company van

More people enter into business vehicle leasing agreements at this time of year more than any other, but did you know that choosing to drive a van as your company vehicle, as opposed to a car, has tax advantages – …

Company car vs company van – which is more tax-efficient? Read more »

limited company

When you decide to form a limited company you are creating a separate legal entity with its own legal framework and accountabilities. Any profits or losses incurred belong to the company. So, when you’re managing the company you need to …

Limited company director’s responsibilities: What you need to know… 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 »

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 »

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 »

tax year

Going it alone and starting your own business can often be a bit of a culture shock! Terms that were not part of your everyday vocabulary, such as ‘tax year’, ‘financial years’ and ‘bookkeeping’, suddenly take on a whole new …

How to Prepare for the End of the Tax Year… Read more »

accounting tips

The life of a small business isn’t easy, your day is packed with jobs and other activities that need to be done, but they may not always be how you would like to be spending your time – keeping on …

Accounting Tips That Will Keep Your Small Business on track 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 »

gift aid christmas small business

At this time of the year many business owners and employees do tit-for-tat giving at Christmas – gifts to clients, gifts to contractors plus the office secret Santa, the result being, generally a whole lot unwanted tat. An alternative for …

Ditch the gifts and do some good this Christmas… Read more »