10 top tips for filing your self-assessment tax return
Here are some top tips on filing your self-assessment tax return, including what expenses are tax deductible and advice on pension contributions.
Achieve 75% faster process cycle time and 57% faster inventory turns in your process manufacturing business.
It’s impossible to streamline your operations when your ERP, CRM, and supply chain processes are siloed.
Old infrastructure, high costs, reduced lead times and a need for improved visibility continue to make the environment a tricky one for process manufacturers. Add into the mix the introduction of environmental and safety standards that require additional management and controls, not to mention pressure to improve customer satisfaction, and suddenly the story looks different.
A major concern for many manufacturers. You need software that can help you raise the productivity bar, break new ground, and ensure compliance, if you want to stay ahead of the competition.
In a Global CEO Survey on manufacturing competitiveness, Deloitte identified “cost, availability of labour, materials, cost competitiveness of materials, and availability of raw materials” as the third most competitive driver for manufacturers. So it's crucial you understand how much your process manufacturing is spending each week, month, or quarter.
In recent years, it’s become normal for large sections of the food and beverage industry to launch products every year, while pharmaceutical companies are often pushed to accelerate the development of new antibiotics as outbreaks of drug-resistant ‘superbugs’ continue to rise.
This means that manufacturers need to be lean and highly flexible in order to keep pace - those encumbered by rigid processes and inefficient systems will be left behind.
A crucial requirement for all process manufacturers is the ability to keep up with new environmental and safety standards and successfully achieve compliance with new regulations, such as the UN Globally Harmonised System of Classification and Labelling of Chemicals (GHS).
Navigating this maze of global laws and restrictions can be a huge challenge, and failure to comply can be extremely costly in financial and reputational terms.
The good news is many UK process manufacturing businesses are overcoming these types of challenges with the right enterprise solution.
Martin Wallen, managing director
Firwood Paints
Here are some top tips on filing your self-assessment tax return, including what expenses are tax deductible and advice on pension contributions.
Want to know how you can reduce your company's tax bill? Here is a useful guide to the self-assessment expenses you can claim against your profits.
Discover the steps you need to take to file a self-assessment tax return, including details on registering, how tax is calculated and fines to be aware of.
Follow these tips to help your clients prepare for self-assessment and make this busy time of year a bit smoother for your accountancy practice.
Effective inventory management will help your business stay on top of stock levels. Find out why software not spreadsheets will improve this process.
Learn how to create a business plan that will give you focus and provide potential investors with the information they need.
Discover the steps you can take to manage uncertainty and create business continuity plans that will help your company keep moving.
Discover the tax implications of coronavirus government supports and how your employees can minimise their tax liability.