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With applications for the third Self-Employment Income Support Scheme (SEISS) grant opening this week, many self-employed professionals are breathing a sigh of relief. The grant has provided vital support for thousands of professionals who have seen their profits and/or demand affected by the Covid-19 pandemic. But as many will discover there are various factors to...
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With the end of one year, comes the start of another exciting period for your business. Whatever your niche or target market, managing your business finances effectively and efficiently is an aim for every organisation, no matter how big or small. The start of a New Year is the perfect time to set new goals...
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‘Money for nothing’ isn’t a term that exists in today’s business world, which makes claiming all the tax reliefs you can important. For sole traders in particular, claiming tax relief means you keep more of your hard-earned cash, funds that can be reinvested to help grow your business activities further. Unbeknown to most, several business...
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The UK is a nation of entrepreneurs. 2018 started with some 5.6 million small businesses and we’re pleased to say that 2019 so far has been another exciting period of new business launches.  Setting up your own business – whether it’s an idea you’ve been sitting on for a while or a venture that has...
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Here at Hurren Accountants, we work with professionals from all walks of life and at all stages. From national and multi-national organisations to regional businesses and sole traders, we cater to all requirements with our accounting services. Our work with sole traders is particularly important. As a sole trader you don’t want the headache of...
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Cash is king, we all know that, and in these uncertain economic times, the management of cash flow becomes even more critical. Cash inflow in particular is the lifeblood of businesses of all sizes and niches, with funds from customers, loans, investments and interest on savings all helping companies grow from strength to strength. With...
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We’ve all been there, ruthlessly chasing an unpaid, overdue invoice, only to be met with no response or worse, the promise of a payment that never comes. Late payments aren’t just annoying; they can damage your business. After all, the time spent chasing outstanding invoices could be better spent developing other areas of your business....
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The Lifetime ISA or LISA is a profitable, tax-free option if you’re thinking of saving for your first home or retirement. Despite its introduction in 2017, it still remains a relatively unused relief. Unbeknown to most savers, the Lifetime ISA offers one very important advantage over Cash ISAs and Stocks and Shares. Here we reveal...
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What Changes Does the New Tax Year Bring? With the end of one tax year, comes the beginning of another. The new era however doesn’t just represent the approach of another self-assessment deadline. Several tax changes have been implemented as of 6th April 2019, but what does the start of the 2019/20 tax year mean...
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After a long wait, the Making Tax Digital (MTD) deadline is finally upon us. As of the 1st April 2019, all VAT-registered businesses who are above the £85,000 threshold will have to use this more effective and efficient tax system to submit their returns. Going digital has been a long time coming, if you’re yet...
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