Category Archive SMEs / Business

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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How SMEs can benefit from £6.4 million AI training fund

May 9, 2024 Comments Off on How SMEs can benefit from £6.4 million AI training fund By Joshua Leigh & Co

The Department for Science, Innovation and Technology (DSIT) has recently introduced a vital initiative targeted at small and medium-sized enterprises (SMEs) in the Professional Business Services sector.

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Concerned about Capital Gains Tax changes? Here’s what you need to know.

May 8, 2024 Comments Off on Concerned about Capital Gains Tax changes? Here’s what you need to know. By Joshua Leigh & Co

The start of the 2024/25 financial year saw the Capital Gains Tax (CGT) Annual Exempt Amount fall to a historic low of £3,000, down from £6,000 the previous year.

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Changing your VAT details? Remain vigilant over latest fraud activity

May 7, 2024 Comments Off on Changing your VAT details? Remain vigilant over latest fraud activity By Joshua Leigh & Co

HM Revenue & Customs (HMRC) has issued a warning to businesses over fraudulent attempts to access VAT repayments via postal form VAT484.

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Is it time to scale up your start-up?

May 2, 2024 Comments Off on Is it time to scale up your start-up? By Joshua Leigh & Co

Scaling your start-up is a crucial decision for business owners, as it can directly impact the business’s long-term success.

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The most common VAT filing mistakes – and why MTD is the solution!

April 30, 2024 Comments Off on The most common VAT filing mistakes – and why MTD is the solution! By Joshua Leigh & Co

If your business has a turnover of £90,000 or more and sells products or services subject to VAT, then you must register to pay it and file a return to HM Revenue & Customs (HMRC) – at least once every three months.

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How your business can benefit from using Management Accounts

April 25, 2024 Comments Off on How your business can benefit from using Management Accounts By Joshua Leigh & Co

Management Accounts consist of regularly updated reports for both internal managers and external stakeholders or investors.

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Ahead of the 6 July deadline, remember that P11D rules are changing

April 23, 2024 Comments Off on Ahead of the 6 July deadline, remember that P11D rules are changing By Joshua Leigh & Co

If you choose to offer certain benefits to your employees, then you may incur additional Class 1 National Insurance (NI) liabilities which must be reported to HM Revenue & Customs (HMRC).

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