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Managing a Business

March 2021 Budget

The 2021 budget delivered a number of new grants, extensions to most of the existing schemes and the promise of tax rises in the future.

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Managing a Business

Be ready – HMRC are increasing their VAT enquiries

My Finance Drive bookkeeping team have seen a recent increase in the number of enquiries from HMRC, especially on VAT Returns. One HMRC agent told us that extra staff had been brought in from other departments to help them complete all of these reviews. But what is a VAT enquiry? What does it mean for your business? And what has prompted this increase?

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Managing a Business

Winter Economy Plan reflection

Two weeks have passed since the Winter Economy Plan was announced by the government. This pack of measures includes grants, tax relief and loan extensions designed to keep the economy going through the winter.

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Growing a Business

Profiting from your accountant

Having the right accountant can help you make profit. Find out what we do differently and why it is so effective at helping our clients to make more money.

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