Tax planning in its simplest form
Nearly everyone who has their business up and running will want to make sure they’re claiming expenses to reduce their tax bill. However, there are a number of rules that need to be followed.
Read MoreNearly everyone who has their business up and running will want to make sure they’re claiming expenses to reduce their tax bill. However, there are a number of rules that need to be followed.
Read MoreThings have been tough recently, we’ll make no bones about it, but if the answer to our title question is a resounding yes, or even just a maybe, this is an exciting time. And regardless of whether you’re a get-it-all-down-in-Excel person, or are happy just to jot things on a piece of paper, your mind is no doubt buzzing with all sorts of ideas and questions.
Read MoreProfit is something we’re all familiar with, but to protect your profits as a business owner you will need to clearly understand what your ‘profit margin’ is, so you can take the steps you need to take.
Read MoreAs a business owner, being a good listener is critical to your success. You have to keep your ear to the ground with regard to customers and competitors.
Read MoreSmall businesses have some great tools to manage these ups and downs, and one of them is cashflow. Done in the right way, cashflow management can save your business from disaster and boost it towards growth when things are going well.
Read MoreSo, if you are a business owner, what can you do to limit the impact that inflation and rising interest rates may have on your enterprise?
Read MoreMost entrepreneurs are busy people and there are only twenty-four hours in a day. To get a business going, you need to cover many angles, the problem is… many of those will not play to your natural strengths as a businessperson.
Read MoreCash flow is the lifeblood of a business. If it seizes up, the business dies. But managing money within a business isn’t just critical to its survival, it’s also what oils growth and releases the latent potential a business holds.
Read MoreIf you’ve already set up a limited company, you’ll probably have a dim and distant memory of some of the documents required. People often talk about ‘mem and arts’.
Read MoreThe one thing that small business owners hate doing is bookkeeping and accounting. However, the one thing you need to get right to ensure your business succeeds… is bookkeeping and accounting.
Read MoreBusiness owners who have the foresight to turn to seasoned professionals for advice, support, and help are the ones most likely to enjoy continuing success. And the kind of professional who can help bring some assurance to their growth is their accountant.
Read MoreBy 2030 new fossil fuel cars will cease to be sold in the UK. Before then, the Treasury is incentivising business drivers to go electric by offering some key tax benefits.
Read MoreIn the UK, value-added tax is payable on chocolate-covered biscuits – but not chocolate-covered cakes. McVitie’s classified Jaffa Cakes as cakes, which HM Revenue & Customs (“HMRC”) accepted but always had misgivings.
Read MoreRunning an SME is a full on roller coaster of a ride. As time ticks, you’re thrown in all sorts of directions and can even feel as though you’re in free fall going backwards sometimes.
Read MoreAs the government begins to show a restoration of stability, the focus now turns to two other major issues being
Read MoreHMRC are sending out letters again, this time to Persons of Significant Control (PSCs) that declare an income below £100,000
Read MoreLiz Truss and her first Chancellor Kwasi Kwarteng managed in a few minutes to brew up quite a storm or
Read MoreIt is unclear what position HMRC will take when dealing with businesses who have inadvertently fallen foul of the IR35 rules between now and April 2023.
Read More? Independent research from the Close Brothers Asset Finance and Leasing, emphasises the increasing costs businesses are having to swallow because of the current financial climate.
Read MoreFollowing the recent mass resignations from the Government and Boris stepping down, what lessons can we learn to ensure long-term business success?
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