Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you and easy to contact www.shaikhandcoaccountants.com; 01892 552696; 01732 247550 Do you have a growth strategy? A company might have a great product or service but without a business growth strategy to help it define, articulate, and communicate where it is going, it may not grow at all! A growth strategy starts with identifying and accessing opportunities within your market. The strategy addresses how your company is ..read more

Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you and are easy to contact www.shaikhandcoaccountants.com; 01732 247 550; 01892 552696   How high could interest rates rise? Earlier this month the Bank of England (BOE) raised interest rates for a 12th consecutive time as the rate of rising prices remains high. The Bank rate has gone up from 4.25% to 4.5%. The BOE has been under pressure to put rates up because it has a target to keep inflation at 2%, but prices a ..read more

Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you www.shaikhandcoaccountants.com; 01892 552696   Artificial Intelligence – Can it work for your business? With the new wave of artificial intelligence (AI) technology, there’s an opportunity to automate many routine or administrative tasks and improve the overall efficiency of your business. One AI tool that has gained significant attention recently is ChatGPT. Developed by OpenAI, ChatGPT is an advanced language ..read more

Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you and easy to contact www.shaikhandcoaccountants.com 01892 552696; 01732 247 550   Creating your business’s future Interest rates continue to rise as pressure grows on the Bank of England to call time on its aggressive monetary tightening campaign. There remains uncertainty in the Banking sector with First Republic becoming the third bank to be taken over by US regulators in the last two months and Asian stocks fe ..read more

Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further.  Regulation for short-term lets in England The Government has published two consultations, both of which are aimed at regulating the short-term letting industry. Short-term holiday lettings and ‘AirBnB’ style rentals form an integral part of the UK’s visitor economy, but the Government recognises the impact of this growing sector on the availability and affordability of rental housing and house prices, particularly in areas such as London and th ..read more

Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you and easy to get in touch www.Shaikhandcoaccountants.Com, 01892 552696; 01732 247 550 Our office will be closed on 8th May for the bank holiday to celebrate the coronation of His Majesty King Charles. We hope all our clients get the opportunity enjoy this additional bank holiday. Normal office hours will resume on 9th May.   What’s important? With the constant news surrounding the economy, interest rate uncertain ..read more

Welcome to our monthly newsletter for property landlords. We hope you find this informative and please contact us to discuss any matters further. Regulation for short-term lets in England The Government has published two consultations, both of which are aimed at regulating the short-term letting industry. Short-term holiday lettings and ‘AirBnB’ style rentals form an integral part of the UK’s visitor economy, but the Government recognises the impact of this growing sector on the availability and affordability of rental housing and house prices, particularly in areas such as London and the Sout ..read more

Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you and easy to contact www.shaikhandcoaccountants.com; 01892 552696   Building business resilience Millions of businesses and households are struggling with their energy costs, alongside increases in general taxation, the cost of council tax, water bills and other utilities. Is it all doom and gloom or can you plan forward and make adjustments in, and to, your business to factor in these changes? Our experience tel ..read more

Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you and easy to contact www.shaikhandcoaccountants.com; 01892 552696   Managing inheritance tax Like many other taxes, inheritance tax (or IHT) allowances have been frozen. This sounds generous of the chancellor at a time when the government is strapped for cash. But it means that we are paying more. Data from HMRC has revealed that Inheritance tax collected between April 2022 and February 2023 totalled £6.4bn, whic ..read more

Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you!   Managing your cash flow With increasing supplier prices and economic uncertainty, managing your business’s cash and understanding the flow are now vital tools in maintaining resilience and being able to adopt flexible strategies for success. Cash flows are a reflection of all the cash that is flowing in and out of a business. Owners can look at the direction of the cash flows for insights about the health of ..read more