Chartered Financial Planner and Director of Derbyshire-based Midland Financial Solutions, Kevin Edwards, explains what this April’s pension changes will mean for the UK’s over 55s.
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.
Six-month grace period for businesses affected by new EU VAT laws announced
HMRC has announced that there will be a “transitional period” for small businesses affected by new VAT rules.
Bad accounting habits to give up
The start of the new year is upon us, which means it’s time to think about making a few resolutions to make your life better. So if you’re considering making some pledges for 2015, are there any bad habits you’ve been making with your accounts that you could address to make running your business easier this year?
Claiming tax relief on charitable donations
Around the festive season you may be thinking of donating some money to charity from your business – or if you’re already doing this, you may be considering renewing or increasing that annual charitable pledge.
If you haven’t yet completed your self-assessment forms, DON’T PANIC!
We’ve all had that feeling of panic, especially at this time of year; cards to write, diaries to manage, gifts to buy and, of course, the dread of the looming Self-Assessment return, which you’ve been avoiding for as long as possible, but now, inevitably, has to be faced….
Christmas means Self Assessment is looming
The Christmas holidays are getting closer, which means that unfortunately Self Assessment is also looming just around the corner.
4 Easy Steps to Web-Based Accounting
Keeping an up-to-date record of your financial activities is an essential part of running a business. Web-based accounting systems can offer useful features for small business owners – and more and more are choosing to take their accounting online.
5 ways of drawing monies from owner-managed limited companies
If you are the owner of a business, that’s not publicly listed, you’ll want to draw money from your company for your own use.
PayPal launches loan service for SMEs
PayPal, has introduced Working Capital, a new loan product which promises eligible merchants a tailored grant loan within minutes of request.
In Troubled Times, UK Businesses Need to De-Risk Their International Growth
The UK economy trotted into recovery earlier this year, but times are currently tough worldwide.
Three Fifths of Start-ups Have Tried and Failed to Secure Traditional Financial Investment
According to a new study conducted by the UK’s largest Angel Network, as many as half of UK start-up businesses have tried and subsequently failed to secure substantial financial investment from a traditional source, such as bank loans or by selling shares.
Starting a new business? Make sure you stay on the right side of the tax man!
Everyone has to deal with the taxman at some point; and for many people that’s the most frightening part of setting up and running a business – because they’re worried about paying the wrong amount of tax, or filling in a form incorrectly.
Early stage business financing: The pros and cons of taking money Business Angels
If you want more aggressive growth and your business has a mid to high potential, it may be time to knock on a business angels door.
Two Thirds of Businesses Prioritise Expertise over Money When Seeking Investment
It has been revealed that, while traditional forms of investment focus on the financial offering, two thirds of small business owners are actually seeking business expertise as much as money.
Claiming your home expenses as a Limited Company
When you work from home and you run your business through a limited company the good news is that you’re allowed to claim some of the home expenses you accumulate.
