Hopefully you have now had time to read and digest the updates of the recent budget. Below, I’ve outlined some suggestions to assist you to ensure you continue to thrive through the upcoming changes: To ensure a strong start in 2025, we recommend reviewing your pricing and ensuring that each product or service contributes positively…
We are pleased to share with you a summary of today’s updates. Income tax Personal tax thresholds will increase in line with inflation from 2028/29 (frozen until then) No change to income tax rates Dividends No changes to the rates of dividend tax, or the tax free amount, which stands at £500 National insurance Employer’s…
Hear from our Managing Director about what sets us apart and how our new as well as existing clients can benefit from BellsFX. …. Looking for a transparent, ethical currency solution? Visit our website or get an appointment with our experts today! 5 Essential Questions with Our Managing Director 1. Why have you have set…
For any established organisation or a small start-up, cash flow and profit are two of the primary areas to understand your business’s health. These are key metrics that are often used interchangeably, but in reality, they represent different aspects of your company’s financial situation. For any company, grasping the concept of cash flow vs profit…
As the Bank of England continues to raise interest rates to combat inflation, businesses across the United Kingdom are grappling with the consequences of these policy decisions. As of mid-2023, the average interest rate on new business loans from banks had spiked from just over 2% in late 2021 to above 6%. From the cost…
Expanding your business requires a lot of financial planning, which could get overwhelming. Many entrepreneurs face the challenge of wanting to grow their ventures or personal savings but are held back due to inefficient financial strategies. We’ll look at practical advice in this article on raising capital for expansion while avoiding financial disaster. “Are you…
Creating a strong and unique brand is not just an added advantage but a necessity in today’s saturated business landscape. A well-crafted brand can set you apart from the competition, attract your potential customers, and build long-lasting loyalty. In this blog, we will look at some essential strategies to craft a brand that leaves a…
Running a small or medium-sized business is a constant juggling act. You’re passionate about your product or service but keeping a watchful eye on expenses can feel overwhelming. As a local Kent business ourselves, we’re invested in seeing our fellow entrepreneurs thrive. We’ve put together this guide to equip you with seven effective strategies for…
The six pillars of wellbeing are the most commonly referenced factors in ensuring employees are valued and retained. With work being such a common cause of stress and financial pressures mounting for many, it is vital that you know how to properly support your team with their needs. Job Security Recent years have seen even…
The core difference between a company director and company secretary is that a company director is always a legal requirement whereas a company secretary is only required for public limited companies and is optional for private ones. Their responsibilities also differ significantly. A director takes on more responsibility and accountability for the proper running of…