How a Statutory Audit Can Fuel Business Growth
In the business landscape, statutory audits often carry the weight of compliance, but beneath the surface lies a potent driver of growth. Let’s explore how a thorough statutory audit goes beyond mere regulatory adherence to positively impact financial health, operational efficiency, and long-term prosperity. 1. Financial Health Turbocharged: Far from a routine exercise, a statutory […]
Statutory Audits: Unleashing Strategic Advantages for Excellence
In today’s dynamic business landscape, statutory audits have transcended their traditional role as mere compliance measures, emerging as pivotal instruments that catalyse success on multiple fronts. Delving deeper into how organisations harness the power of audit insights unveils a realm where efficiency, strategic decision-making, and stakeholder trust converge to propel businesses towards unparalleled achievements. Expanding […]
Navigating the Maze: A Comprehensive Guide to Statutory Audits for Businesses
In the dynamic world of business, statutory audits have evolved from mere compliance obligations into invaluable tools for financial transparency, risk mitigation, and strategic decision-making. For companies preparing to embark on the statutory audit journey, understanding the process is crucial. In this comprehensive guide, we break down the maze of statutory audits, providing a roadmap […]
HMRC write off £4.3bn in Covid payments lost to fraud
HMRC are expecting to recover £1 of every £4 stolen from the public purse by fraudsters during the pandemic. In figures published last week a total of £4.3 billion has been written off. This represents c74% of the total £5.8 billion that was stolen from its emergency Covid-19 schemes that supported swathes of the workforce […]
Autumn Budget 2021 – Budget Brochure
Autumn Budget 2021 – Budget Brochure The Chancellors autumn budget was released on Wednesday 27 October 2021. Whilst a lot of the budget was known before the official announcement there was a lot more detail released on the day. It remains to be seen how the country will financially recover from the Coronavirus pandemic, but […]
COVID-19: Chancellor announces ‘Winter Measures’ support package
Rishi Sunak has today announced his ‘Winter Measures’ support package to help businesses, employees and individuals through the ongoing troubles of the global COVID-19 pandemic. The Chancellor announced a package of measures that includes a new Jobs Support Scheme, extending the Self Employment Income Support Scheme and 15% VAT cut for the hospitality and tourism […]
Coronavirus (COVID-19) Business Interruption Loan Scheme Guidance
Further to our Government Support guide the British Business Bank have now issued their guidance as to eligibility criteria for businesses wishing to access the Coronavirus Business Interruption Loan Scheme (CBILS) as follows: The British Business Bank qualifying criteria for the loan scheme mean businesses must: • Be UK based, with turnover of no more […]