Having general accounting knowledge is crucial for any business owner, especially during tax season. Understanding common accounting terms is highly beneficial, as you will identify how they relate to your business and how it is performing. To help, we have compiled ...
READ MOREAre you thinking about the tax implications of your estate and what this could mean for your loved ones after you pass? If you have a high value estate, this could impact your beneficiaries significantly as they may not be able ...
READ MOREAre you planning on claiming the UK state pension? You must check your National Insurance (NI) record before 5 April 2023. Are you eligible for the UK state pension? To be eligible for the maximum ‘new state pension’, you must have 35 ...
READ MOREIf you are running a business, handling VAT returns can be complex. You may have submitted returns with errors previously if you were unsure of what to do and could be at risk of further investigation or fines from HM ...
READ MOREAre you hoping to run a successful start-up in the hospitality sector? As an ever-changing and competitive market, the road to success is often paved with challenges, requiring a considerable amount of time, patience, and hard work. Be clear about your goals From ...
READ MORECloud accounting offers many useful features that can help to save time and make your business more efficient. If you aren’t already using cloud accounting technology to advance your business, you should consider making the change. Following HM Revenue & Custom’s introduction ...
READ MORESelling a business in the UK can be an exciting journey for those looking for opportunities to expand their portfolio. From securing the best deal to navigating complex tax laws and regulations, it's important to plan ahead and secure expert advice ...
READ MOREIf you are a business owner, you need to consider what to take in salary or in dividends. Having the right balance of these may seem difficult, but it is an important element of managing your business. The UK tax system allows ...
READ MOREAs a new business owner, you may feel you can manage your workload single-handedly. However, this will not always be the case. As your business grows and evolves, you will eventually need an extra set of hands, meaning you will need to ...
READ MOREThe cost-of-living crisis can be a challenging time for businesses, with many additional costs being added to business expenses. As a result of this, many business owners are faced with difficulty including staffing costs and decisions such as whether to raise ...
READ MORE© Walker Begley 2024. All rights reserved. Regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Registered in England and Wales no. 5280582