For our next Client Feature, I spoke to Julia Grant, owner of Winter’s Moon, which is an independent gift and homewares shop, selling beautiful and unique products in Chichester city centre. Tell us a little bit about your business – when it started etc: Winter’s Moon sells a range of vintage, fairtrade, and handmade homewares
The second round of Chichester District Council’s Enabling Grant will be open for applications on Wednesday 22 September. The Enabling Grant Program was designed to help improve the efficiency of independent local businesses, to maximise the potential for growth and to assist new businesses with start-up costs. Applicants who meet the eligibility criteria can apply
Earlier this month, the UK government announced a new plan for health and social care, which includes a temporary increase to National Insurance contributions, before the introduction of a separate Health and Social Care Levy. The changes are estimated to raise £36bn over the next three years and will be used to help with social
In the 2021 Spring Budget, the Chancellor announced a number of significant changes to the Capital Allowance system and the introduction of a super-deduction tax break. From 1 April 2021 until 31 March 2023, companies investing in qualifying new plant and machinery assets will be able to claim: This super-deduction will allow companies to potentially
Obtaining new customers is great for business unless they fail to pay you. This can be stressful, frustrating and put a great deal of pressure on business owners. That’s where credit control comes in. If payment from the customer is not obtained and the goods or services have already been provided, your cash flow is
A business plan is the key to success when starting a new business. The plan will help outline what the market opportunity is, what makes your business unique, and how you will make the business successful. It is one of the most important aspects of starting a new business, particularly if you need finance, as
For our next Client Feature, I spoke to Simon Cook, Club Secretary of Bognor Regis Town Football Club, who have been one of our clients for many years, all about his role with the club, what impact the pandemic has had, and what the future looks like for BRTFC. Tell us a little bit about
One of the most commonly asked questions we hear, is what accounting records a business must keep, and for how long. This is not surprising, as record-keeping can represent a significant administrative burden with associated costs. It can also arise in penalties from HMRC should a business fail to keep the records that it is
If you make supplies of goods or services to a customer but were not paid, you may be able to claim Bad Debt Relief from VAT on bad debts you have incurred. Bad Debt Relief allows businesses who have made supplies that they have accounted for and paid VAT on, but have not received payment,
With the end of the Coronavirus Job Retention Scheme (CJRS) nearing and many employees set to return from furlough, some businesses are left with tough decisions to make on whether they can afford to keep staff on, or whether they will need to consider redundancy as an option. The Coronavirus Job Retention Scheme (CJRS), which
A dividend is a payment a company can make to shareholders if it has made a profit. This profit is what remains in the business once all taxes, expenses and liabilities have been paid. Who can be paid a dividend? When you start a business, you will need to appoint shareholders and assign shares. You
We are delighted to announce that Blue Spire Chartered Accountants have been carefully selected to join the reputable Handpicked Accountants online platform. Handpicked Accountants power an extensive network comprising UK’s highest-performing accountants, from independent accountancy providers to well-known market leaders. At Blue Spire, we take pride in delivering a straightforward service delivered by our expert
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