DEALING WITH LATE PAYMENTS
Dealing with an unpaid invoice is almost certainly not one of the reasons you started your business and a client book full of prompt payers is the goal. Late payments can cripple a small business and in 2017 the UK…
Electric company cars to be exempt from tax in 2020/21
Last year the Government announced that electric vehicles will be exempt from company car tax in the 2020/2021 tax year. This will be the first opportunity for company cars to be to be taxed at 0% as a benefit in…
DO YOU NEED AN EXTRA PAIR OF HANDS AS A SOLE TRADER?
As your business grows, you’ll need more capacity to provide a service or produce a product, and often a wider set of skills to manage the increase. The easiest way to achieve this is to hire a second pair of…
SELF-ASSESSMENT TAX RETURNS – JANUARY DEADLINE!
With the deadline for submitting your Self-Assessment Tax Return at the end of the month, it’s a good idea to get your finances in order now if you haven’t already done so. Who needs to complete a Self-Assessment? You’ll need…
HAVING AN EFFECTIVE LINKEDIN PROFILE
Social media for pleasure may not be a top priority for you but embracing LinkedIn and what it has to offer a small business owner can be extremely powerful. LinkedIn has a highly effective search engine, the perfect tool for…
WAYS TO SCALE YOUR BUSINESS
There are many reasons that entrepreneurs start their own business: working to your own time, using your skills and knowledge to drive you to success quicker, focusing on exactly what you want to do. Something that is not always considered…
Have You Filed Your Tax Return?
With the deadline to file your 2018/19 self-assessment now less than 80 days away HMRC is encouraging taxpayers to complete them before the busy period arrives. Filing even 1 minute past the 23:59 deadline on 31st January could result in an…
TAX TIPS FOR YOUR CHRISTMAS PARTY
It seems the build up to Christmas starts earlier and earlier each year and many teams are now looking forward to getting closer to the festive season, in particular the Christmas party! The perfect chance to celebrate the years achievements…
IR35 Changes for Contractors
There are changes to the IR35 legislation that come into effect on the 6th April 2020 for private sector contractors that will transfer responsibility from contractors to large and medium companies to assess IR35. The 2020 reform will bring private sector…
A lowdown on Forensic Accounting
Forensic accountancy is a specialist field focusing on analytical and investigative processes in relation to finances. A Forensic Accountant works to not only identify and bring to light any evidence of fraudulent activity, but also to work with client to…