Blog

Practical steps to protect against business fraud

Business fraud is real, common and becoming increasingly less obvious to spot. This is an example of a fraudulent invoice I received a few years ago when I first started out in business. I did not make the payment as I quickly realised that the invoice...

Taking on your first employees

Taking on your first employee can be daunting, but is a task that must be overcome for businesses that have ambition to grow. Hiring employees will allow you to be able to focus on what you are best at, as opposed to being a generalist...

R&D tax relief guide
R&D Tax Credits: How can tech startups claim them?

Research & Development (R&D) tax credits were first introduced in 2000 (for SMEs) and 2002 for larger companies.  The scheme is hugely popular (recent stats reveal that HMRC currently pay out £1.8bn of R&D tax credits to SMEs annually), due to being a generous and effective...

start ups
Client Case Study – Loveshark

Loveshark is an innovative UK based social augmented reality (an interactive experience of a real-world environment) games company, who describe themselves as “making camera games for Generation Z.” The company, founded by Tara Reddy and Sam Weekes in 2018, have been working with Barnes & Scott...

Video Games Tax Relief
What Is Video Games Tax Relief?

Video Games Tax Relief (VGTR) was introduced by the government in 2014, in recognition of the value it creates to the economy.  Data from HMRC released in 2018 shows that the scheme has paid out £230 million to claimants to date.   The sector is worth...

The five stages of small business development

Back in 1983, the iconic Harvard Business Review published the five developmental stages that still apply to start-ups over 35 years later. Whether your company is launching a new app with minimal staff and infrastructure to consider, or a day-care nursery with over ten employees...

capital allowances
Should I buy a Tesla?

This is a question I have been getting a lot from clients recently so I thought it would be worth looking at this in detail and mapping out some figures. The answer (as you would typically expect to receive from an accountant) is… MAYBE. Read below...

Don’t let Brexit distract you from MTD
Don’t let Brexit distract you from MTD

Two of the hottest topics for accountants in recent times have been Brexit and Making Tax Digital (MTD). Both have resulted in plenty of questions - and not a lot of answers. We’ve been asked quite often by our clients about the impact of Brexit...

start up apps to use
The 7 apps for highly effective start-ups

2019 is already flying by and festive celebrations are feeling a little more distant every day. As we get settle into a year of new opportunities, it’s time to ask the question: Did you set any resolutions and have you kept up with them? In...