As an employer or director, you might want to show appreciation to your team or treat yourself with a little something now and then. But did you know there’s a way to provide small, tax-free perks without triggering a tax liability? Trivial benefits are a great way to do just that. Here’s a straightforward guide…
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As Christmas approaches, many businesses are gearing up for their annual staff Christmas party. While it’s a great way to reward your team and celebrate the year, there are a few tax implications to keep in mind to ensure your party doesn’t come with an unexpected bill. Here’s a straightforward guide to help you understand…
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Over the years, as an accountant specialising in the care sector, I’ve often pondered the broader business advice landscape. There’s a lot of buzz in the accounting world about providing more than just compliance work—offering business growth services, strategic advice, and being that all-encompassing advisor that helps clients not just survive but thrive. But here’s…
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Today, I’m diving into the exciting world of technology in the care sector. If you’re running a foster agency, child nursery, or care home, let’s explore how tech, especially Artificial Intelligence (AI), can make your life easier and, most importantly, improve the care you provide. The Rise of Digital Tools in Care Gone are the…
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Your work is not just a job; it’s a mission to provide care and support for the most vulnerable in our society. Managing the financial aspects can be challenging, but with the right approach, it becomes much more manageable. 1. Budgeting for Stability First things first – let’s talk about budgeting. A solid budget is…
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In the world of social care, passion is the fuel that powers our mission. It’s what drives us to provide exceptional care, support vulnerable individuals, and make a tangible difference in people’s lives. However, for care businesses to sustain and expand their impact, balancing this passion with profitability is essential. But how can you ensure…
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In the world of care – whether it’s foster care agencies, child nurseries, care homes or any business where you are trying to help others- the focus should always be on providing top-notch care services. However, the administrative side, particularly managing finances, can often become overwhelming and time-consuming, taking away from the core mission of…
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In the care industry, where margins can often be tight and the focus on quality care is paramount, finding ways to control costs without compromising the quality of service is a critical challenge. This blog post will delve into effective cost-control strategies that care businesses can implement to ensure financial health while maintaining, or even…
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The care industry plays a crucial role in society, providing essential services to those who need them the most. However, running a care business comes with its unique set of financial challenges, particularly in the current economic climate. One of the key strategies to overcome these challenges and secure the future of your care business…
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If you run a business in the care arena, something like a foster care agency, child nursery, alternative education provision, care home you are faced with some unique business challenges. Having someone in your corner who shares your passion rather than someone who just prepares figures after the event can be a real godsend. So…
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