Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! enquiries@shaikhfinancing.com Maximise the profits in your business When it comes to growing a business, many people focus on increasing sales. But…
HMRC Releases Transformation Roadmap On 21 July 2025, HM Revenue & Customs (HMRC) announced its Transformation Roadmap – a plan to modernise the UK’s tax and customs systems by 2030. HMRC have said that the aim of the Transformation Roadmap is to make the tax administration system more automated, more focused on self-service and better…
UK Economy: Growth Falters, Inflation Rises – Practical Takeaways for Business Owners Business owners across the UK are facing an increasingly complex economic picture. Inflation has crept up again and recent figures show the economy has contracted for two months in a row. So, what’s really going on – and what should you be doing…
Where Did the Money Go? If you’ve ever reached the end of a busy month wondering where your profits have gone, you’re not alone. For many small business owners, cash seems to disappear faster than it arrives. While sales are important, its cash flow – the money coming in and going out – that keeps…
Government Unveils Roadmap for Employment Rights Bill Following publication of the Employment Rights Bill in October 2024, the government has published a comprehensive implementation roadmap. The roadmap outlines a phased timeline for one of the most significant overhauls of UK employment law in decades. Aimed at raising living standards and strengthening workplace protections, it’s estimated…
Government Targets £7.5 Billion in Unpaid Tax – Focus on Business Compliance The government has announced plans to raise an additional £7.5 billion by stepping up efforts to close the tax gap – the difference between the tax HMRC expects to collect and what is actually paid. Figures published on 19 June show that £46.8…
Welcome to our round up of the latest business news for our clients. Please contact us if you want to talk about how these updates affect your business. We are here to support you! enquiries@shaikhfinancing.com Should You Own a Property Through a Company – or Personally? If you’re considering buying a property, especially as…
Spending Review 2025: Takeaway Points for Your Business Last week, the Chancellor unveiled her Spending Review setting out how government departments will allocate money over the coming years. While much of the focus was on large-scale public services like the NHS and schools, there are some important signals here for businesses to take note of…
Named and Shamed: Employers Failing to Pay Minimum Wage In its latest round of investigations, HM Revenue and Customs (HMRC) have named 518 employers who have failed to pay the National Living or National Minimum Wage correctly to their staff. A total of £7.4 million will be paid by these employers to almost 60,000 workers….
When is Diversification a Good Business Strategy? It’s long been said that putting all your eggs in one basket is risky. Many small business owners may fear that risk of becoming a reality. Take the UK’s farming sector as an example. Faced with extreme weather, policy shifts and volatile prices, farmers have increasingly turned to…