Blog
Why you Should Pay your Corporation Tax Early
What is Corporation Tax and who pays it? Corporation Tax is a tax paid by all UK limited companies and it is based on the annual profits that a company generates. Sole traders and partnerships do not pay Corporation Tax and instead they are required to complete a tax...
Making the Entrepreneurs Dream a Reality
When entrepreneurs set up their businesses the journey usually starts with a dream. Not a dream in the in the sense of “I had a dream last night….” but more of a vision about how their business idea will make them successful and wealthy. And successful and wealthy can...
Maxing Tax Digital (MTD) – April 2022 VAT Changes
For anyone whose business has been voluntarily registered for VAT, you will soon need to change how you file those returns and you will also need to take on digital record keeping for your VAT accounts. These changes are coming because Making Tax Digital for VAT will...
Understanding your Tax Code
In the UK, employers are legally bound to deduct income tax from their employees in advance of wage and salary payments through PAYE (pay as you earn). Self-employed workers are subject to the same system, but instead must calculate and pay their own tax directly to...
Strategic Business Planning
If you don't know what the target is, how can you expect to hit it? It is a fact that, for almost all of us, when making key decisions in our lives; buying a car, choosing where to live, getting married, even going on holiday, we create a plan or strategy to ensure we...
Directors beware. You can run, but not hide
How many times have we heard that a Company that has outstanding liabilities has been dissolved by the Director at Companies House without going through a formal Insolvency process and then the Director appears to have successfully set up a new Company
Do I even need an accountant?
If you are just starting out in business, and with an endless list of tasks to complete and costs to cover, you might well be wondering how necessary an accountant is. It’s not a ridiculous question either as every cost incurred at this point in your journey needs...
What every 40 year old should know about Wills
Guest post contributed by Peter Earle, Specialist Estate Planning Consultant with Legacy Legal If the past 12 months have reminded us of anything, it is that we have no control over when we die or what our cause of death might be. The majority of Covid-related deaths...
The Value in Management Accounts
What exactly are management accounts and how do they help small business owners? In summary, Management Accounts are financial reports produced for business owners and managers, on a monthly or quarterly basis. They generally include a Profit & Loss (P&L)...
Outplacement for Businesses of all Size
Outplacement is not only for large organisations; small business owners also can - and should - provide this support to employees they let go of. The past year has been extremely challenging for most businesses and although the government has designed support...
Shareholder Protection for your Business
For many business owners, running a company is a time consuming and complex affair, and as the past year has shown, that complexity could always be added to by the unimaginable. With so many conflicting needs and pressure points, attention is not always paid
Recovery Loan Scheme
Launched on 6 April 2021, the new government-backed Recovery Loan Scheme (RLS) promises businesses continued financial support as the earlier coronavirus loan schemes such as BBLS and CBILS come to an end. Similar to those earlier funding initiatives, the scheme aims...
What we’ll do for you
Find out more about how we help businesses in South West London and beyond and start building the right package of support to nurture your business.
