Category: Money & Tax for the Self-Employed

The UK economy is registering growth levels higher than before the financial crisis. This has been reflected in sterling performance, which, although fluctuating, has been strong on the whole.

As Barclays celebrates five years of contactless payments on debit cards, latest figures show that we are heading into a contactless world, with Brits now choosing to use contactless three times more than they did in 2012.

If your business has been suffering with cash flow problems and is struggling with debt then it is important to know that any creditor with a debt over £750 can issue a winding up petition and you could be facing a winding up order.

When you run your business as a limited company it means that you are considered an employee while the company is your employer.

There are almost 4.5 million small businesses in the UK and securing finance has been a longstanding problem for SMEs. Already this year Bank of England figures show that loans to smaller firms have dropped by more than £700m, despite efforts to boost credit.

Around the world, record numbers of people are setting up their own businesses. Many of these fledgling businesses will be looking for growth funding but are unsure of the best options.

As thousands of SMEs prepare for the AE challenge, Clare Abrahams, head of auto-enrolment at Lorica Employee Benefits explores the lessons they can learn from the large corporates who’ve already been through it.

With the introduction of auto enrolment pensions there’s been a lot of talk about the problems it can cause and some small businesses are even threatening to boycott the legislation.

New research reveals that 65 per cent of SMEs believe banks should be forced to provide details of SMEs they have rejected for funding to alternative lenders.

The government has announced today that people who have recently taken a tax-free lump sum from their defined contribution pension will be given 18 months rather than 6 months to decide what they wish to do with the rest of their retirement savings, and will not be put at a disadvantage should they wish to wait to access their pension savings more flexibly.

As the end of the tax year approaches, it’s a good time to think about how your business is structured, and whether you want to make a switch.

An accountancy firm that supports start-ups and small firms is to take part in a £30m government scheme designed to boost business growth.

To bring about lasting change, we need to change business behaviour and create a culture of prompt payment

As HMRC continue to crack down on tax avoidance, Ben Dunn FCA, Finance Director of JSA Services looks at the issue of Employee Benefit Trusts.