Employers are still failing to implement the appropriate auto-enrolment processes in the UK.
Category: Money & Tax for the Self-Employed
Everything you need to manage money and tax as a freelancer or sole trader – from self-assessment to invoicing and cashflow.
R&D Tax credits can help grow your business with upto £40,000 of ‘free’ money
The UK is known for being a hub of innovation, yet thousands of companies are missing out on R&D tax credits. Do you know what they are? Would you like the opportunity to claim £40,000 from HMRC?
Has the Banking Mis-selling Scandal Affected Business for IFAs?
Since 2008, mis-selling claims against banks and independent financial providers have been stacking up in unprecedented numbers and many IFAs are having to make changes to their business – and to their own protection provisions.
Can’t spare the time to do your business accounts?
If you are a small business owner you will know that there never seem to be enough hours in the day. There are always a thousand jobs to be fitted in, and accounts are often the last thing that you want to worry about.
How to Rein In Maverick Spending
Lars Ola Petters, CEO of leading purchase-to-pay provider Palette, discusses the problem of maverick spending and how organisations can gain control over purchasing
2015 was a record year for startup formation
Companies House data shows a record 608,100 new UK businesses formed in 2015 – reflecting a cultural shift in the UK economy
5 new year resolutions to help your small business in 2016
2016 is here which is why it is a good time to give some thought to how you can make your small business run even smoother this year.
10 common Self-Assessment Tax Return mistakes and how to avoid them
If there are two terms likely to induce a deep sigh and/or a slumping of shoulders, it’s HM Revenue & Customs (HMRC) and Self-Assessment Tax Return (SATR). And not without good reason.
Locking in value from selling a business: the earn out
The “earn out” is likely to comprise a very significant part of the overall consideration received on the sale of a business: possibly as much as 50% or more of the consideration may ultimately be attributable to it. An understanding of the role of the earn out, how it is structured and how it is taxed is therefore essential in any negotiation of the deal.
No money, no problem – 10 sources to find the right funding for your business even when the banks say no
For anybody involved in running their own business, or with aspirations to do so, a visit to the bank for a loan is seen as a natural first step. Unfortunately, the days of being on first name terms with the local branch manager who would quickly sign-off whatever you need have long gone.
How to know when you need an Finance Director
It’s widely accepted that if you can bring on a Finance Director to help you in business, you should. Having a viable idea for a business doesn’t necessarily mean you know how to run the books – and the analysis, insight and advice an FD can offer your venture will be invaluable.
5 ways to cut your Capital Gains Tax bill
Capital Gains: the good news/bad news tax. Good news … you’ve made money. Bad news … well, it’s a tax.
5 VAT Pitfalls to Avoid When Running a Small Business
When you’re running a small business, it’s likely that at some point you’re going to have to deal with the fiddly issue of Value Added Tax (or VAT).
Are you prepared for the Dividend Tax changes?
One of the more surprising announcements in the Chancellor’s Budget statement was changes to the way in which dividends are to be taxed from April 2016.
Struggling with late paying clients? Here are five invoicing mistakes to avoid
One of the best ways of keeping your business’s cash flow healthy is to ensure that you get paid quickly by your customers. But, unfortunately, this can also be one of the most difficult and frustrating things about running a micro-business.
