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I know cash is king, but how do I get it paid faster?

Xero Trifecta Part 3: Boost Cash “Cash is king” is an expression that has been around for a long time. It has been adopted in the corporate world as a way of emphasising the need for businesses to have a healthy cash flow in order to function. What the phrase doesn’t...

Keeping your firm’s mobile devices safe from malware attacks

Recent industry reports from cybersecurity firms such as McAfee and Kaspersky Lab have identified that mobile malware attacks are becoming increasingly widespread and more sophisticated. Most business professionals use smartphones these days. These devices are...

Certain gifts can have capital gains tax consequences

Although there will be no CGT on gifts of cash there may be CGT to pay where the gift comprises shares or other assets. This is because the transaction will generally be deemed to take place at market value between connected persons even though no money changes hands....

The IHT annual exemption – use it or lose it!

Although not particularly generous at £3,000 per donor per annum if this annual IHT exemption is not used by 5 April it is lost, although it is possible to carry the allowance forward one year if unused. This means that if the annual allowance for 2017/18 was not used...

How do you make a business more successful?

The Xero Trifecta explained PT. 2: Get Control It’s the question at the heart of every other business question. What’s the secret to a truly successful business. And though there are plenty of tips and hacks out there on the journey of success, it all starts with...