At the beginning of lockdown back in March this year, the government announced the Coronavirus Job Retention Scheme (CJRS). Its purpose was to support employers with the cost of wages at a time when businesses were forced to close or…

The Coronavirus pandemic has been incredibly costly for the government, with the Treasury suggesting the deficit could reach as high as £337billion by the end of the year. There has been much speculation about how the country can afford it…

Decisions, decisions. Let us at Neil Smith Accountancy guide you through this important decision, and figure out what’s the most optimal choice for you. What is a start up loan and how do I get started? There is a big…

Also known as a P&L, a profit and loss account is an essential tool when running a business and you’d struggle to maintain control of your finances without one. So, how can you build a profit and loss account in…

With the Coronavirus pandemic necessitating social distancing in order to stem its spread, employees working remotely has become a reality for many large and small businesses. Workers in the UK have been advised by the government to work from home…