You’ll often hear that it’s best practice to keep an emergency fund for your business. Emergency funds are great to help weather your business through so unexpected losses like clients leaving or, I don’t know, a worldwide pandemic perhaps? Sounds…
Do you use LinkedIn as a marketing tool? If not, it’s definitely worth considering! LinkedIn can be a great place to highlight your professional portfolio, experience, and expertise. Making relevant connections is a great place to start to identify potential…
Running a business involves wearing many hats, and one of the most crucial roles is handling administrative tasks. Whether you're a solopreneur or managing a team, efficient administration is vital for the smooth operation and growth of your venture. From…
In his Spring Budget statement on March 6, 2024, Chancellor Jeremy Hunt outlined significant changes in personal taxation and provided insights into upcoming tax administration measures. Here's a breakdown of the key highlights: Personal Tax Changes: Major personal tax changes…
In an era where the gig economy is thriving and side hustles have become a common means of supplementing income, understanding the tax implications of your additional earnings is paramount. As of 2024, the UK has introduced new tax laws…
Now that this year’s tax return is done, let’s think about next year! As the saying goes, "Success is where preparation and opportunity meet." This couldn't be truer when it comes to managing your finances, particularly in the realm of…
Handling your online self-assessment tax return can feel like navigating a maze, especially when the deadline looms near. Here are some key points to keep in mind before submitting your return at the end of January: Gather All Necessary Documents: …
As we usher in a new year, it's the perfect time to recalibrate our financial compass and set sail toward our savings aspirations. Whether it's for that dream vacation, a down payment on a house, or simply building a safety…
After getting through this unpredictable financial year, we bet you can't wait to put your feet up with your favourite drink in hand. We know we're looking forward to it! But before you do, you may have noticed that it's…
In a pivotal speech addressing upcoming elections, Chancellor Jeremy Hunt revealed crucial financial policies that are set to mold the nation's economic landscape. But how do these decisions directly affect your personal finances? Let's delve into the key takeaways: Tax…