21 tips for 2021

Planning for a better future

Now, for tomorrow

As the clock chimed midnight on 31 December 2019 and we hugged, yes hugged, our family and friends and wished them a Happy New Year little did we know what 2020 would bring.

We had no knowledge that in 2021 we would learn a whole new vocabulary. Coronavirus, lockdown, furlough and social distancing were soon to become all too familiar terms. As for Zoom? Well that was previously a 1980s classic tune by Fat Larry’s band!

In this review we look back at last year and also look forward to 2021, we share some of our best insight articles, videos, factsheets, reports and publications from 2020 and mix and match these with some great fresh content. All of our articles have one thing in common – planning for a better future. Now, for Tomorrow.

Looking after your mental health

Taking care of your mind as well as your body is always important but now, more than ever, it is essential.
We set out some tips to help and support you, your team and your family and friends during this time.

Building financial resilience

Back to basics became a key personal finance theme in 2020 and continues on into 2021. The economic impact of the pandemic has clearly resulted in many people’s finances becoming severely stretched. Read our tips on becoming more financially resilient.

EMI share option schemes

In difficult times it is important to consider the need to retain key value-generating employees that are critical to the survival and future success of a company. EMI schemes offer flexibility and for key employees are a great alternative to a bonus or a pay rise.

The impact of Covid on the world of work

A recent IMF report has concluded that the impact of Covid on the world of work is that it has accelerated existing waves of change which were moving through societies and the businesses which operate in them. How can you ensure these changes benefit your business?

Are changes to Capital Gains Tax (CGT) coming?

The Office for Tax Simplification has suggested some changes to CGT. If you are considering selling an asset, gifting a business asset, making a gift to a trust or carrying out IHT planning in the near future, it may be worth completing transactions sooner rather than later.

Our top tips on planning for retirement

Most of us will be looking forward to the day when we can stop work, retire and enjoy the lifestyle that we had hoped for. It does not matter if you are just starting out, have been working for some time or are approaching retirement we have some top tips to help you plan.

How can I attract and retain the best people?

As the pace of life moves faster and faster the demands on our time continue to increase. Many employees are now turning to their employer to help them manage their work-life balance.

How to manage cash flow in a small business

We help start-ups and small businesses to understand and manage their cash flow to their best advantage. Here are our 5 top tips to help you keep on top of your cash management.

Managing the art of good listening

Listening to your clients and customers is a key skill in business but can you really claim to be a good listener? Our podcast has useful tips to help you improve your listening skills.

Protect your investment portfolio

The pandemic has placed immense pressure on financial markets across the globe. Markets hate uncertainty and, in recent months, that has been one commodity not in short supply. Read our advice on how to protect your investments.

Year End Tax Planning Guide 2021

Our national tax team have worked together to create a handy Year End Tax Planning Guide, which is available for you to download for free. The guide is for individuals and companies and summarises some key tax and financial planning tips.

How hard are your cash deposits working?

Many of us know we should be looking at our cash deposits and switching them to a more competitive deal. Yet in reality many of us never get round to it due to the perceived hassle or because we think that the rates elsewhere are no better.

Taking advantage of digital solutions

In this insight post we set out ways to help you get the most out of your current bookkeeping software to help improve accuracy and efficiency.

Benefits of carbon and energy reporting

Quoted companies have been required to report on energy and carbon usage since 2013, but now large unquoted companies are also required to report on their carbon and energy use in the director’s report of their financial statements. Our latest insight helps turn this into a opportunity to tell positive stories and make operational changes.

Business Protection: Tax efficient life cover

Although state benefits provide some support, few families want to rely on the state to maintain their standard of living. It is therefore crucial to keep abreast of the level of your insurance cover. Our insight look at the different types of protection a business owner should consider.

Changes to the Annual Investment Allowance

The temporary increase in the Annual Investment Allowance (AIA) limit to £1,000,000 has been extended to 31 December 2021. Our insight provides what is AIA and what changes have been made.

Agriculture & Rural Business Newsletter

For most people 2020 will be remembered as the year of Covid 19, lockdowns, furloughing and in some cases, acute financial hardship. For the agricultural sector, it may, in the long term, end up being equally memorable but perhaps for different reasons.

Global event: In pursuit of tomorrow

As we emerge from 2020, a year which has shaken the global economy to its core and forced a reset of norms, how do we prepare to pursue tomorrow? Attend our global event with Kevin Gaskell, former CEO of Porsche, Lamborghini and BMW for advice and tips.

Coronavirus Business Interruption Loan Scheme (CBILS) FAQs

Our corporate finance team has been supporting clients in their CBILS applications ever since the scheme was announced. They have created a handy fact sheet setting out the answers to the most frequently asked questions about the scheme prior to it drawing to a close at the end of March.

Off Payroll Workers – Time to review existing arrangements

Major employment tax changes are coming into force soon and will affect any medium or large-sized businesses who engage individuals via personal service companies. In our webinar on 25 February MHA IR35 specialists will set out what you should be doing now to ensure that your business is compliant from 6 April 2021.

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