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How could new “open banking enhancements” benefit your business?

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Welcome to the Orchard Accountants blog. This is our hub of information where we will detail company developments as well as provide news and insight into the ever-changing world of finances and accounting. If you read something which strikes to your interest, and you’d like to learn more about a particular topic or service we provide, don’t hesitate to get in touch with us today.

How could new “open banking enhancements” benefit your business?

Your business could benefit from a new scheme being run by HM Revenue & Customs (HMRC).  (more…)

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Five strategies for leveraging financial forecasting

In the dynamic world of business, financial foresight is not just a luxury; it’s an essential ingredient for success. (more…)

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Chief UK economist warns of period of stagnation – How will this affect your SME?

Stagnation is a prolonged period of little or no growth in the economy and it can have a serious impact on your business. Whilst talking…

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Best practices for business and personal finances

Mixing personal and business finances is a common mistake that many entrepreneurs, freelancers, and small business owners make. (more…)

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Three things to consider when forecasting your finances as a small business owner

Forecasting is the act of looking at past and present financial data to predict future costs, expenses, and profits. Small businesses do this to tailor…

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Top tips for being a successful business owner amid financial challenges

Running a successful business in the UK is a challenging yet rewarding endeavour.   (more…)

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Understanding salary and dividend payments for business owners and directors

As an owner or director, it may be possible for you to pay less tax on your income from your company through dividends. (more…)

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Managing an Overdrawn Director’s Loan Account

Are you a company director contemplating a loan from your own business? If yes, it's crucial to understand the workings behind the Director's Loan Account…

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Hybrid company cars: What do you need to know?

With the sale of new petrol and diesel cars set to cease in 2030 and rising fuel costs, the demand for hybrid and electric cars…

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Major pension reforms sparks rethink for UK savers

Several significant changes were announced by the Government in the 2023 Spring Budget regarding the annual allowance and the lifetime allowance. (more…)

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