Hildreth Financial Management

Investing to beat inflation for the long-term Investing to beat inflation for the long-term

Boosting your pension pot before tax year-end Boosting your pension pot before tax year-end

Improve your financial wellbeing – five top New Year’s resolutions Improve your financial wellbeing – five top New Year’s resolutions

- Improving business resilience allows companies to take advantage of growth opportunities, as well as withstand adverse events such as losing a key client or supplier.

- Attributes of a resilient business include having positive cash flow and strong reserves; a diverse mix of customers, products and suppliers; and contingency plans in place.

- Keeping a risk register helps you to understand the potential threats to your business, the likelihood of them happening and how you would respond. You can model your strategy against these risks to test how your business would fare.

Seven tips for growing firms to improve business resilience Seven tips for growing firms to improve business resilience

Following the rise in corporation tax for some firms in April 2023, it’s all the more important to understand which business expenses are tax deductible. But it can be confusing.

There are tax incentives for businesses to invest in research and development (R&D), as well as allowances to invest in capital expenses such as equipment or machinery.

Practical information and expert advice can help you make sense of expenses and tax reliefs available to your business.

As a start-up, knowing what expenses can be tax-deductible will help boost your cash flow significantly. Plus, with the corporation tax rate increasing for some firms – to as much as 25% – many business owners will be looking for legitimate ways of reducing their taxable profits.

Top misunderstandings about tax-deductible expenses Top misunderstandings about tax-deductible expenses