Knowledge

Here is a selection of knowledge articles from Lovewell Blake, click through to find out more

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Redundancy

In-depth guide
3 min read

Businesses may find themselves in the position where there is no option but to make redundancies, our team can help guide you through the process.

picture of a man who is stressed

The cost of conflict and how to combat it

In-depth guide
3 min read

There is nothing like a global pandemic to create conflict in a workplace, views on the virus itself, vaccinations and returning to the workplace has created polar opposite views amongst employees and employers are having to do all they can to balance these views and keep things ticking over.

Claire Moore, HR Adviser

The risk of refusing flexible working requests

In-depth guide
3 min read

Flexible working requests have hit a new time high following the success stories of working from home in the height of the pandemic.

Nathan Bowden

5 Tips for using Xero software

In-depth guide
3 min read

With more and more people making the move to Xero, here are our top 5 tips for getting the most out of your software.

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Accounting record keeping for small businesses

In-depth guide
3 min read
Leigh Thurston, Partner at Lovewell Blake

Holding Companies

In-depth guide
4 min read

Holding companies are a useful tool in a corporate entity that can be used for a various range of planning activities.

Women Using a calculator

Basis period reform – options for estimating your income

In-depth guide
4 min read

One of the results of basis period reform, which is due to take effect from 6 April 2024, is that unless your business does not have an accounting period between 31 March and 5 April, you will have to apportion the results of two sets of accounts to work out taxable profits for the year.

Shaun Davison

Tax-deductible expenses for unincorporated trading businesses

In-depth guide
7 min read

As the owner of an unincorporated business, be it as a sole trader or in a partnership, a key step in determining your profit or loss is calculating the amount of allowable expenses that you have incurred over the year. These expenses can be deducted from your gross income (turnover) to determine whether you have made a profit (which may be charged to income tax and national insurance) or a loss (which may attract relief in a variety of forms).

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