On Wednesday (March 15th) the Chancellor, Jeremy Hunt, delivered his Spring Budget to the House of Commons. With the press dubbing this the ‘Back to Work Budget’ in the days leading up to its delivery, Mr Hunt included plenty of measures aimed at tempting non-working, working-age people back into employment. This amounted to several incentives targeting those considering early retirement; support for disabled people and those temporarily out of work; and measures helping new and working parents (particularly those with children under the age of three). Meanwhile, for businesses, there was th ..read more

We’re delighted to announce The Danbro Foundation’s new sponsorship project with local family and children’s charity, Home-Start. The Foundation’s Board of Trustees recently voted to donate £1,500 to Home-Start: Blackpool, Fylde & Wyre, which will fund the cost of supporting one local family for the next 12 months. Home-Start: ‘Generating lasting development amongst parents & children’ Through a network of trained volunteers and specialist staff, Home-Start provide essential, personalised, and non-judgemental support for vulnerable parents and children in Blackpool, Wyre, The Fylde ..read more

The Danbro Foundation is a not-for-profit organisation, devoted to improving the lives and prospects of those less fortunate, providing them with optimism, opportunities and, ultimately, hope for a better future. Our culture here at Danbro has always been about more than just profit margins and number crunching. The Danbro Foundation is a prime example of how we use our money to affect positive change in the local and wider community. We aim to ‘share the success’ of the Danbro Group, committing both time and financial resource to provide opportunities and support to those who need it most. T ..read more

We’re delighted to introduce you all to Danbro Business Solutions – your specialist business accountants. Danbro Business; what’s new? Danbro Business is a brand new member of the Danbro Family; dedicated to start-ups, small businesses, franchises, and self-employed people across the UK. This is a big step forward for us as a business. We’re excited about the extra dimension and increased connectivity it will add to our service level. Our brand new website makes it even easier for you to: Join the Danbro family Get to know the team Book personal appointments Get more information about ..read more

On Wednesday (October 27th) the Chancellor, Rishi Sunak, delivered his 2021 Autumn Budget to the House of Commons. With the economic outlook continuing to improve, and with lockdowns (hopefully) a thing of the past, this Budget – the second of the year – was an opportunity for Mr Sunak to make good on his promise to ‘move on from crisis-management mode’ following his first 18 pandemic-ravaged months in office. After all, the economy is recovering faster than many of our contemporaries and borrowing is set to fall by more than 50% – from 7.9% to 3.3%. However, the Chancellor still faced a pl ..read more

Balance sheets. Cash flow statements. Operating expenditure. Economies of scale. EBIDTA. The list goes on. As a business owner, cutting through the jargon of business accountancy can be a real headache. But it’s your responsibility, as a limited company director, to track the financial health of your business. You need to be able to understand your company financials and recognise how your business is performing. So, with some expert advice on interpreting balance sheets and cash flow statements, here’s Keith Tully (below), Managing Director at Real Business Rescue, with how ..read more

As a result of the pandemic, more people than ever are engaging in flexible working and working from home. Whether it’s due to self-isolation, the closure of office spaces, or looking after children or vulnerable relatives, remote and flexible working has escalated at a rate no one could have foreseen. That includes those (such as ourselves) who’ve been practicing – and promoting – flexible working since way before the pandemic. So, though the circumstances are extreme – and far from desirable – will this prolonged and enforced change in our working style persist beyond 2021? Could we be at t ..read more

Much has been made recently of non-compliant umbrella companies and the need to crack down on their unscrupulous activities. It’s something we’ve warned contractors about for many years. But, worryingly – and owing to what seems like a lack of understanding of our sector from certain sections of the media, unfounded reservations have been made about the practices of upstanding and accredited umbrella companies. In the build-up to the introduction of new rules surrounding IR35 in the private sector, several articles appeared seeking to discredit the integrity and reputability of our industry a ..read more

Type ‘what is…’ into a search engine these days and Bitcoin will sit high on the list of suggestions. Bitcoin and other cryptocurrencies such as Ethereum and Cardano may once have seemed like futuristic buzzwords, but their prevalence is growing fast. And as public interest in cryptocurrencies increases, so too does the attention they get from the taxman. So, it’s time to talk about ‘Bitcoin tax’. Whether you own cryptoassets, trade in Bitcoin, or have made gains that you’re not sure how to declare, this guide will help answer your questions. What is Bitcoin? Formed in January 2009 by ‘Satos ..read more

Struggling to think of what to get your Mum this Mother’s Day. Well, Danbro might have the answer… a nice bunch of Specified Adult Childcare credits to add to her State Pension, of course! If you’ve no idea what we’re talking about, don’t worry. It seems most of those eligible are unaware that this government scheme even exists. It’s fairly commonplace for family members – particularly grandparents – to look after young children in order for the child’s parent/s to return to work. Often, these carers reduce their own working hours to be able do this, or even give up work completely. Despite ..read more