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Category Archives: Business News

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What Are The Fastest Growing Industries In The UK?

Posted on by Murray & Lamb

When it comes to winning investment, a business’s growth will be a big influence. Business growth is inextricably linked to rises in revenue, stock value and the subsequent profit that investors can make. It can be a complex process to predict how well individual companies will fare, but on an industry level, the trends are … Continue reading

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How to Give Your New Business a Head Start

Posted on by Murray & Lamb

Starting up a business is an exciting and monumental occasion but, particularly if you’ve never done it before, can feel like you’re walking into the unknown. With so many new experiences and challenges to deal with, it can be difficult to know where will benefit most from the focus of your energies. Utilising our experience … Continue reading

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What Business Structure Is the Best?

Posted on by Murray & Lamb

Starting a new business is a massive undertaking for anyone, and central to future success is getting your business’s initial structure correct. With that in mind, what business structure is the best? That depends entirely on the needs of your business, and your decision will influence how you start your business, the taxes you’ll pay, … Continue reading

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Research & Development Tax Credits

Posted on by Murray & Lamb

2016 has seen Murray & Lamb increase the number of Research & Development claims for our clients. In conjunction with HMRC’s new Advance Assurance, we have put together claims for 16 different clients with a total R&D value of over £10m. These have resulted in savings of tax and tax credit refunds of over £1.1m. … Continue reading

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What is corporation tax and what has changed in 2016

Posted on by Murray & Lamb

Corporation tax is an important part of the tax system in the UK and as such it is essential that businesses know what the tax is, how it may apply to them and how it has changed under new legislation. Therefore, in our first article this month, and further to our brief look at it … Continue reading

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How the 2016 minimum wage change will affect your business

Posted on by Murray & Lamb

  In April of this year the government’s new National Living Wage came into effect, increasing the earnings of millions of low-paid workers up and down the country. But this has the potential to have a damaging knock-on effect for businesses who cannot afford the rise in employment costs. Here we will discuss the National … Continue reading

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How the 2016 budget is affecting businesses

Posted on by Murray & Lamb

The Chancellor of the Exchequer delivered his third budget in 12 months in March, and the new legislation it introduced has caused a variety of far-reaching policies to come into effect. From increases on personal allowance and heavy duty on cigarettes, to reforms on stamp duty and reductions in corporation tax, there are a lot … Continue reading

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7 Simple Ways To Cut Your Business Costs

Posted on by Murray & Lamb

Now your business is up and running, it’s time to keep an eye on the expenses and ensure that you’re turning enough profit to keep your head above water. If you’re looking for simple ways to cut down your business costs, Murray and Lamb can help. We’ve compiled our top money saving tips to help … Continue reading

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What’s The Best Funding Options For My Business Startup?

Posted on by Murray & Lamb

Starting a business is the dream scenario for any entrepreneur with a great business plan, but sadly, due to funding being so difficult to obtain, for many it remains just that: a dream. Traditional bank loans are notoriously hard to secure, with the market being fraught with competitors fighting it out for a limited amount … Continue reading

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Getting Self-Assessments Right: A Walkthrough

Posted on by Murray & Lamb

Whether you’re self employed or have staff working for you, all business owners must complete a self-assessment income tax return. Completing this documentation can be confusing and overwhelming, especially if you’re new to the process, so Murray & Lamb have put together this walkthrough to assist you in the procedure. Register for online services If … Continue reading

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