On Saturday 17th May, Helen, Ali, and Melissa took part in the Norfolk Coastal Walk, raising £600 for The Feed, a community organisation dedicated to fighting food insecurity.
Arriving at Sea Palling for 9am, it was straight on to the beach with roughly 50 other keen walkers for a 17.5 journey, trekking over sand, rock, and shingle.
The walk took them up over the cliffs, around Happisburgh Lighthouse, through Keswick, and back onto the beach at Bacton, before stopping for a much needed break at Mundesley Museum.
The second leg of the journey started off promising through Mundesley village, but it was soon back down on to the sand at Trimmingham all the way to Overstrand.
Once up on to the cliffs at Overstrand, the end point was in sight, and the team made their way along the cliffs, around Cromer golf course and through the town, finally reaching the finish line at Cromer Pier at 15:45 making the total walking time 6 hours and 4 minutes – a great effort!
Shout out to team Pivotal, the crew at Arnolds Keys, and Mobilityways for all their support along the way, and huge thanks to Nade Ward and the rest of the team at The Feed for arranging the Norfolk Coastal Walk event and for keeping us fed!
But, last but not least, we would like to say a big thank you to everyone who has supported us along the way, your donations will help The Feed continue to make massive changes in our community through the power of food.
For more information on The Feed and what they do, please visit: https://thefeed.org.uk
Q: How flexible is the outsourced Finance Director role?
A: For many businesses, especially growing SMEs, flexibility in financial leadership is crucial — and this is where outsourcing shines.
An outsourced Finance Director (FD) offers significant flexibility that a full-time, in-house hire simply cannot match. Whether your business requires strategic input for a short-term project or ongoing part-time support, an outsourced FD can be engaged on terms that suit your needs.
This model allows you to adapt your financial management approach without the high cost and long-term commitment associated with full-time employees. It’s a scalable solution — giving you the ability to increase or decrease involvement based on your business’s current stage or challenges.
What adds to the flexibility is the broad range of services that an outsourced FD can provide. These include:
- Financial planning and forecasting
- Budgeting and cost control
- Cash flow management
- Financial reporting and analysis
- Strategic financial advice
You get high-level expertise tailored to your company’s specific requirements, all while maintaining cost-efficiency and operational agility. Whether you’re navigating growth, restructuring, or preparing for investment, this flexible arrangement ensures your financial leadership scales with you.
If you’re asking “how flexible is the outsourced Finance Director role”, the answer is: very. It’s a solution designed for adaptability — a smart, modern approach for businesses looking to optimise performance without sacrificing control or budget.
If you’d like to explore how an outsourced Finance Director could benefit your business, contact us for a free chat.
Glenn Matthews joined our team in March 2025 with over ten years of accounting experience under his belt. Glenn brings a wealth of knowledge to the table, having worked with businesses of all sizes across a wide range of sectors, but has a particular strength in supporting startups.
Glenn has a real passion for helping new business owners feel confident about their finances from day one. He’s known for setting up efficient systems that work seamlessly behind the scenes, breaking down financial responsibilities in a way that’s easy to understand, and introducing user-friendly accounting software that simplifies the day-to-day. His goal is always to make life easier for business owners, giving them more time to focus on what they do best.
What sets Glenn apart is his genuine interest in the people behind the businesses he supports. He takes the time to get to know his clients – what motivates them, what keeps them up at night, and how the right financial guidance can make a lasting impact. For Glenn, it’s not just about the numbers; it’s about building trusted relationships and offering tailored advice that helps businesses thrive!
Outside of work, Glenn is just as driven. He’s a keen foodie, loves to travel and explore new places, and is an avid runner. In fact, he recently completed the Norfolk Marathon in April – a proud personal milestone!
To speak to Glenn or learn more about how our team can support your business (or if you’re looking for a new running partner!), contact us today.
On March 26th, Chancellor Rachel Reeves unveiled the Spring 2025 Budget, responding to current economic challenges and outlining plans for the future.
We’ve outlined the key takeaways that may impact individuals, sole traders, and business owners.
Overall, The Spring 2025 Budget emphasises modernisation, compliance, and strategic reforms without dramatic tax rate changes.
Individuals, sole traders, and business owners must prepare for these developments, with ‘Making Tax Digital’ being the most important point here. We’ll be reaching out directly to all our clients affected, but if you’d like to get ahead of the game, we’d be happy to help you prepare for this change.
Take a look at some of the key takeaways:
No easing of business taxes:
The budget confirmed that increases to Employers’ National Insurance Contributions and other business taxes set to take
effect in April 2025 will not be eased. This means businesses will face increased costs, affecting pricing and wage decisions.
