HMRC are moving to a regime of enforced electronic record-keeping and quarterly submission of financial updates, as part of their drive to Make Tax Digital. It’s relatively early days but we are encouraging businesses and individuals to become aware of the changes and how it may impact on them, and take steps to minimise disruption…

You can be profitable and still be bankrupt. Unfortunately, for millions of small- and medium-sized businesses, there is no bailout or rescue plan if you run your accounts down to £0 while still owing money, no matter how profitable you are. Planning and monitoring your cash flow is the only way to be successful and…