Business

Name: Swindells Chartered Accountants
Address: Wilson House, 48 Brooklyn Road, Seaford, East Sussex, BN25 2DX
Price range: ££

Ten things your business can do to manage inflation effectively

Inflation refers to the general rise in the prices of goods and services in an economy. For businesses in the UK, inflation can present a challenge as it can lead to an increase in the cost of raw materials and other inputs, which can have a negative impact on profit margins. When inflation is too […]

HMRC interest rates to increase in April

Following the Monetary Policy Committee decision to increase the Bank of England base rate to 4.25%, HMRC has announced increases to both the interest charged on late paid tax and the rate paid on repayments of tax.

How to use Artificial Intelligence in business in 2023

Artificial intelligence (AI) is a rapidly growing field of technology, that is transforming many aspects of our daily lives. It refers to the creation of intelligent machines that can perform tasks typically requiring human intelligence, such as learning, problem solving, decision making and language processing. In this article we will delve deeper into its applications for business in 2023.

Basis period reform: What you need to know

You may have heard that HM Revenue & Customs are changing the basis period rules that are used when accounting for tax on business profits. These changes will affect any business that prepares its accounts to an annual accounting date other than 31 March or 5 April, and is therefore likely to affect you.

Pension planning opportunities post Budget (March 2023)

Last week’s Budget delivered by Jeremy Hunt had a strong focus on pensions, with a considerable volume of analysis and reporting thereafter, and I want to identify the major changes and the opportunities this may now present.

2023 Spring Budget – key points

The Chancellor, Jeremy Hunt has announced the 2023 budget. The UK will now not enter a technical recession this year the independent Office for Budget Responsibility (OBR) has said. Inflation will also more than halve and reduce to 2.9% by the end of the year. This article will outline the key points made in this year’s budget with a detailed PDF download to follow.