Making Tax Digital (MTD):
A phased rollout of Making Tax Digital for Income Tax will require sole traders and landlords with income over £20,000 to comply by April 2028. This includes mandatory quarterly digital updates and using MTD-compatible software. Affected individuals need to prepare for these changes and ensure they have the right tools in place.
Measures against tax avoidance:
The government is taking a firm stance against marketed tax avoidance schemes. A new consultation aims to strengthen penalties for scheme promoters, enhance HMRC’s powers to combat tax evasion, and create a less permissive environment for such schemes. Individuals are encouraged to be cautious and ensure their tax practices align with legal requirements.
Revised behavioural penalties:
HMRC is consulting on reforms to its penalties regime, focusing on simplifying the system and making penalties more proportionate. This aims to address inconsistencies in how errors in tax returns are penalised, particularly for honest mistakes, promoting a fairer approach to compliance.
Advance clearance for R&D tax claims:
The budget proposes exploring advance clearances for Research and Development (R&D) tax claims. If implemented, businesses could obtain an upfront agreement from HMRC regarding eligibility for R&D relief, reducing the uncertainty and administrative burden associated with post-claim reviews.
Enhanced third-party data utilisation:
HMRC plans to improve its data collection methods and use third-party data to enhance tax compliance. This may involve using earnings data from gig economy platforms and bank transaction insights to facilitate tax return processing and compliance checks.
If you have any questions about your finances or need assistance with your accounting, contact the team at GLX on 01603 617361 or email info@glx.co.uk
We celebrated the GLX Christmas party in style – casino style!
It was a fantastic evening to come together as a team to celebrate another amazing year.
A huge thank you to The Earlham Arms for their incredible hospitality, festive ambiance, and wonderful spread of food.
A big thank you to the casino company 4 Aces Fun Casino who helped to provide a truly authentic experience. It was fantastic to do something so out of the ordinary with the team. It was also a pleasure to be frivolous with the fake money, but our clients need not worry, our financial responsibility remains at an all-time high!!
Congratulations to Kerry Porteous for being the big winner of the evening and raising the trophy.
What better way to wrap the year up than with great company, laughter, and fun?
We were pleased to support Milan Pandit from Leathes Prior Solicitors, who courageously stepped into the ring for a White Collar Boxing match in support of Break charity.
We were thrilled to be one of the main sponsors, helping Milan raise over £1000 for this great cause.
If you’d like to make a donation to this worthy charity, please visit Milan’s Just Giving page: https://www.justgiving.com/page/milanxbreak
One of the best ways to showcase our positive culture at GLX is through the long-standing commitment of our staff.
We would like to highlight some of the recent anniversaries in our team:
- Racheal Harbord has been with us for an incredible 21 years!
- Jack Wenham ACCA has been with us 7 years
- Duncan Smith MAAT has also devoted 7 years to our team
We truly value our employees, strive to create a supportive work environment, and reward their hard work. All of this helps to cultivate loyalty that speaks volumes.
Congratulations to Racheal, Jack, and Duncan on these remarkable milestones. We are grateful for your dedication and contributions to our team.
We’re honoured and excited to be a part of the very first Norwich Professional’s Football League (NPFL) and couldn’t resist having our own custom kits made.
Over a period of 6 months, we’ll compete against 8 other local businesses in a bid to take home the very first NPFL Champion title, with almost £500 of raised funds going to the winner’s charity of choice.
Good luck to the team and everyone involved.
Lisa Cornwall is a highly skilled finance professional who brings over 12 years of experience to the team at GLX.
Lisa’s role at GLX involves managing a diverse portfolio of clients, including limited companies, individuals, and sole traders, providing invaluable assistance with both Accountancy and Taxation matters.
In 2018, she achieved her ACCA qualification, demonstrating her commitment to excellence in accounting.
Lisa has a strong background, with 12 years in practice providing accounts and taxation services to a variety of clients, including limited companies, sole traders, and partnerships.
Her expertise and dedication to delivering top-quality financial services make her a valuable member of the GLX team.
Lisa’s wealth of experience and proven track record in the industry make her a trusted and reliable resource for our clients.
Our quarterly client newsletter has been published, summarising the first half of the year.
With exciting developments from GLX, our reflections on the year to date, our new client referral scheme and timely advice and updates for businesses.
If you would like to sign up to receive our quarterly newsletter, please email info@glx.co.uk.
You can read the summer edition here: