returns and your business strategy – with input along the way from you, to ensure that your business is moving in the right direction.

Beyond that, we can also advise you on implementing technology and cloud architecture into your business processes, allowing automations and streamlined workflows to ease the burden of skills shortages.

For further advice on staffing your business, please contact our team today.