Unlock Financial Clarity: The Benefits of Matching Your Company and Personal Tax Years
Align Your Business with Your Personal Finances: The Year-End Switch Many business owners, including myself and numerous clients, have discovered a simple yet effective strategy to streamline their finances: changing their company’s year-end date. Why Consider This Change? When you incorporate a new company, Companies House assigns you a default financial year-end, typically 12 months […]
Running your business sustainably – an additional cost or a great opportunity?
With COP 26 being held in Glasgow in November – there will be a renewed focus on how businesses can be truly sustainable.
My NUMBER ONE tip in running your business
Look – there are probably significantly more insightful tips from business gurus on how to make your business a success. Could it be Reels and TikToks, SEO optimization or investing in crypto. Potentially all of the above!
The common pitfalls for directors of Limited Companies – and how to avoid them
So you’ve registered with Companies House, paid the £13 fee and have your model articles of association and share capital holdings published on their website. Simple, right?
Does the 2021 budget go far enough for small business owners?
Thoughts The budget announcement this week was certainly historic – it’s been an unprecedented year and many tuned in to find out how the measures announced could impact them. Both the self-employed and limited company directors have found the last year particularly challenging – with access to support from the government either being simply not […]
Brexit and VAT- what do UK based Etsy sellers have to consider?
Britain ceased to be part of the European Union on 1 Jan 2021 – leaving a number of Etsy sellers with European customers – with more questions than answers. After months of speculation – there was a collective sigh of relief that – under the new trade agreement – custom duties aren’t payable when goods […]
What do I need for my income tax self-assessment return?
As the tax year 20/21 comes to an end on 5th April 2021 – why not get your self-assessment out of the way early doors. Things you will need: – UTR number – HMRC website login and password – NI number – P45 – if you have left your employment in the tax year – […]
Working from home – tax savings to think about for the self-employed
This is a topic which I get asked about a lot. And with more time spent at home in the pandemic it’s even more likely that there can be some real tax savings to be made. I’ve seen a real boom in new businesses springing up – taking advantage of unique opportunities created by the […]
Should I set up a Limited Company?
This is a question I often get asked from my clients – and it’s a good one. There are many advantages and disadvantages to explore. In this blog post – I’ve selected my top three of each to consider. Advantages Limit your liability Whilst running your business through a limited company, you enter into agreements […]
