Latest reports suggest that over 200 businesses in Northern Ireland became insolvent last year, which is a similar figure to the previous year. This is a sad reflection of the difficult trading conditions which have made life so difficult for so many businesses, large and small, right across the country. Figures Come From The Insolvency …
Footfall Down During Festive Period For Retailers In NI
The latest figures from the Northern Ireland Retail Consortium (NIRC) has revealed that footfall in our town and city centres was 4.7% lower in December 2023 compared to the previous December. The reason for the downfall has been put down to inflationary pressures on families leading to the cost of living crisis, and the public transport …
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Enhancing Your Business Integrity With Our Auditing Services
There is no doubt that maintaining financial integrity is paramount for sustained success. Auditing services play a pivotal role in ensuring the accuracy, transparency, and compliance of financial records, providing businesses with a solid foundation for decision-making and stakeholder trust. Skilled accountants such as us can bring their expertise to the forefront, offering invaluable auditing …
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Sickness Absence Rate Hits 8 Year High
A report by the Ulster University Economic Policy Centre (UUEPC) has revealed that the sickness absence rate hit a worrying 8 year high in Northern Ireland in 2022, which works out at around 6 days sickness absence per worker in the 12 month period. The UUEPC has worked out that this is a direct salary cost …
Calls For 2024 To Be A Year Of Improved Public Services, Green Growth & Economic Prosperity For All
NI Chamber of Commerce and Industry president Cathal Geoghegan has made a wide ranging New Year statement, calling on all sides of the political debate to get together to ensure that public services in Northern Ireland are transformed, there is a focus on green growth as well as prioritising economic prosperity for all. As with …
The Advantages Of Engaging An Accountant To Deal With PAYE Management
In the complex landscape of payroll and taxation, managing Pay As You Earn (PAYE) obligations can be a daunting task for businesses. Navigating the intricate web of regulations, compliance requirements, and deadlines demands expertise. Employing the services of a qualified accountant specialised in PAYE can provide numerous benefits for businesses seeking efficient and accurate payroll …
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The Crucial Role Of An Accountant In Preventing Insolvency
In the ever-evolving landscape of business, maintaining financial health is a paramount concern. One of the key professionals instrumental in safeguarding a company’s financial stability is an accountant. The role of accountants goes beyond number crunching; they play a crucial part in helping businesses navigate the complex financial terrain and avoid the perilous path of …
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Pay Negotiations For Civil Service Staff Stalled Until NI Budget Is Finalised
Any pay negotiations for our beleaguered civil service staff have been put on hold until there is some sort of certainty over the budget that Northern Ireland has to play with. The budget is very much up in the air at this present time, the UK government have offered an overall figure of £3.3 billion, …
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