News

Think about the support you need for your business
10 February 2023

Your business may be sailing along quite nicely, or it may be struggling with the effects of shortages, rising prices and an energy crisis. In both cases could be time to step back and reflect on where you are, develop what has worked and abandon methods that don’t.
Read more...

A new VAT penalty system is now in effect
16 January 2023

A major overhaul of VAT penalties came into effect on 1 January 2023. This new approach changes how penalties are applied, as well as how interest is calculated and paid. In this article, we’ll break down what you need to know about the changes.
Read more...

Understanding and improving your balance sheet
16 January 2023

Keeping on top of your business’s financial health is critical to its success. A great place to start is by understanding what a balance sheet is and what it can tell you about the health of your business. Let’s look at what a balance sheet is, why it’s important, and how you can improve yours.
Read more...

Should I take a salary or dividends as a small business owner?
16 January 2023

If you own a small business and are also a shareholder director, you may be wondering whether to take a salary or dividends. When it comes to paying yourself, there are both advantages and disadvantages to each option, including potential tax savings.
Read more...

Tax considerations for gifting to grandchildren in the UK
16 January 2023

For many individuals in the UK, gifting to grandchildren can be a great way to reduce their tax burden. But before entering into any gifting arrangement, it is important to understand the various tax considerations that come with it. In this blog post, we will discuss some of the key tax implications of gifting to grandchildren in the UK.
Read more...

Improving your business finances in 2023 and beyond
16 January 2023

Every business needs sound financial planning and oversight in order to thrive. With the new tax year just around the corner, now is the perfect time to start thinking about ways you can improve your business’s finances in 2023. Read on to learn some of our top tips for making sure your business’s finances are healthy and secure.
Read more...

Take advantage of the super deduction allowance – before it’s gone
16 January 2023

Businesses are being advised that time is running out to be able to take advantage of the Corporation Tax super-deduction capital allowance scheme. This allows businesses to claim back 130 per cent on investments made in plant or machinery.
Read more...

Implementation of MTD for ITSA delayed for two years
16 January 2023

The Government has announced a two-year delay and further changes to the rollout of its Making Tax Digital for Income Tax initiative. The delayed implementation of Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) means it will now be phased in from April 2026 for a smaller number of taxpayers...
Read more...

Income tax thresholds freeze – What it means for you
17 December 2022

You could see your Income Tax bill increase significantly in 2022-23 because of a freeze on Income Tax thresholds announced by the Chancellor at the Autumn Statement. While the basic (20 per cent) and higher (40 per cent) thresholds will remain at their current levels for an additional two years until 2028...
Read more...

What is the ultimate goal of your business?
17 December 2022

Planning for the future is essential when running a business and you should have a perspective of where you want to be in three to five years. Goals or targets provide a sense of direction, focus, and motivation. However, how do you set aims effectively?
Read more...

Page 17 of 104 pages ‹ First < 15 16 17 18 19 > Last ›