Blog | JR Management Accountancy

6 Big Business Risks: The Do's and Don'ts

Business Risks, and When They Appear Have you ever found yourself in a risky situation? There is a risk in creating a business. Most business owners have asked themselves; Having great bookkeeping helps enable business owners to not have to worry. There are numerous methods to monitor and analyse how your business is doing via […]

An Instructive UK VAT guide to the 3 rates, schemes and MTD

If you run a business in Droitwich or plan to start one, understanding Value Added Tax (VAT) is essential. VAT is a government-imposed tax on most goods and services, and navigating its rules can be daunting for new and growing businesses. This blog provides a guide to VAT in the UK, helping you understand what […]

4 Best Ways Management Accounts Can Help Businesses

Access to up-to-date and relevant financial information is essential when running a successful business. Management accounts are one of the most powerful tools at a business owner's disposal. While many businesses are familiar with statutory accounts, management accounts offer far greater insight into how a business is performing on a regular basis - and they […]

HMRC's New Rules on P11D Payrolling Benefits

HMRC is introducing significant changes to how employers report and pay tax on employee benefits in kind (BiKs). From April 2027, payrolling benefits will become mandatory for most employers, replacing the current reliance on the P11D form. If your business is based in Kidderminster or the surrounding areas, now is the time to start preparing […]

Placement Year Benefits: 3 Reasons You Should Take One

Is a placement year really worth all the time and effort? I am currently halfway through my placement year (6 months in). Time flew by very quickly, and amongst all the learning I’ve been having fun. I’d like to encourage the next year’s placement students to apply and explore industries through placements. Here are my […]

9 Common VAT Mistakes And How To Avoid Them

Value Added Tax (VAT) can be a complex area for businesses, and many make costly errors when managing their VAT obligations. Understanding these common VAT mistakes and knowing how to avoid them can save time and money and reduce the risk of penalties from HMRC. JRMA handles the VAT affairs of many businesses throughout Bromsgrove […]

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