More than 4.5 million Britons (10 per cent) are planning to move in excess of £3.2 billion pounds between credit cards in the first three months of 2010, to take advantage of introductory balance transfer periods, new research from Santander Cards has revealed.
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.
Self employed motorbike commuters can save 40% tax
Motorcyclists can save up to 40% on the price of a bike following a quiet change to tax law, experts have said.
Buried in the recent Finance Act is a change which makes motorcycles used for work 100% tax deductable, according to leading accountants.
Cheques to be phased out by 2018
Cheques will be phased out by October 2018, as long as there are adequate alternatives developed by that time, the body that oversees payments strategy has said.
Are you ready for the VAT rate rise?
It is just a year since the Government rushed through, in a matter of days, a reduction in the VAT rate to 15%. We were told that this would stimulate the economy – whether it did or not is one for the political commentators – but the thirteen month temporary reduction is now almost at an end and we must prepare ourselves for a return to 17.5% VAT on 1 January 2010.
Cut out the excess fat on your costs
A recent study by the Chartered Institute of Personnel & Development concluded that making job cuts should be the last resort in the current economic downturn, after revealing that the cost of laying off an employee could be more than £16,000. Against this another study revealed that 69% of Financial Directors feel under pressure from board colleagues to find more ways to cut costs.
UK business missing major cost saving opportunity
New research reveals businesses could do much more to reduce their business expenditure as it isn’t just MPs and Cabinet Ministers that should have an eagle eye on their expenses. The same goes for businesses throughout the UK.
New Year is crucial time for cashflow
With the countdown to the New Year underway, new research reveals businesses are in for a tough time during the first quarter of next year. Bibby Financial Services is calling on business owners and managers to ensure they have their finances in order to help them avoid recessionary pressures and making cuts to their business.
Irish start-ups given an essential first step
A new scheme has been launched in Ireland called Outvesting to give new start-up businesses with an essential €5,000 of seed capital from investors all pulled together via Twitter.
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PayPoint.net, the leading online payments provider, and ePages, the foremost provider for online shops and website solutions in Europe, have joined forces to offer a comprehensive, scalable shopping solution for small and medium-sized online merchants.
Give your business a ‘cost healthcheck’
A recent study by the Chartered Institute of Personnel & Development concluded that making job cuts should be the last resort in the current economic downturn, after revealing that the cost of laying off an employee could be more than £16,000.
Against this another study revealed that 69% of Financial Directors feel under pressure from board colleagues to find more ways to cut costs. With Britain now officially in recession, how does a business keep costs in check to maintain a healthy bottom line without necessarily making redundancies?
Business owners bang on the money with employee claims
As MPs continue to face the aftermath of the expenses scandal, new research has highlighted that small businesses are well ahead of the government when it comes to transparency and expenses claims. More than eight out of ten (84%) business owners say they have always closely scrutinised expense claims forms and will continue to do so.
Businesses in ER
With insolvencies surging at an 18-year high, one segment of the economy benefiting from this trend is the turnaround investor.
Small businesses find some relief in budget
The chancellor introduced a boost to credit insurance and extended the scheme that allows businesses to offset tax incurred in boom times against leaner years
Business in ER
With insolvencies rising at their fastest rate for 18 years, these are good times for one group in the economy – the turnaround investor.
Green today gone tomorrow
It’s a special occasion and you’ve decided to spend your hard-earned cash on a hot air balloon ride for you and your true love. As you float through the sky without a care in the world, you feel calm, entirely protected by the glorified wicker basket which holds you aloft. It’s a picture of romantic bliss, complete with chocolates, strawberries and a bottle of Dom Pérignon chilling in a bucket for later. But whatever you do, don’t look down!















