Adapting your business plan for the summer
With the summer holidays nearly here, small businesses, especially in the hospitality industry, face a distinct set of challenges.
How businesses can tackle late payments while preserving business relationships
There can be nothing more frustrating for business owners than waiting on payments from clients.
An overview of the Construction Industry Scheme and what it means for your business
The Construction Industry Scheme (CIS) is a Government initiative that allows contractors in the construction industry to deduct money from a subcontractor’s payments and pass it on to HM Revenue & Customs (HMRC).
Understanding salary and dividend payments for business owners and directors
As an owner or director, it may be possible for you to pay less tax on your income from your company through dividends.
Understanding and navigating job expenses
Navigating job expenses can seem daunting at first glance. There are a plethora of rules and regulations that can leave employees feeling overwhelmed.
Managing an Overdrawn Director’s Loan Account
Are you a company director contemplating a loan from your own business? If yes, it’s crucial to understand the workings behind the Director’s Loan Account (DLA) and the implications of an overdrawn director’s loan account (ODLA).
How to spot the early signs that your business may be facing financial difficulty
Many businesses across the UK have been financially affected by the cost-of-living crisis and the rise in inflation and have also suffered from the fallout of Covid-19 loan schemes and companies’ failure to make repayments.
New HMRC service allows businesses to set up online payment plans for VAT owed
HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up a payment plan online.
What are the different types of car financing?
A range of car financing options are available for individual buyers and businesses alike.
Corporation Tax: Upcoming filing deadlines and reminder about recent amendments
Recent changes HM Revenue & Customs (HMRC) made to the rate of Corporation Tax mainly affected larger businesses in the UK.
