Extracting profits from a business
What are the tax implications? People run businesses for a variety of reasons from passion to pride, but making a living is high up the… Read More »Extracting profits from a business
Business Advice
From sole trader to a limited company
What to expect from incorporating your business With a new tax year almost upon us, many sole traders will be reviewing their business structure and… Read More »From sole trader to a limited company
Accounts for limited companies
Audits may be a thing of the past, but certain annual reports still apply. If you’re a business owner, you may be familiar with the… Read More »Accounts for limited companies
Patent Box
Reducing corporation tax due on patent income. The patent box regime applies a reduced rate of corporation tax to profits attributable to qualifying patents and… Read More »Patent Box
Measuring business performance
What are the best ways to assess your firm’s performance? Changing market conditions make it more important than ever to measure your business’ performance on… Read More »Measuring business performance
Rising national living wage hits SME profits
The NLW increased from £7.20 to £7.50 per hour on 1 April 2017. Out of 835 businesses surveyed by the Federation of Small Business (FSB),… Read More »Rising national living wage hits SME profits
Gender pay gap reporting becomes law
Employers with more than 250 staff are now required by law to report gender pay gaps, following the introduction of new legislation. Employers must publish… Read More »Gender pay gap reporting becomes law
Improving Cashflow
A guide to maintaining a healthy balance between money coming in and out of your business. If your business does not have a steady stream… Read More »Improving Cashflow
Employee Benefits
A guide for employees on the tax implications of accepting common employee benefits. Most employers provide a range of benefits in kind to their employees.… Read More »Employee Benefits
Interest Free Loans
It is common for owner managed businesses to receive loans either from the owner/director (Director’s Loan Accounts) or from related companies with common ownership. It… Read More »Interest Free Loans