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Corporate tax planning: what it is, why it matters, and how it can support your businessWritten on October 14, 2026 by Kirk Rice LLP
Key points: Proactive corporate tax planning integrates tax considerations into your commercial strategy, moving beyond simple year-end compliance. A holistic approach considers the full tax landscape, including Corporation Tax, VAT, employment taxes, and investment reliefs, to optimise your overall position. Regular reviews are essential to adapt your tax strategy to business growth, changes in legislation, […]
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VAT Compliance: What Every SME Should KnowWritten on October 7, 2026 by Jonathan Swarbrick
VAT is often described as a simple tax, but the reality for many businesses is very different. Multiple VAT rates, special schemes, international trading rules and digital record-keeping requirements mean that errors can arise even where a business is trying to comply. For many SMEs, VAT is one of the largest liabilities on the balance […]
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Payroll – Should You Outsource?Written on October 1, 2026 by Kirk Rice LLP
Payroll outsourcing means that businesses choose to hire a specialist external company to handle their payroll function to save them time and money, gain efficiencies and ensure compliance. There are many benefits of payroll outsourcing including: Time saving If you handle it in-house, you know that it requires a lot of time and attention to […]
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The Importance of Regular Management Accounts for Business SuccessWritten on September 28, 2026 by Kirk Rice LLP
As a business owner, making informed decisions is crucial to the growth and success of your business. One of the most powerful tools available to you in achieving this is regular management accounts. These are detailed financial reports that provide a snapshot of your business’s financial health, offering invaluable insights into performance, profitability, and […]
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What is transfer pricing? How it works and the UK rules explainedWritten on September 27, 2026 by Kirk Rice LLP
Transfer pricing refers to how prices are set for transactions between connected companies, particularly within international groups. UK transfer pricing rules require transactions between related parties to be priced as if they were agreed between independent businesses. The rules can apply to both cross-border and, in some cases, UK-to-UK transactions depending on the circumstances. Getting […]
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Tax deductions for small business ownersWritten on June 30, 2026 by Kirk Rice LLP
Key points Understanding the tax deductions available to your business may help improve cash flow, reduce taxable profits, and support future investment. Capital allowances, pension contributions and everyday business expenses remain some of the most valuable areas to review. Eligibility depends on your business structure, the type of expenditure and the relevant tax rules. Accurate bookkeeping and proactive tax planning may […]
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How to Manage When Your Finance Leader LeavesWritten on June 24, 2026 by Kirk Rice LLP
Key Points Losing a finance leader without warning can disrupt reporting deadlines and unsettle the team. This blog shows how to maintain stability while recruiting. Interim finance directors or controllers (FD or FC) often provide more immediate structure, keep compliance on track, and steady staff confidence. Practical steps such as prioritising deadlines and engaging interim […]
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Case Study: Successful due diligence & ongoing outsourcing for an architect firmWritten on June 5, 2026 by Kirk Rice LLP
Key Points Kirk Rice carried out financial and tax due diligence for the sale of an internationally renowned specialist architect and engineering firm using existing reporting information. We created several new reports and processes for the purpose of the sale. Kirk Rice designed custom profit and loss reports to provide our client with a clear […]
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5 Essential Tax Questions for Business OwnersWritten on June 4, 2026 by Alex Taylor
1. Capital Allowances – Annual Investment Allowance and Full Expensing All businesses have expenditure which is either revenue or capital in nature. Revenue is something that is immediately consumed such as a telephone bill. Capital items are where the business derives a benefit over several years. For instance, this could be the purchase of a […]
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Streamlining Your Businesses Accounting Processes for Speed and AccuracyWritten on April 28, 2026 by Kirk Rice LLP
If your accounting processes feel inefficient or inconsistent, it may be time for a financial processes review. Streamlining how your finance function operates can bring back the speed and accuracy your business needs to make confident, timely decisions. In summary, here’s what to do if your accounting processes are slowing your business down: Recognise where […]
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