There is little doubt that the arrival of contactless payment alternatives to cash has been a significant contributary factor, not only the demise of the high street bank, but also the number of ATM’s available to the public.

This evolution has implications to all forms of retailing but in particular the traditional community wet led pub and bar where cash is still very much king.

“Why even bother, it’s a waste of money, just another cost that the business can ill afford. As it is the wage bill has gone through the roof in the last couple of years with the advent of Auto enrolment and unwanted increases in minimum wage, and we get little or no loyalty at all”

Paul's advice for small businesses

The biggest tax revolution in the UK is soon to be introduced with the introduction of "Making Tax Digital". Here at the Hayhoe Webb Partnership in Haddington we understand that the HMRC tax system is woefully out of date and needs considerable updating to bring it into the digital age.