Fact3 Guidance on March 2021 Budget
Last week’s budget held few surprises, mainly due to the large amount of content being leaked in advance. Now we have had a few days for full details to emerge, we take a look at the Budget 2021 Facts for SMEs.
Tax incentives from the UK Government for using electric cars
The UK government is keen to achieve its Co2 emissions targets. Part of that plan includes encouraging businesses and individuals to switch to electric vehicles.
In order to make electric vehicles more attractive to individuals and companies thinking about making the change, they have put in place a host of tax savings and incentives to encourage business uptake.
COVID-19 - Advice on Financial Support Available to SMEs
At 5pm 17 March the UK Government provided some detail on the package of measures being taken by them to support businesses financially during COVID-19.
We’ve pulled together what we know so far, and we’ll update this as more information is released. We’ve also included some specific guidance released from the ACCA on HMRC time to pay arrangements and guidance for running your business remotely.
Let's talk money - the importance of employee financial wellbeing
For Talk Money week we thought we would discuss the importance of employee financial wellbeing.
We cover what you can do, as an employer, to help improve and maintain this within a workforce. Very often the idea of financial wellbeing falls by the wayside.
Why should you Co-Source your accounts with Fact3
You may have seen our previous post asking ‘Why you should outsource your IT with Fact3?’ where we explained the different benefits and options you had when you work alongside us.
Within this article we will explain the benefits of outsourcing your finances with Fact3.
Making Tax Digital
HMRC has announced that by 2020 the Making Tax Digital initiative will be in place meaning it will be easier for individuals and businesses to ensure their tax is correct and access their own tax affairs online via digital accounts.
At the moment, it is estimated that £8 billion a year in tax is lost from avoidable errors and so making tax digital is hopefully going to reduce these costs.