Top tips for being a successful business owner amid financial challenges

Blue,Up,Arrow,And,Coin,Stacks,On,Pastel,Background.,Financial

Top tips for being a successful business owner amid financial challenges

Aug 03, 2023

Running a successful business in the UK is a challenging yet rewarding endeavour. As a business owner, you face unique opportunities and obstacles in this diverse and competitive market. The current financial climate is also very turbulent which could be causing you ...

Online,Tax,Payment.,Filling,Tax,Form.,Calendar,Show,Tax,Payment

Blog, Business, HMRC

How businesses can navigate and avoid tax disputes with HMRC

Aug 01, 2023

Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60 per cent of businesses are currently embroiled in a tax dispute with HM Revenue & Customs (HMRC) that has lasted ...

Protect,Retirement,Pension,Money,From,Fraud,,Ponzi,Scheme,Or,Cost

Blog, Tax

Beneficiaries could see inherited pensions taxed as new proposals by HMRC are published

Jul 27, 2023

Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax and Income Tax if it is under the Lifetime Allowance (LTA). But HM Revenue & Customs ...

Tax,Return,3d.,Electronic,Information,On,Income,,Profits.,Time,Of

Blog, Business, Tax

HM Revenue & Customs pledge £5.5 million to support customers

Jul 25, 2023

HM Revenue & Customs (HMRC) has recently stated that they will pledge £5.5 million to organisations who are in the voluntary and community sectors to help support customers organise their taxes. The last voluntary or community sector organisation (VCS) grant was ...

Sustainability,Illustration.,Sustainable,Clean,,Renewable,Energy,Sources,And,Green,Electricity.

Blog

Understanding ESG investments – What should you know?

Jul 20, 2023

The financial landscape in the UK, as well as globally, is in a constant state of change. The current focus is very much based around Environmental, Social, and Governance (ESG) investments. The growing worldwide concern for climate change, social justice, and corporate ...

Payment,Notification.,Payment,Due,Date.,Billing,Deadlines.,Still,Active,Or

Blog, Business, SMEs

How businesses can tackle late payments while preserving business relationships

Jul 18, 2023

There can be nothing more frustrating for business owners than waiting on payments from clients. Unfortunately, these instances happen frequently, and while some payments will come in only a few days late, other payments can take a lot longer and will ...

Object,Block,Step,Stair,Children,Theme,Small,Toys,Flag,Learning

Blog

Ensuring your small business is prepared for the future

Jul 13, 2023

In the ever-changing business landscape that we see today, merely reacting to events as they occur is not enough. For your small business to thrive, you must be proactive – anticipating future trends, challenges, and opportunities. Planning and executing financial strategies ahead ...

Blog

What expenses can limited companies and sole traders claim?

Jul 11, 2023

Whether you are the owner of a limited company or a sole trader, it is important to understand the expenses you can claim and the tax savings that these expenses bring. Allowable expenses can significantly reduce the amount of Corporation Tax ...

Business decision making, career path, work direction or choose the right way to success concept, confusing businessman looking at multiple road sign with question mark and thinking which way to go.

Blog

Exit strategies – What should you consider for when the time comes?

Jul 06, 2023

Exiting a business is a significant milestone for any entrepreneur or business owner. Ensuring a smooth and successful exit is the best thing you can do for your business and will give you peace of mind as you depart. But what steps ...

Old,And,Worn,Colorful,Construction,Helmets

Blog, Tax

An overview of the Construction Industry Scheme and what it means for your business

Jul 05, 2023

The Construction Industry Scheme (CIS) is a Government initiative that allows contractors in the construction industry to deduct money from a subcontractor’s payments and pass it on to HM Revenue & Customs (HMRC). These deductions count as advance payments towards a ...

Blog