Minimise Your Tax Bill with Allowable Business Expenses Allowable Expenses is a term used to describe costs or expenses you incur while running your business that you can claim as tax deductions therefore reducing the amount of tax you pay on your profits. However what expenses you can claim […]
Category Archives: Business
Building a Bigger Business? Start with Strong Financial Strategies! Growing a business is no small feat. Business growth requires dedication, innovation, and strategic financial planning. As business owners, start-ups, directors, and entrepreneurs seek to scale their operations, several pivotal financial areas must be addressed to ensure sustainable growth. As […]
Following Keir Starmer’s recent appointment as Prime Minister, we would like to provide you with a summary of the Labour Party’s main tax plans, which we are aware of. With so many claims and counterclaims made by all political parties in the run-up to the General election, it may be […]
ROBSON Laidler Accountants has scooped the ESG Impact Award at the North East Accountancy Awards 2024. Hot on the heels of being named one of the Best Places to Work in the Sunday Times, the accountancy and advisory firm, with offices in Newcastle and Durham, celebrates further success after […]
In an era marked by rapid change, small businesses across the UK are encountering a host of challenges, as well as many opportunities. From economic fluctuations to the imperative of digital transformation, the landscape of 2024 presents both obstacles and opportunities. Recognising the need for guidance and support, Robson Laidler’s […]
Robson Laidler Accountants has been named as one of the Best Places to Work in the UK for 2024 by The Sunday Times. With a team of 94 staff across its two offices in Jesmond and Chester le Street, the accountancy and business advisory firm made the list and is […]
As part of our commitment to keep you ‘in the know’ with changes in legislation that impact your business, here is an update under the Economic Crime and Corporate Transparency Act that states new rules for registered office addresses. It’s crucial for all companies to stay compliant with these new […]
How long do you need to keep business financial records? Ever wondered about the optimal duration to retain those crucial financial records? Well, according to HMRC regulations, businesses are advised to keep their financial records for a span of 6 years post the accounting year end. However, the importance of holding […]
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. Here’s a response from our Tax Consultant Kerrianne Naylor Wood: “For the last few years, the pre-Budget bombast and boom has vastly […]
Selling your business can be the largest financial decision that many entrepreneurs make. For many, the process can be daunting and complicated. Here are a few key points to consider when preparing your business for sale: Reliance on key staff Often a business may be very reliant on the owner. If […]