Welsh SMEs Invited to Free Finance and Tax Workshops

Share 0

Tweet 0

Share 0

SMEs in Wales are invited to attend a series of free, online workshops aimed at helping businesses better manage their finance and tax obligations.

Hosted by Business Wales, these workshops will provide practical insights and advice on bookkeeping, tax management, and financial forecasting to ensure businesses stay on top of their financial health.

The “Managing Your Finance and Tax” workshops are designed specifically for Welsh-based SMEs, with the sessions restricted to two delegates per business. These workshops will cover essential topics such as understanding income tax, National Insurance, allowable expenses, important HMRC dates, and how to keep proper records to manage business transactions effectively.

Workshop Highlights Include:

Practical tips on record keeping and why it's essential for sound business practices.
Guidance on preparing and reading basic financial statements like profit and loss accounts and balance sheets.
Insights on tax obligations, including income tax, National Insurance for the self-employed, and allowable expenses.
Tools for creating and managing a cash flow forecast to track business finances.
Strategies for effective sales forecasting.

Workshop Dates: