Category Archive Business

Six simple ways to cut your business costs

June 12, 2024 Comments Off on Six simple ways to cut your business costs By Joshua Leigh & Co

The last few years have been challenging for many businesses across the UK. Between the aftereffects of Covid, inflation and issues with the supply chain, it has become increasingly difficult to make a profit.

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AI in tax investigations – What does it mean for you?

June 5, 2024 Comments Off on AI in tax investigations – What does it mean for you? By Joshua Leigh & Co

Artificial intelligence (AI) is undoubtedly a major trend in accountancy and tax, with many firms, business clients and Government agencies recognising its benefits and adopting it.

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Managing staff costs: Statutory payments and compliance

June 4, 2024 Comments Off on Managing staff costs: Statutory payments and compliance By Joshua Leigh & Co

Staff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what payments you have to make and how to plan for them.

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What should you avoid when transitioning to Making Tax Digital for Income Tax Self-Assessment?

May 30, 2024 Comments Off on What should you avoid when transitioning to Making Tax Digital for Income Tax Self-Assessment? By Joshua Leigh & Co

From April 2026, the Government’s Making Tax Digital (MTD) initiative will move to target self-employed individuals and landlords.

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Are you optimising profit extraction from your business?

May 29, 2024 Comments Off on Are you optimising profit extraction from your business? By Joshua Leigh & Co

If you’re a business owner of a limited company, it’s important that you know how to make the most of your after-tax profit to support your personal financial health – known as profit extraction.

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Director’s loans – A missed tax planning opportunity?

May 28, 2024 Comments Off on Director’s loans – A missed tax planning opportunity? By Joshua Leigh & Co

A director’s loan is a form of profit extraction from your company, often used alongside salaries, dividends and expenses.  

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Ten top tips for boosting your budget

May 24, 2024 Comments Off on Ten top tips for boosting your budget By Joshua Leigh & Co

Effectively managing your budget is crucial for business success, especially in challenging economic times.

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Is incorporation still the way to go for solid financial planning?

May 22, 2024 Comments Off on Is incorporation still the way to go for solid financial planning? By Joshua Leigh & Co

From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth – but is this still the right move?

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Streamlining your payroll set-up with employment and tax records

May 21, 2024 Comments Off on Streamlining your payroll set-up with employment and tax records By Joshua Leigh & Co

When your business takes on a new employee, we know that you’re eager to get them settled into their role – but not before you’ve completed the right checks and set them up in your payroll system!

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Starting a seasonal business? Here is what you need to know

May 16, 2024 Comments Off on Starting a seasonal business? Here is what you need to know By Joshua Leigh & Co

Are you considering launching a seasonal business? If so, you are beginning an exciting journey that comes with its own set of unique challenges and opportunities.

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