As far as business challenges go, carrying too much stock may seem like a good problem to have. After all, your stock represents all of your future profit potential. But when your warehouses are filling up faster than your delivery vans, things can spiral quickly. Read More
More and more customers are taking to the internet for their everyday shopping needs. In fact, more and more customers are taking to the internet for their one-off shopping needs too. So, where does this leave your physical business? Read More
If you have a product that you’d like to launch but you don’t have the money to do it, who do you turn to? Should you seek an investor or apply for a loan? There is a third option available – crowdfunding. This increasingly popular method of financing a project is helping businesses launch their products into the market. Read More
There were 3.1 billion personal data records breached in 2016, according to IT Governance. Many businesses have been caught out by cybercrime already and many more remain at high risk. Because of the large number of many different ways cybercrime can be carried out, you would be forgiven for thinking that it is impossible to protect your SME from cybercriminals. Read More
As far as business challenges go, carrying too much stock may seem like a good problem to have. After all, your stock represents all of your future profit potential. But when your warehouses are filling up faster than your delivery vans, things can spiral quickly. Read More
You’ve been a contractor for a number of years now. You’ve rightly, correctly, and legally enjoy the tax benefits of running your own limited company when you’ve been carrying out work for the bank of reliable and well-paying clients it’s taken you a long time to build up. The amount of value you’ve added to your clients’ businesses must surely run into millions through the innovation and input you contributed. Read More
In the last couple of years, there has been a growing number of claims to HMRC for business property relief on holiday homes. Read More
The thought of the prospect of dealing with additional paperwork for a limited company may seem quite daunting if you’ve just set one up. The good news is that, with the right accountant by your side, it’s not that difficult to comply. In fact, the job of an accountant is to save you nearly all of additional hassle of paperwork and compliance and the goal of an accountant is to save you more in taxes by making sure that you claim for everything than you spend on their fees every year. Read More
The clock is ticking - Making Tax Digital is edging closer each day. Not only does this mean that, if your business is VAT-registered, you have to start paying your VAT via the Making Tax Digital platform but you’ll be one of the first taxpayers to road-test the “Real Time Tax” system. Read More
Many contractors choose to run a company car to get them to and from clients’ locations but what are the tax implications involved with doing so? As is so often the case with HMRC, it’s not as simple as paying for the car and using it – there’s always going to be something you can be taxed on. And in this instance, that tax is a benefit in kind. Read More
