Is your limited company considering the switch to an electric vehicle (EV)? It’s a strategic move that can not only boost your company’s green credentials but also offer significant tax advantages. This guide will walk you through the tax implications of acquiring and using EVs, helping you make
DeepSeek: The Chinese AI Startup Shaking Up Silicon Valley
DeepSeek, a relatively new AI company from China, has been making waves in the tech world, challenging the dominance of established US giants like OpenAI, Google and Meta. Founded in May 2023 by Liang Wenfeng, who also founded the quantitative hedge fund High-Flyer, DeepSeek is funded entirely by
The EU Cracks Down on AI: What You Need to Know
While Hollywood paints a picture of AI leading to robot uprisings, the EU is taking a more practical approach, focusing on the real-world risks associated with AI technology. The newly implemented EU Artificial Intelligence Act aims to regulate how AI is used across industries, ensuring it doesn't
Demystifying AI: A Beginner’s Guide to Artificial Intelligence
Artificial intelligence (AI) has become a ubiquitous term, often used interchangeably with science fiction and futuristic technology. However, AI is more than just science fiction; it is a rapidly evolving field with the potential to revolutionize our world. In simple terms, AI is the ability of
Why Small Businesses Should Use Xero Cloud Accounting Software
In today's competitive business landscape, small businesses need every advantage they can get. One way to gain an edge is to use cloud-based accounting software like Xero. Xero is a popular choice for small businesses because it is easy to use, affordable, and scalable. It also offers a variety of
The role of social media
The term ‘social media’ encompasses a range of tools that we are familiar with in our lives - from Facebook and Twitter to LinkedIn we may use all, or some of them, every day. Organisations are expected to have a social presence. Finance cannot ignore this as just an activity for marketing - as