business

Three new services to protect your business

  • Posted on: 4 November 2020
  • By: ali

Over the years I have constantly looked at ways to enhance and improve the service we offer here at Fiscal Business Solutions. This year particularly, I've considered how we can better protect your business, with services complementary to our core offering of bookkeeping and management accounts.

The three services I'm about to describe, I believe, can put a protective fence around your business, ensuring you are doing business with the right people, not giving too much credit, and with both legal and practical solutions if you ever need them.

COVID-19 update on new measures to help businesses through the winter

  • Posted on: 1 October 2020
  • By: ali

In recent weeks I’ve spoken to many business owners who are keen to make sure they get the appropriate support during these unprecedented times. One of the most common questions I am asked is around will the Coronavirus / Covid-19 Job Retention Scheme continue, or will there be anything to replace it?

October 2020 is the last month under the furlough government Contributions – Job Retention Scheme. Wage caps are proportional to the hours not worked.

Furlough Government Contribution Wages (CJRS):
60% up to a cap of £1,875 in October 2020

How do I account for the Business Bounce Back Loan i receied?

  • Posted on: 28 July 2020
  • By: ali

The Bounce Back Loan Scheme has been a success in providing firms with vital government-backed loans at a low, affordable rate and with no interest or repayments due in the first year. Many business owners have applied and received loans of up to £50,000 to help them through the pandemic

One of the most common questions I am asked is ‘how do I account for the Business Bounce Back Loan I received? Here is what you need to know, but please get in touch as it is vitally important to get it right.

What is Cash Flow and why is it important to your business?

  • Posted on: 13 September 2019
  • By: ali

Cash flow is the money that moves within your business each month – into and out of your bank accounts. It includes the money paid to you by clients/customers and the expenditure that your business needs to pay out on and is very important to the future of your company.