Articles
Everything You Need to Know About the New Law on Tipping
Whilst acting as a part time Finance Director or interim Finance Director, we try to keep you informed of issues within companies that you should be aware of. A change in the law specific to the service industry could be of interest to you next...
How to Prepare for a Financial Audit
Many years ago, audits were common place for all companies but over the years the burden on small companies has been reduced with audits now focused on larger companies. However, as a part time Finance Director or interim Finance Director we have seen companies that...
Arup Falls Victim to Sophisticated Scam in Hong Kong Office
When appointed as a part time Finance Director or interim Finance Director, one of the early things we look at is control over the payments systems. We came across this article and were amazed where scams were moving to. We thought it would be of...
Identifying and Managing Financial Risks in Your Business
It is essential that a business should identify and manage financial risks. We often find that businesses are not aware of the financial risks and so cannot manage them. Our part time Finance Director or interim Finance Director services can help you to identify and...
New Employment Rights Bill puts focus on rights during early months of a job
As a part time Finance Director or interim Finance Director, it is important to be aware of recent changes in law regarding employment rights. Even if the company has an HR director you should still check that the board are aware of these important changes....
Tips for Managing Company Finances in a Crisis
In our role as part time Finance Directors or interim Finance Directors, we have been praised and are well known for taking companies who are in crisis with poor financial records and turning them around. In times of financial uncertainty, managing finances can be daunting....
Understanding Good Debt vs Bad Debt
Debt is a common aspect of financial management, but not all debt is created equal. Distinguishing between good debt and bad debt is essential for making strategic financial decisions that support long-term business growth. In this blog, we’ll explore the key differences and how businesses...
Pension Savings – Mitigating Inheritance Tax
Currently, savings held in registered pension schemes are excluded from the estate when calculating Inheritance Tax (“IHT”). From 6 April 2027, with some exceptions, these pension savings will be included in the value of an individual’s estate and will be taxed at the IHT rate...
End Of Tax Year Planning 2025
One way as Profit Consultants is to pay as minimal tax as you legally can. The current tax year that ends on the 5th April 2025 is right around the corner and this document outlines the main things that you should consider to ensure that...
Tax Tips for Couples This Valentine’s Day: Smart Ways to Save
As a profit consultant we are always looking to save money and with Valentines Day we thought how can we help couples. This Valentine’s Day, why not show your love for both your partner and your finances? Couples can take advantage of several tax strategies...