It’s been a week of chatting to clients, which I absolutely love, and as always there’s a theme running through the conversations. …Read More
The way businesses reach out to consumers is constantly evolving and changing and social media partnerships and paid for content is now standard... thankfully my area is in "how the heck do you account for all this and what does it mean for your tax bill!?"
No, not a low quality joke from my Dad, I promise! Many small limited companies set up their directors pay so that they have a small monthly salary that is tax efficient and then top it up with monthly or quarterly dividends – which is perfectly legal and tax efficient, but there are a few key things to remember:Read More
My top five tips for writing a business plan are…Read More
The deadline for filing your self assessment for the 17/18 tax year is 31 January 2019 and although we aren’t taking on any additional self assessment work, here is your handy cut out and keep guide of what you will need to complete your return yourself … or to help you be prepared for that last minute hunt for an accountant who will be able to help you.Read More
When you run a business taking on your first employee is a big step, there is so much that you need to think about... first up on the blog - HMRC and PAYE !Read More
One question I get asked a lot is "I've got an idea for a second business; how do I structure it?". As with most things there is no definitive answer as it will depend on several factors: …Read More
A lot of businesses start from the kitchen table, the corner of the spare room. The reality is that unless there is a massive pot of cash to get you started then most businesses just can't afford premises from the word go. There are also plenty who are more established who may be able to afford them but make an active choice to remain home based as it suits their life better or they have the room so why not use it rather than line someone else’s pockets…Read More