business survive challenging times

In this ever-changing economic climate, many small business owners, sole traders and self-employed individuals are looking for ways to protect their businesses for the financial year ahead. April is an ideal time to give your business a bit of a …

Tips To Help Your Business Survive Challenging Times… Read more »

As a sole trader how do I pay myself

If you are a sole trader, you can simply take money from your business bank account to pay yourself as a sole trader (we strongly recommend that you use a separate business bank account for your sole trader finances). And …

As a sole trader, how do I pay myself? 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 »

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 »

limited company

Business owners are often unsure about which entity to trade as – sole trader, partnership or limited company. Regardless of size, ownership structure, industry etc, generally there is no legal obligation to trade using a particular entity, but there are …

Are you “Limited” in Business? Read more »

tax return

Sole traders across the UK will notice letters from the taxman dropping through their letterboxes in the days ahead, reminding them that the tax year has ended and it’s now time to file their Self-Assessment Tax Return. Of course, the …

Don’t delay – Submit your tax return today! Read more »

know your numbers

As a freelancer, sole trader or small business owner, other than knowledge of your own trade the most important thing to keep on top of in your business are the numbers. Income, expenses, cashflow, projections, first-hand knowledge of these will …

Do you know your numbers? Read more »

tax-saving

Anyone running and owning a small business will tell you this one thing “be careful with tax – it’s not straightforward!”, in fact, it can be a real minefield for the unprepared. However, taking time and working closely with a …

Tax-Saving Tips for Small Business Owners Read more »

tax deduction

When completing your tax return a good accountant will check that all of your tax deductions are included. Sadly, however, some are less pro-active and will simply process the details you give them, without looking for extra tax savings. So, …

Tax Deductions – Are you losing out? Read more »