-
All you need to know about the non-domicile status
- 11th May 2022
- Posted by: team-glow
- Category: News, Shenward
No CommentsThe non-domicile status entered the spotlight last month when it was revealed that Rishi Sunak’s wife had claimed non-domicile status. However, despite the headlines and controversy surrounding her claim of non-domicile status, the truth is that is not a tax avoidance scheme. Claiming non-domicile status is in fact something that should be considered if you
-
How to manage rising energy bills as a business
- 9th May 2022
- Posted by: team-glow
- Category: News, Shenward
The cost of energy has risen significantly in recent months and whilst there’s a heavy focus on how individuals will cope, business owners are also in need of answers as to how to manage rising energy bills. As a business, you cannot just ‘switch off’ to reduce your bills. You have a responsibility to create
-
Shenward Partners with Dext Prepare to Make Digital Accounting Simpler for All
- 2nd May 2022
- Posted by: team-glow
- Category: News
Here at Shenward, we’ve gone above and beyond to make the transition to MTD easier for clients and employees by partnering with software provider Dext. We’re renowned for our forward-thinking digital transformation strategy, and we’ve taken this a step further by investing in Dext Prepare, allowing for important accounting documents to be stored and processed
-
Spring Budget 2022: What does it really mean for businesses?
- 30th March 2022
- Posted by: team-glow
- Category: News, Shenward
Last week, Chancellor Rishi Sunak delivered the Spring Budget 2022 to the commons and as expected, it’s been widely reported on. Amid rising inflation and cost of living, some of the points highlighted in his statement were highly anticipated – many had already speculated what Sunak would announce and hoped for good news to alleviate
-
International Women’s Day 2022: An interview with Simone
- 8th March 2022
- Posted by: team-glow
- Category: News
In honour of International Women’s Day, we spoke to Simone Lewis, a wonderful accountant at our Leeds office. Simone shares her thoughts on what International Women’s day means to her. “To me personally, International Women’s Day is a day that celebrates women who have overcome prejudice and achieved their ambitions, whilst also bringing into the
-
Making Tax Digital: The importance of choosing the right software
- 25th February 2022
- Posted by: team-glow
- Category: General
Making Tax Digital might seem like just a buzzword, but with the shift to mandatory digital accounting coming in April 2022 for all VAT-registered businesses, the doors are closing in fast. Now is the time to ensure you’re fully equipped with the right software. Why the rush? If your business fails to comply within the
-
Tax Changes You Need to Know in 2022
- 1st February 2022
- Posted by: team-glow
- Category: General
2022 is set to be a year of financial changes, particularly where tax and national insurance is involved. As always, we want you to be as prepared as possible and have instant access to digestible information. Below, you’ll find a list of all upcoming changes planned this year, with insight into how it may impact
-
8 Tips for Organising Your Business Finances
- 6th December 2021
- Posted by: team-glow
- Category: General
Managing a business means you probably have 101 things on your to-do list every day, and organising your business finances usually takes a back seat until there is a need to. Running a business is hard and staying organised can be difficult, but organising your business finances can actually take the pressure off, making other
-
What To Look for In an Accountant: Understanding the Hiring Processes
- 3rd December 2021
- Posted by: team-glow
- Category: General
Thinking of hiring an Accountant? Want to understand how to navigate the hiring process? You’re in the right place. It’s no longer satisfactory to conduct a google search for your nearest accountant and make the call. It’s vital you dig deeper into whether they are the right match for your business. Not only does your
-
Tax Tips for SME Business Owners.
- 3rd December 2021
- Posted by: team-glow
- Category: General
Staying on top of your tax is not the reason you got into business. We get it, it’s not fun. But unfortunately, it is a vital aspect of running and ensuring you’re on the right side of the law. Whilst getting to grip with business tax won’t bring you immediate joy – it may leave
-
7 Essential Tips to Help You Manage Your Tax Liability
- 3rd December 2021
- Posted by: team-glow
- Category: General
When the word tax is mentioned, everyone who’s not an accountant cringes a little inside, but the matter of fact is, your tax liability is something you can’t escape from and sooner or later, you need to face it head on and figure our a way to manage it. Yes, tax liability can be difficult
-
Budget 2022 Round-Up: What You Need to Know
- 29th October 2021
- Posted by: team-glow
- Category: General
Shenward’s experts tuned in to listen to the budget announcement on October 27th – though a lot of what was announced had previously been shared with the media ahead of the Chancellor’s budget. Thing is, with so much information offloaded via various channels, it’s easy to get caught up in a slurry of information overload.
-
How to Get the Most Out of Your Accountant
- 27th October 2021
- Posted by: team-glow
- Category: General
Your accountant is one of the most important people within your business. That’s why it’s important to determine not only what you expect from your accountant prior to appointing them, but also know how you can get the most out of them once they’re part of your team. But how exactly can you do this?
-
CHANGES TO NATIONAL INSURANCE IN THE UK: WHAT YOU NEED TO KNOW
- 13th September 2021
- Posted by: team-glow
- Category: General
By Talha Aslam, Payroll Manager at Shenward. In a recent parliament meeting, it was announced that there will be changes to national insurance in the UK – more specifically, it is set to increase. Being the biggest story of the week, the announcement is everywhere – but with so much information circulating, how can you
-
FINANCIAL SUPPORT FOR BUSINESSES COMING OUT OF THE COVID-19 PANDEMIC
- 24th August 2021
- Posted by: team-glow
- Category: General
With the lifting of legal restrictions in the UK, it’s great to see businesses being able to reopen their doors after a difficult 18 months of closures. Whilst it’s brilliant to see businesses with their open signs hanging, this doesn’t mean that the difficulties of the pandemic are over, and many businesses are still struggling
-
5 Financial Mistakes Every New Business Owner Should Avoid
- 24th August 2021
- Posted by: team-glow
- Category: General
Listen, we know everyone makes mistakes. We’re only human. Starting a business in itself is all about trial and error; finding out what works for you and your business and what doesn’t. But, when it comes to your finances, unfortunately, there is less margin for error. You don’t need us to tell you that your
-
5 Things Every Small Business Owner Needs to Know About Business Banking
- 9th August 2021
- Posted by: team-glow
- Category: General
Starting a new business can leave your mind reeling – with a never-ending to-do list, it is no wonder 72% of small business owners feel overwhelmed with their responsibilities. Whilst you may be excited to get your product or service out into the world, you must remember your business is more than what you’re selling,
-
Financial help for Bradford businesses during the Covid-19 pandemic
- 29th July 2021
- Posted by: team-glow
- Category: Current Affairs, General
Many businesses are now back to “normal” service following 19th July being coined as ‘Freedom Day’ for people across the UK. The government has now removed outstanding legal restrictions on social contact and life events, and all venues currently closed can safely reopen with no capacity limits. This is great news for many businesses across
-
Forming a limited company as a buy to let landlord
- 29th June 2021
- Posted by: team-glow
- Category: General, Tax
When is it ok to form a limited company for your buy to let business and when is it not? A recent report by estate agent Hamptons showed that a record number of new limited companies have been set up by landlords in 2021, revealing a 23% increase compared to the previous year. Why? When
-
This Month’s FAQs Answered
- 19th June 2021
- Posted by: team-glow
- Category: Shenward
There is a lot of uncertainty surrounding finances, especially given the current circumstances. As a result, business owners and sole traders are naturally asking more questions. With a number of key financial dates approaching, our experts have provided answers to this month’s frequently asked questions. When does the furlough scheme end? What are the key