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A selection of great tools, business guides and articles to help make your business a success
Showing 45 - 66 of 90 articles
One of the differences between being paid by an employer and running your own business is having to sort out your own pay. You can do this by taking a salary from your limited company - in the same way as a regular employee. Here are the benefits of taking a high or a low salary, without the jargon.
From understanding expenses to starting a limited company, we've a range of jargon-free business guides for you to download and keep.
Contractors registered under the Construction Industry Scheme (CIS) are required to deduct tax from their payments to subcontractors. These deductions are paid by the contractor to HMRC as an advance towards the subcontractor’s tax liabilities.
Everyone knows it’s legal to evade tax but completely illegal to avoid it, right? Wrong. Confused? You’re not the only one.
Benefits in kind are benefits that employees or directors receive from their company which aren’t included in their salary or wages. They’re also sometimes called ‘perks’ or ‘fringe benefits’. Not all benefits in kind are treated in the same way by the tax system, so here's what you need to know.
For small businesses, keeping the tax inspector happy is high on the list of priorities. We look at five ways to keep compliant and things running smoothly.
What is the Tax-Free Childcare scheme? How does it work, and how do you apply for it? Read on for everything you need to know about the new scheme.
What expenses can you claim when your business attends conferences? We explore the different ways to ensure you're tax efficient.
Thinking about selling your limited business? You'll need to know about entrepreneurs' relief.
Want to make this tax year the most profitable yet? Our top financial resolutions and guidance will set you on the course to success.
Self-employed and struggling to deal with Self Assessment? Start the tax year positively and make next year’s Self Assessment as painless as possible - get some expert advice from our client managers.
Why use online accounting software when you can download an Excel spreadsheet for free? Well, the reasons are numerous, sophisticated online accounting software can give you a clear picture of your business finances, anywhere, anytime and help with all your mandatory filing and record keeping.
Filing early will mean you avoid the mid-January dread felt by many freelancers & contractors, and enjoy a well-earned worry-free rest over the holidays.
An EYU therefore enables you to amend (‘update’) any payroll data previously submitted to HMRC for an employee or director of your limited company after 19th April, for the preceding tax year, even if your payroll is closed.
We’re fast approaching the end of the tax year on 5th April, and now is usually a good time to get to grips with any tax changes, so you can maximise your tax efficiency for the outgoing tax year and get your business prepared for the new tax year. You’ll also want to stay up-to-date with the rates and thresholds.
In 2018 the changes aren’t as substantial as in previous years, where we’ve had to deal with things like limited cost trader and public sector IR35. We’ve put this article together to highlight the main changes.
We all agree that donating to a charity is good for everyone but did you know that there are tax-efficient benefits to donating? We take a look.
Think UK tax laws are ridiculous? Americans living and working abroad are taxed simply for being American. We take a close look.
Dividends are, put simply, payments made to company shareholders from the profits of a company after corporation tax.
FRS 105 is the Financial Reporting Standard applicable to micro-entities in the UK (issued by the Financial Reporting Council ).
Capital Gains Tax comes into play when you make a profit from selling something you own. The important point to remember is that the tax is calculated on the profit you make, and not the amount you sold it for. As the name suggests, it’s all about the gain! Here's a quick breakdown of what you need to know.
This article will cover exactly what a director’s loan entails, the guidelines to abide by, and your tax obligations. This way you will avoid any, albeit unintentional, illicit activity. Don’t worry, we’ll explain everything you need to know about director’s loan accounts with as little waffle or jargon as possible.
HMRC's systems can be a little tricky to navigate, and you might not always know which department you're looking for. Thankfully, we've compiled a handy guide to point you in the right direction.
We've collated a selection of free tools and resources for you to help make running your business a breeze. With everything from software to templates you can work out your take home pay, chase that unpaid invoice and calculate your IR35.
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