Now Covid-19 restrictions are beginning to lift, 2022 is set to be transformative for many businesses. Over the past two years, business owners have had to be agile to adapt to the ever-changing market conditions. This year however, the focus is set to be on investment and growth.
Corby-based accountants Moore have more than 100 years’ experience working with businesses of all sizes and have solutions available to help.
Recruitment and retention
With more job openings than people, business owners are up against a candidate-run recruitment market. To stay ahead of the competition, many employers are bolstering their benefits and salary packages to attract new talent and retain existing staff.
Tim Woodgates, tax specialist at Moore says: “An effective remuneration and retention strategy is about so much more than just salary level. At Moore, we help business owners look at a range of options, some of which can provide savings in tax and National Insurance for the employer, the staff member or sometimes both.”
Managing a workforce can be a time-consuming job but when done well it truly pays off so it is important to invest in HR services.
Whether it is for support with policies and procedures or looking for new ways to motivate your staff, Moore’s team of strategic HR consultants can help.
Outsourcing your HR services is a great way to reduce some of the pressure and allow you to refocus your attention on other areas of the business.
Business restructuring and sale
For those facing financial struggles, it could be time to consider restructuring your business. Whether you are struggling to meet KPIs or your processes have become inefficient, business restructuring gives you the opportunity to reconsider what is working and what is not.
Moore can advise on the tax implications of business transactions such as group reorganisations passing the business on to the next generation and planning an exit strategy.
And if you are looking to sell, careful planning can help you realise the right price for your business. The team at More is uniquely placed to partner with you in planning for a successful sale.
Tax relief
Being savvy with your expenses is an important part of running a business, regardless of its size. However, tax rules can be complex so seeking expert advice can save you time and money further down the line.
Tim Woodgates says: “Tax relief should be seen as a big incentive for many businesses, particularly as recovery from the pandemic continues, yet many businesses are unaware of the various reliefs available and so are missing opportunities to reduce their tax liabilities.”
Payroll
As your business grows, tasks such as payroll administration can be time-consuming. At Moore, we handle the processing of your payroll from start to finish leaving you free to focus on investing and growing your business.
To find out more about the services Moore offers, contact Moore’s Corby office today on 01536 461900 or visit www.moore.co.uk.
