Category Archives: Business

‘Coronavirus Job Retention Scheme’ (CJRS) Coming to an End

Coronavirus Job Retention Scheme

The Coronavirus Job Retention Scheme (CJRS) which has supported many employers since March 2020, will come to an end on 30 September 2021.   Considerations to prepare for the CJRS end   CJRS claims for September must be submitted to HM Revenue & Customs by 14 October 2021 and any […]

What data does my payroll team need?

Why does my payroll team need so much data

To celebrate National Payroll Week, Robson Laidler’s Payroll team are running a series of blog posts to help people understand more about the professional and what’s involved from an employers and employee’s perspective. It can’t be that complicated, can it?   Just give me your sort code and account number, […]

National Payroll Week – payroll as a profession

National Payroll Week

If you are looking for a new career in a professional financial environment you may be interested in learning more about payroll. Likewise if you are a business owner and / or just about to take on staff you may be interested to learn more about what’s involved in payroll […]

When should I start planning my retirement?

planning retirement

Whether you are a busy professional, medic or business owner, the simple answer to the question, “when should I start planning my retirement?” is – now! It’s never too early. If you organise your life now you will minimise stress for yourself and your family in future.   Holiday season […]

What is the difference between profit and cash?

profit versus cash

When you are running a business it’s easy to confuse cashflow with profit. After all both could be considered to indicate that you’re making money, so what exactly is the difference between the two? Profit Profit looks at the total financial gain (or loss) that a business experiences over a […]

Hospitality sector – promote advance payments for Christmas parties now!

Christmas party VAT

To those of you in the hospitality and tourism sector, you have been enjoying a reduced rate of VAT (5%) since 12 July 2020. This reduced rate applies to most supplies made by hotels, tourist attractions, members’ clubs and most places that host events. It also applies to the food […]

How to truly achieve life balance?

Life Balance

Work – life balance – work to live or live to work? It’s an increasingly hot topic of late as working from home, flexible and agile working becomes more the norm. Many would think this would facilitate a balance; however, some people still find that when they are at home […]

Business Fraud – surely fraud wont happen to my business?

business fraud

There is an increasing amount of damage caused by fraud in the business world. It is easy to perceive this as a risk that just affects larger organisations or that it simply ‘won’t happen to a business’ like ours. These assumptions are dangerous and can post great risk if adequate […]

Looking for an R&D advisor? Here’s 5 recommendations

R&D advisor

The landscape of Research and Development tax incentives has changed significantly over recent times, with HMRC recommitting itself to reducing the loss in tax revenues due to fraudulent or erroneous claims (currently estimated at around £311m per year by the National Audit Office). HMRC has already taken steps to reduce […]

How do I know how much profit my business is making?

profit in a business

A common issue in business occurs when business owners don’t fully understand how profit their business is generating.   The Importance of understanding profitability: Financing – Understanding business profitability is important as profits influence financing decisions such as obtaining loans from banks. Dividends– Profitability is also important when extracting dividends […]