Isosceles News
R&D Tax Relief: Don’t miss this valuable source of funds
Cash flow management is crucial during this challenging time; if your business incurs R&D expenditure, you may be able to reduce your corporate tax bill. R&D Tax Relief allows eligible profitable and loss-making small and medium-sized enterprises (SMEs) to claim relief of around 20% of qualifying R&D expenditure. The R&D tax relief scheme underwent a significant overhaul in 2024. Related Article | R&D tax relief has changed: What does this … Continue reading
How to minimise the cost of your finance function
Follow us on LinkedIn, Instagram, and Twitter. An in-house finance function is a fixed cost and a liability for growing companies, particularly during economic turbulence. When sales are unpredictable, and cash flow is constrained, identifying opportunities to minimise the cost of your finance function is a good way to maximise an early-stage business’ likelihood of surviving. This blog discusses the benefits of outsourcing some or all the finance function and … Continue reading
Can Insolvency Practitioners save companies from insolvency?
It’s a well-known fact that most companies facing insolvency call in an insolvency specialist too late; when it’s time to turn off the lights and hand in the keys. Had they called a specialist earlier, at the first hint of financial distress, the outcome could have been different, and the business could now be thriving. Every business, no matter its size or sector, will, at some point, experience stress. In … Continue reading
How to manage cash flow during economic turbulence
Whilst the UK economy bounced back from the impact of COVID-19, we now find ourselves in deeper economic waters. In this article, we offer leaders of scaling businesses, understandably concerned about the impact of current economic conditions and changes in the complexion of the trading environment, pragmatic advice on managing cash flow and working capital to safeguard their companies. Don’t forget to follow us on LinkedIn and Twitter for all … Continue reading
How to achieve a fit for purpose finance function
Entrepreneurial technology businesses are now in uncharted territory and experiencing a range of financial, HR and operational challenges as a result of a rapidly changing economic environment. Often, it is only when a crisis occurs that ineffective and inefficient structures in the finance team and the finance function emerge and create issues. In this blog, we identify the indicators of an inefficient finance function and insights into how to build … Continue reading
Help with Overdue Accounts: Struggling to file statutory accounts?
Estimated reading time: 4.5 minutes Overdue accounts can be the Achilles heel for early-stage and growing companies, who tend not to have access to an experienced finance team. Their struggle to file statutory accounts at Companies House is often symptomatic of systemic difficulties within the business, easily overcome with the right accounting support. So, how do early-stage and growing companies access help to avoid the potentially severe consequences of late … Continue reading
Accounting recruitment: How to bridge the talent gap
One of the biggest inhibitors to business growth for growing tech companies is the current skills shortage within the finance function. It would be easy to blame Brexit, the pandemic or the UK’s escalating inflation rate, but the truth is that whilst the current economic situation undoubtedly is having a significant impact, the role of the finance function has evolved significantly over the last few years. Several factors make accounting … Continue reading
What could a Company Secretarial service do for my business?
Company secretarial services are an important component of business administration. Primarily concerned with corporate governance, effective administration and compliance with regulations, company secretarial services encompass a wide range of legal, ethical, and corporate responsibilities. Within the piece, we will highlight why company secretarial services are crucial and why engaging a specialist, like Isosceles, can be a shrewd move. Company Secretarial explained: The board, company and shareholders Whilst it is not … Continue reading
How does a graduate become a chartered accountant (ACA)?
Chartered accountants work in every part of the economy, providing advice and financial expertise that informs management teams of early-stage businesses and large organisations alike. In this blog, we explain the steps the graduate needs to take to become a chartered accountant and answer some of the most frequently asked questions. What does an ACA chartered accountant do? Chartered accountants are fully qualified accountants that take on a broad role. … Continue reading
Why every business needs a modern finance director
Estimated reading time 8:00 minutes (but worth it!) As a supplier of FD Services, we often meet potential clients who are not entirely sure what a modern finance director does, or why they need one. “I have a financial controller who is more than capable of producing a good, timely set of management accounts, what would a finance director add?” The modern finance director has changed, no longer are they … Continue reading