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Useful insights

Ideas, inspiration and insight.

It’s a big, wide business world out there. And there’s nothing we like better than sharing our thoughts on helping businesses grow, what’s happening in accountancy, tax and finance and what inspires us to do what we do.

Whether you’re after an insight into the way we think, a few tips to help your business, an update on the latest developments or just a good read, here are a few of our latest thoughts.

I deliver this tax advice service on myself

Posted 1 day ago

As a business owner, I want to build a really good future for myself and my partner. That involves making sure I’m aware of all the right things so we can achieve what we set out to. One of the ways to do this is through a Tax Diagnostic.

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32 Ways to Get the Maximum Value out of your Business

Posted 1 week ago

A question I get asked all the time is: ‘What can I take out of my business?’ and ‘how do I save more tax?’ Well, the quick answer is, ‘there’s up to 32 ways to get value out of your business, tax efficiently.’

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You’re not getting the tax advice you need

Posted 2 weeks ago

There’s an unspoken truth when it comes to tax advice: for business owners, there’s a complete lack of transparency from advisors over what tax advice actually is.

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R&D – Are You Sat On Secret R&D?

Posted 2 months ago

It’s crazy how many businesses have no idea the projects they are working on qualify for R&D. Here’s some case studies where we’ve uncovered secret R&D….and a cash refund!

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R&D – Can I Claim R&D Tax Credits & Patent Box Relief

Posted 2 months ago

Find out more about Patent Box Relief, whether you should be claiming it and how it will interact with your R&D Tax Relief claim

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R&D – 9 Record Keeping Habits Your Business Needs

Posted 3 months ago

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R&D – How Will External Funding Affect My R&D Claim?

Posted 3 months ago

There are many routes to gain funding for your R&D projects, but how will that funding affect your R&D Claim?

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R&D – Can I Claim For Failed R&D Projects?

Posted 3 months ago

Are you claiming for all eligible R&D projects, including those that have failed? Discover four points to consider if an R&D project fails

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R&D – 4 Ways To Bring Forward Your R&D Tax Credit

Posted 3 months ago

Discover four ways to bring forward your R&D Tax refund, and get your money back even earlier.

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Spring Statement – March 2022

Posted 3 months ago

Find out all the detail in the Chancellor’s Spring Statement, with changes to NIC, R&D and fuel duty reductions

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R&D – Subcontractor or contractor – what R&D can I claim?

Posted 3 months ago

Whether you’re a subcontractor, or contractor; discover eight rules that could affect your R&D Tax Relief claim, where subcontracting is involved

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R&D – What Software Expenses Can I Claim For?

Posted 3 months ago

Did you know, not all software costs qualify for R&D tax relief? Get familiar with the rules and exceptions for your R&D claim

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14 Quick wins to get EVEN MORE money back in your next R&D claim

Posted 3 months ago

Discover 14 quick wins to ensure you are taking your R&D Tax Relief claim to the max

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Should I Outsource My R&D Activity Or Keep It In-House?

Posted 3 months ago

We can’t decide for you, but we can equip you with everything we know to help you decide whether your R&D project activity is better in-house or outsourced

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How To Better Forecast Your R&D Claim

Posted 4 months ago

Find out how to get a better understanding of what R&D costs qualify earlier, for more accurate cashflow forecasting and planning for future investment

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When It Comes To R&D, Timings Are Key!

Posted 4 months ago

Find out the optimum time to make your R&D Tax Relief claim, and the R&D claim timeframes that you need to know

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7 Ways To Grow Your Business – Step 7

Posted 4 months ago

Eliminate or better manage your fixed costs to improve your business and its profitability

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7 Ways To Grow Your Business – Step 6

Posted 4 months ago

Increase your margin by improving efficiency to reduce the costs that go into your product

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National Minimum Wage from 1 April 2022

Posted 4 months ago

The National Minimum Wage increases from 1 April 2022 with notable increases which may catch out some employers.

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7 Ways To Grow Your Business – Step 5

Posted 4 months ago

Help your customers buy additional products or services or bigger volumes

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7 Ways To Grow Your Business – Step 4

Posted 4 months ago

Driving your engage with your customers will encourage them to buy from you more often

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7 Ways To Grow Your Business – Step 3

Posted 4 months ago

Get more of your prospects to buy from you by following up effectively and building rapport.

