Getting to grips with the basics of accounting, financial management and business strategy can be a challenge. To make things easier,...

Economic uncertainty is an ongoing worry for any business owner. You can control your own financial management, but you don’t have any...

Ready to scale your trade business? Imagine it as climbing a challenging peak – your venture starts at the base, and ascending to the...

Attention all trade professionals! Do you have your skills & services down pat, but pricing is giving you a headache? Hourly rates might...

In tough economic times, small businesses can struggle. Big multinational chains often have the scale to undercut local competitors and...

As your business scales, the complexity of your systems, data and management information will grow at a similar pace. And if you're using...

Tired of paying rent for your commercial premises and considering buying a premises for your business? Owning a building works best if...

The profitability or earning capacity of a business may depend on one person or on a small number of people. Where this is the case, the...

If you have a company that is dormant and you have filed your company tax return showing that no tax is due, you may think that there is...

The end of a business will not necessarily mean that no further expenses are incurred. Where expenses are incurred after the business has...

Owners of personal and family companies frequently pay themselves a small salary and extract further profits as dividends. To utilise the...

Earlier this year, HMRC sent ‘nudge’ letters to social influencers who they suspect may not have declared the tax that they owe. They...

Where an individual realises a chargeable gain on the disposal of a UK residential property, they must report the gain to HMRC within 60...

Business rates, rather than council tax, are charged on most non-domestic properties, such as shops, offices, warehouses, pubs,...

Recent tax changes, in particular the interest restriction for unincorporated property businesses with residential lets, have resulted in...

The decision to acquire a business asset, be it a van or any other type of machine, will generally depend on how it is intended to...

Voluntary disclosure involves individuals or businesses coming forward to inform HMRC of any errors or omissions in their tax returns,...

The High-Income Child Benefit Charge (HICBC) is a tax charge that claws back child benefit where the claimant or his or her partner have...

Common NMW errors to avoid Workers are entitled to be paid the National Living Wage (NLW) or Minimum Wage (NMW) for their age. Employers...

In setting up a trade it is inevitable that expenses will be incurred before the trade actually commences. Expenses may be incurred on...