Elevate Your Finances: Unleashing the Power of Accounting

In the dynamic world of business, the backbone of success often lies in meticulous financial management. For entrepreneurs, startups, and established companies alike, partnering with the right accountancy business is the key to unlocking a pathway to financial excellence. Join us on a journey to discover how Linguards stands out as the catalyst for transforming your financial landscape.

• Tailored Solutions for Every Business:

At Linguards, we understand that each business is unique, and one-size-fits-all solutions just won't cut it. Our team of seasoned experts is committed to delivering personalized financial strategies that align with your specific goals, ensuring that your business thrives in its own distinctive way.

• Expertise Across Industries:

Whether you're in the tech sector, creative industries, manufacturing, or any other field, our versatile team boasts expertise across a wide range of industries. This means that we speak your language, understand your challenges, and can provide insights and solutions that are tailor-made for your industry's nuances.

• Harnessing the Power of Technology:

In a world driven by innovation, we recognize the importance of staying ahead of the curve. Linguards integrates cutting-edge technology to streamline financial processes, enhance efficiency, and provide you with real-time insights. Our commitment to technological advancement ensures that your financial management is not only accurate but also future-ready. Especially with the Government’s upcoming introduction of Making Tax Digital!

• Transparent Communication:

We believe that effective communication is the cornerstone of a successful client-accountant relationship. At Linguards, transparency is more than a buzzword – it's a commitment! We keep you informed every step of the way, ensuring that you have a clear understanding of your financial standing and are equipped to make informed decisions.

• Compliance and Security:

Trust is non-negotiable when it comes to financial matters. Rest assured, Linguards is dedicated to the highest standards of compliance and security. We navigate the intricate web of financial regulations on your behalf, safeguarding your sensitive information and ensuring that your business remains on the right side of the law.

• Beyond Number Crunching:

While we excel at number crunching, our services extend far beyond traditional accountancy. Linguards are your strategic partners in financial planning, tax optimization, and business growth. We don't just manage your finances; we empower you with the knowledge and insights needed to propel your business forward.

• Client Success Stories:

The true measure of our success lies in the success stories of our clients. Explore testimonials from businesses like yours that have experienced the transformative impact of partnering with Linguards. Discover how we have helped them overcome financial challenges and achieve new heights of prosperity.

In the intricate dance of business, financial management is your secret weapon. At Linguards, we invite you to unleash the power of precision, expertise, and personalized service. Elevate your finances, propel your business forward, and embark on a journey of sustainable financial success with. Contact us today and let's chart a course to prosperity together!

UK Autumn Budget 2023

As the leaves fall and the temperature drops, the UK government releases its Autumn Statement, outlining the economic roadmap for the upcoming fiscal year. For small businesses, staying informed about the changes announced in the Autumn Statement is crucial for effective financial planning and compliance. In this blog post, we'll delve into key highlights from the 2023 UK Autumn Statement and explore the implications for business owners and self-employed individuals.

What was Included?

The Autumn Statement typically brings forth changes in taxation policies, affecting businesses of all sizes. This year, the Chancellor has decided to cut national insurance paid by workers and the self-employed. Furthermore, the government have increased the legal minimum wage to £11.44 from April 2024. An increase of 9.8%.

The government have also agreed to increase benefit payments in line with inflation, however, the rules for some claimants are being tightened to incentivise people back into work. The state pension will be increased by 8.5% next year, in line with average earnings.

The Chancellor revealed that full expensing will be made permanent for businesses, allowing them to fully offset investment in equpment and machinery against corporation tax. In addition, business rate releif will be extended to and welcomed by many small businesses.

How does this affect me?

Regardless of the size of your business, whether you are self-employed or running a limited company, the budget will likely have some effect on your business. We have summarised some of the key points below:

• National Insurance Cuts

  The main rate for employees will be cut from 12% to 10% from 6 January.

  It is currently charged at 12% on earnings between £12,571 and £50,271 - and 2% on anything above that.

  Abolishment of NI for self-employed people earning more than £12,570 from April, with 8% to be paid on profits between £12,570 and £50,270 - a 1% cut

• Increase to Minimum Wage

  Legal minimum wage - known officially as the National Living Wage - to increase from £10.42 to £11.44 an hour from April. The government have also extended this to 21-22 year old workers.

• Business Rates and Expenses

  "Full expensing" tax break - allowing companies to deduct spending on new machinery and equipment from profits - made permanent

  The 75% business rates discount for retail, hospitality and leisure firms extended for another year