small business survival guide

As a business owner you know that running a company isn’t always a walk in the park! Being your own boss comes with a lot of “ups” but it also can throw up its fair share of “downs”, these can …

Small business survival guide – techniques that could provide a lifeline in tough times… Read more »

new tax year

The new tax year will start on 6th April 2021. Tax years are normally referred to by the two years that they span over, so the new tax year will be “2021/22” and when you’re running your own business, the …

Spring into action for the new tax year… Read more »

How long do I need to keep business invoices?

“How long do I need to keep business invoices?” This is a question that new sole traders and company directors often ask. Before we answer that question, we think it is probably more important to clarify just what invoices you …

“How long do I need to keep business invoices?” Read more »

tax returns

If you are wondering “What happens if you submit and pay your tax return late?”, we’ve detailed all the information you need here… What happens if you’re late filing your income tax return? If you miss the due date to …

Late income tax returns, errors and mistakes – what will they cost you? Read more »

accounting top tips

The life of a business owner is filled with ups and downs, and while this year may have seemed to have quite a few downs, there’s still time to round of these twelve months on an upward trajectory with our …

Accounting top tips for small business owners to end 2020 in good shape. Read more »

furlough

HMRC has published new guidance which explains what steps it will take to recover furlough payments that have been wrongly claimed. HMRC accepts that ‘mistakes happen’ and says that it isn’t looking for ‘innocent errors’. Instead, it is going to …

Think you might have overclaimed on Furlough Scheme? What to do next… Read more »

Top tips to ensure you keep your eye on the fine financial details of your business…

Now, more than at any other time, knowing the state of your business finances inside out, is more important than ever and it could be the key to surviving this pandemic, and any subsequent economic downturn. So we have pulled …

Top tips to ensure you keep your eye on the fine financial details of your business… Read more »

Help is available for small businesses during the coronavirus crisis - A quick summary...

Throughout the pandemic, the government have announced a number of measures to help small businesses cope with coronavirus, including support for those that need to pay statutory sick pay and changes to the benefits system to help employees on zero-hour …

Help available for small businesses during the coronavirus crisis – A quick summary… Read more »