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7 Ways To Grow Your Business – Step 2

Posted 4 months ago

Gain more enquiries from people who are not yet customers with improved marketing strategies.

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7 Ways To Grow Your Business – Step 1

Posted 4 months ago

Good service leads to multiple sales. If you take good care of your customers, they will open doors you could never open by yourself.

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7 Ways To Grow Your Business

Posted 5 months ago

Looking to grow your business? We can help you with 7 ways to grow your business, the first 5 grow your sales, the last 2 reduce costs. Which of the 7 ways will you focus on first?

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Adopting An Atomics Habit Mindset

Posted 5 months ago

If you struggle to make habits stick, stop focusing on habit outcomes and consciously adapt your identity to be the person that aligns with your habit.

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Building A Better Business – Step 10

Posted 5 months ago

What activities fill your ‘well of happiness’? Happiness is essential to your success!

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Building A Better Business – Step 9

Posted 5 months ago

You monitor your car’s dashboard to avoid running out of gas or blowing up your engine… but do you monitor your business’s dashboard?

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Building A Better Business – Step 8

Posted 5 months ago

Referrals are the easiest way to generate new business, and building strong networks is a great way to generate referrals. Networking and referrals are cost-effective ways to grow your business, as the return on investment can be huge.

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Building A Better Business – Step 7

Posted 5 months ago

Do you find yourself setting goals but struggle to achieve them? Need accountability? A bit like a personal trainer for your business, find someone independent who’ll hold you to account and ensure you reach your endgame!

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Building A Better Business – Step 6

Posted 5 months ago

Are there signs of toxicity in your business? A toxic workplace culture will inhibit the success of your business. Be a better leader and build a stronger culture.

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Building A Better Business – Step 5

Posted 5 months ago

Are you the bottleneck in your business? How many departments are you leading? Are you doing a good job of them all? Get the right organisation structure in place and you’ll free up your time and reduce stress.

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Building A Better Business – Step 4

Posted 5 months ago

Don’t be a slave to your business! Create a plan so you can extract what you want from your business.

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Building A Better Business – Step 3

Posted 5 months ago

Reflecting on your business’s vulnerabilities and defining where your business is at, warts and all, is a crucial step to #BuildABetterBusiness. Knowing your starting point will clarify how you’ll reach your endgame.

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Building A Better Business – Step 2

Posted 6 months ago

Being open to new learning is an essential part of building a better business. Where could you extend your knowledge? Set a target and get learning!

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Building A Better Business – Step 1

Posted 6 months ago

You can’t build a better business without defining exactly what you want. Your business is there to serve you, not the other way around!

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“Be, Do, Have” – A Better Way To Achieve Your Goals

Posted 6 months ago

Our success in life depends largely on our mindset. We take a look at “Be, Do, Have” as a better way to achieve your goals in life.

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Budget 2021 – Smoke & Mirrors

Posted 8 months ago

Budget 2021 – delivered with the confidence of a victory lap but does it stack up, does it address the real issues and what is the impact on taxpayers.

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National Insurance Increase – A Clever Disguise

Posted 10 months ago

The Prime Minister announced increases to National Insurance from 6th April 2022. At first glance, only a small increase but digging a little deeper it becomes clear that the tax rises are wider reaching measures.

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Optimum Director’s Salary – 2021/22

Posted 1 year ago

Calculating the optimum director’s salary for 2021/22 may look straightforward but there’s a lot in play to get to the right figure – a review of individual circumstances will achieve that tax optimisation.

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National Minimum Wage from 1 April 2021

Posted 1 year ago

The National Minimum Wage increases from 1 April 2021 with changes for 23 and 24 year olds which may catch out some employers.

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Budget 2021 – Tricky For Rishi

Posted 1 year ago

Budget 2021 – it was always going to be a tricky one to navigate for the Chancellor – not many surprises but the detail shows how they plan to recover the deficit.

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Brexit – VATs It All About?

Posted 1 year ago

Don’t get bogged down in VAT & Brexit. Trust us, we did and it wasn’t pretty!

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VAT Deferral New Payment Scheme – Details Released

Posted 1 year ago

The VAT Deferral New Payment Scheme will be open from 23rd February 2021 to allow VAT deferred from 2020 to be spread in equal instalments up to 31st March 2022.

