Bank of England Cuts Interest Rates to 5%
On 1st August 2024, the Bank of England (BoE) announced a cut in interest rates from 5.25% to 5%. This decision marks the first rate drop since March 2020, as the economy grapples with post-pandemic recovery and inflation management. For small businesses, this rate...New Tax Rules for Non-UK Domiciled Individuals
The Government has recently unveiled significant changes to the taxation system for non-UK domiciled individuals, aiming to create a fairer and more competitive landscape. For small businesses in the UK, understanding these changes is crucial as they could impact...Why Sustainability and Environmental Responsibility Matter for Your Small Business
Sustainability isn’t just a buzzword—it’s a game-changer. For small businesses in the UK, embracing sustainable practices can bring numerous benefits. From cost savings to attracting eco-conscious customers, going green is a smart move. At Accounts Direct,...Is an Electric Car Right for My Small Business?
Switching to an electric vehicle (EV) for your small business is a significant decision, and it’s important to weigh the pros and cons before making the leap.