Edwards Accountants 
The new financial year in April 2023 has brought with it significant changes to Corporation Tax (CT), also known as Corporate Tax, for businesses of all sizes. These changes could end up significantly affecting your bottom line. CT has been at a flat rate of 19% since April 2017, so this may come as … Read more
Starting a business is exciting, but it also comes with many challenges, that can be made even harder if you don’t have the right business plan in place, especially in an unfavourable economic situation. Approximately 20% of start-ups don’t see their first anniversary, with 60% failing within three years of business. That’s why receiving … Read more
On 4th January 2023, HMRC published guidance on a new penalty regime for late submission and payment of VAT returns, which has brought VAT penalties closer in line with those currently in place for direct tax returns. The new penalty charges apply to all VAT accounting periods starting on or after 1st January, and unlike … Read more
The current Chancellor of the Exchequer, Jeremy Hunt, is expected to deliver the Spring Budget on 15 March. Each budget is an outline of the government’s plans for the economy over the next few months, and there’s anticipation over what could be included this time. With the cost-of-living crisis, rising inflation, and a potential housing … Read more
The new tax year starts on 6 April 2023, which means that now is the perfect time to get your finances in order. Several important, tax-efficient allowances reset and rollover between financial years, so it’s important to make sure you’ve done all you can to help grow your savings. As a leading Chartered Accountants in … Read more
It’s no secret that the economic situation has been difficult for businesses in the UK since the dawn of the pandemic. Stunted growth, reduced customer revenue, difficulty retaining or hiring new employees: all these and more have combined into a torrid time for businesses in the UK of late. However, could the situation be better … Read more
The current cost of living crisis is making financial management difficult. Simply put, businesses, business owners and corporations alike are struggling to keep up with the rising costs of energy bills, petrol, business supplies, and more. UK inflation is currently being driven by several factors, including increased costs within the supply chain and logistics industry … Read more
Is your business looking to undergo a merger or acquisition? Have you thought about the due diligence process? Concerned about the tax complexities? Don’t panic, the Edwards team are here to help! We’re experts in business sales, mergers and acquisitions, and we have recently supported our clients with the completion of several business sales worth … Read more
Ex-Chancellor Kwasi Kwarteng’s Mini-Budget has been superseded by Chancellor Jeremy Hunt’s Mini-Budget U-turn on the 14th October 2022. This is likely to be superseeded again in November 2022. Amid rapidly rising house prices, energy costs, and the growing concern of an incoming recession, the government recently announced their plans to help stimulate economic growth. No matter who … Read more
Following the success of our last workshop in December 2021, and those before, we will be running another Cycle of Business Success Seminar alongside REACH Business Coaching to ensure we can continue supporting the growth of businesses. Our FREE workshop will take place on 23rd September 2022 at the Drayton Manor Park Hotel in Fazeley … Read more