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Kickstart Scheme – Update – Improved Access for Small Businesses

Posted 1 year ago

The minimum job placement requirement to qualify for the Kickstart Scheme has been removed – fantastic news for small businesses!

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CIS VAT Reverse Charge – Changes From 1st March 2021

Posted 1 year ago

Big changes are scheduled to be implemented on 1st March 2021 for VAT registered businesses operating in the Construction Industry. A handy flowchart and examples to guide you through the detail.

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Lockdown 3.0 – Further Business Support

Posted 1 year ago

Lockdown 3.0 – a familiar sequel with new business support measures announced by The Chancellor.

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Quarterly Tax Update – December 2020

Posted 2 years ago

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The 3rd SEISS Grant – “Don’t Ask Me About My Business, Rishi”

Posted 2 years ago

The 3rd SEISS grant has significant criteria differences to the 1st & 2nd grants. Don’t give Rishi an excuse to “make you an offer you can’t refuse”.

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Rishi, is everything alright at home?

Posted 2 years ago

Countless changes to furlough in the last few months but maybe we’ve finally got to a point where we know what Winter support will look like for employees and the self-employed.

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Like A Goat On AstroTurf

Posted 2 years ago

Here we go again…..it’s Lockdown 2. An offer of a helping hand and getting hold of the controllables.

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Changes to the Winter support packages

Posted 2 years ago

Yesterday, The Chancellor made changes to previously announced support schemes to assist with businesses with job retention and grant funding over the Winter months – we give you a summary of the main changes & improvements.

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Expenses Guide – Sole Traders & Partnerships

Posted 2 years ago

An A-Z help guide to the expenses that can be claimed by sole traders & partnerships.

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Expenses Guide – Limited Companies

Posted 2 years ago

An A-Z help guide to the expenses that can be claimed by a limited company.

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Winter Economy Plan – A Summary

Posted 2 years ago

A summary of the new package of measure announced on 24 September 2020 to support the economy during Winter 2020.

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Fight, Flight or………wait, there’s another “F”?

Posted 2 years ago

We’ve all heard of the Fight-Flight response but there’s another “F” in play which might be holding us back

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Quarterly Tax Update – September 2020

Posted 2 years ago

Elevate’s quarterly tax update keeping you on top of all recent developments and news in the world of tax

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Kickstart Scheme details

Posted 2 years ago

The eagerly awaited details on the Kickstart Scheme are released but the practicalities for small businesses are all too plain to see.

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Summer Statement Highlights

Posted 2 years ago

A brief update on the main points raised in the Chancellor’s Summer Statement.

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Xero Business Snapshot Feature

Posted 2 years ago

A quick video running through a new feature recently released by Xero – Business Snapshot.

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Changing Your Accountant Need Not Be Terrifying – Video

Posted 2 years ago

Changing your accountant is a big decision. Will the grass really be greener?  Better the devil you know and all that!

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Revive Your Business During COVID-19 – Video

Posted 2 years ago

The Coronavirus situation has three stages for businesses. Survive, Revive and Thrive.

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HMRC COVID-19 Tax Reliefs – Q&A Video

Posted 2 years ago

A man on a walk, talking you through all the recent tax reliefs on offer from HMRC in light of the COVID crisis.

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COVID-19 – just another obstacle you can overcome

Posted 2 years ago

Practical positivity in a world gone crazy – a few easy steps to get your sh*t together!

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Yesterday’s news…..it’s only the beginning

Posted 3 years ago

The world has become “live” and “on-demand” – how to make sure your business is doing the same, delivering you tomorrow’s news

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Autumn Budget 2018 Update

Posted 4 years ago

Find out about the key budget changes in 2019/20 that will have an impact on both individuals and businesses.

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Positivity

Posted 4 years ago

Think Positive – A positive mindset is crucial, not only for business success, but for a successful life in general.

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Making Tax Digital

Posted 4 years ago

The way that businesses and individuals report their figures to HMRC is changing with ‘Making Tax Digital’. Find out how.

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Business Start-Ups

Posted 4 years ago

It can be a daunting time when setting out on the journey of starting a new business. Here are some of our top new business tips.

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