Latest News & Insights

Every month we publish the latest news, government changes and insights into accounting and financial services.

Joseph Hersom

Director

Keeping up with the latest information is essential for both business and personal finances. I publish information and updates on the latest rules and regulations as well as tips to help you understand taxation and financial planning. 

My videos help explain quickly and easily to help guide you through steps for all your requirements for planning ahead and avoid any pitfalls.

Construction Cash Flow

Construction Cash Flow: Practical Tips to Keep Your Projects Funded and On Track

Cash flow management is one of the biggest challenges for construction firms. With high upfront costs, staggered client payments, and fluctuating supplier expenses, even profitable projects can quickly run into financial strain. Delays in cash flow don’t just put pressure on your bottom line—they can cause projects to stall, damage supplier relationships, and affect your […]

Payroll Pains

Payroll Pains? How to Streamline and Stay Compliant Before Year-End

For many SMEs, payroll can be one of the most time-consuming and stressful aspects of running a business. From calculating wages and managing pensions to keeping up with HMRC reporting requirements, it’s easy to see why payroll mistakes are so common. Unfortunately, errors can be costly—leading to compliance issues, employee dissatisfaction, and even penalties. With […]

Autumn Financial Planning

Autumn Financial Planning: How SMEs Can Prepare for Seasonal Shifts

As the leaves begin to fall and the pace of business shifts, autumn is the perfect time for small and medium-sized enterprises (SMEs) to take stock of their finances. Seasonal changes often bring fluctuating demand, rising costs, and preparations for the busy run-up to year-end. Without careful planning, these shifts can leave businesses struggling with […]

The Hidden Costs of Poor Bookkeeping

The Hidden Costs of Poor Bookkeeping: Why Accuracy Matters More Than Ever

For many business owners, bookkeeping is one of those tasks that often slips to the bottom of the to-do list. After all, it can feel like a routine chore compared to the more pressing demands of running a business. But poor bookkeeping can have far-reaching consequences that go well beyond misplaced receipts or late invoices. […]

Preparing Your Business for Q4

Preparing Your Business for Q4: Consulting Strategies to Boost Performance Before Year-End

As Q4 approaches, many businesses face their most demanding period of the year. Whether it’s finalising accounts, managing cash flow, or planning for the new financial year, the last quarter is crucial for setting the tone for the months ahead. Too often, companies approach year-end reactively—dealing with issues as they arise—when a more strategic approach […]

Recruitment Sector Finances

Recruitment Sector Finances: How to Stay Profitable in a Competitive Market

The recruitment sector is one of the UK’s most dynamic industries. Demand is constantly shifting, client expectations are high, and agencies face the pressure of managing large payrolls while keeping margins healthy. In such a competitive market, profitability is not guaranteed—even when placements are strong. At Beckett Taylor, we work with recruitment firms of all […]

How Business Consulting Can Drive Growth in Construction and Recruitment

Beyond the Numbers: How Business Consulting Can Drive Growth in Construction and Recruitment

For many businesses, accountants are seen as number-crunchers—essential for managing tax, compliance, and bookkeeping. But in industries like construction and recruitment, financial complexity goes far beyond balancing the books. To truly grow, businesses need more than accounting support. They need a strategic partner. That’s where business consulting comes in. At Beckett Taylor, we work closely […]

How Strategic Business Consulting Transforms SMEs

From Surviving to Thriving: How Strategic Business Consulting Transforms SMEs

Running a small or medium-sized enterprise (SME) is no easy task. From managing cash flow to navigating ever-changing tax rules, business owners often find themselves focused on simply “getting by.” While this survival mindset is understandable, it can limit long-term success. The businesses that truly thrive are those that go beyond basic accounting and embrace […]

How to Spot (and Stop) Cash Flow Problems Before They Hit

How to Spot (and Stop) Cash Flow Problems Before They Hit

Cash flow is the lifeblood of every business — yet it’s one of the most common sources of stress for business owners. When cash dries up, even profitable businesses can struggle to meet payroll, pay suppliers, or invest in growth opportunities. The good news? With the right planning and support, cash flow problems can be […]

What Construction Firms Should Know About Reverse Charge VAT in 2025

What Construction Firms Should Know About Reverse Charge VAT in 2025

If you run a construction business, staying compliant with VAT regulations is essential — and in 2025, Reverse Charge VAT remains a critical topic. Introduced in 2021 to combat fraud in the construction industry, this system has created ongoing confusion for contractors and subcontractors alike. At Beckett Taylor, we’re here to demystify Reverse Charge VAT […]

Financial Health Checks to Kickstart Q3

Back to Business: Financial Health Checks to Kickstart Q3

As the summer winds down, August is the perfect time for businesses to refocus and get back on track. Whether you’ve taken a summer break or just experienced a seasonal slowdown, the start of Q3 is a golden opportunity to assess your financial health and make informed decisions that set your business up for a […]

Summer Financial Tips for SMEs

Summer Slowdown? How to Use July to Get Ahead Financially

While July often brings a welcome break from the daily rush, it’s also the perfect time for small business owners to reflect, regroup, and reset. At Beckett Taylor, your trusted accountant in Basildon, we believe the summer slowdown offers a golden opportunity to sharpen your financial strategy and set yourself up for a successful second […]