What Can I Buy Through My Business?

What Can I Buy Through My Business?

Because businesses pay tax on their profits, they can claim the tax back on things they have brought for business purposes. This can help you to save a lot of money if used properly but can also get you into some serious trouble if you abuse the system. We've all...

The Dangers Of Not Having An Accountant For Your Business

The Dangers Of Not Having An Accountant For Your Business

Whether you’re a small, medium, or large business you’ll have to deal with a large amount of invoices, receipts, and statements about money flow. You can end up overwhelmed by the amount of paperwork involved in keeping your finances in order. So, by hiring an...

What Do You Need To Know About Maternity Pay?

What Do You Need To Know About Maternity Pay?

When an employee (you) takes leave for pregnancy, you take maternity leave. Employees on maternity leave (or ‘maternity’ for short) are usually eligible for maternity pay--39 weeks of it in some cases. Now, there’s some great news for those of you on maternity leave:...

4 Tips on Getting Ready for the New Tax Year

4 Tips on Getting Ready for the New Tax Year

As a business owner, you have probably heard the saying that states the only two things in life that are certain are death and taxes. For businesses of every size, the end of the tax year is one of the busiest times, and according to a study carried out by the...

Government Hints That £100 Late Tax Return Fine Could Be Scrapped

Government Hints That £100 Late Tax Return Fine Could Be Scrapped

It's one of the biggest concerns for the self-employed: Fail to hand your tax returns in on time and you face a £100 fine. Now, according to insiders, the Government is looking at removing the fine. Last year, 840,000 people were automatically slapped with the £100...

Six Common Reasons for Business Loan Application Rejection

Six Common Reasons for Business Loan Application Rejection

It's one of the biggest concerns for the self-employed: Fail to hand your tax returns in on time and you face a £100 fine. Now, according to insiders, the Government is looking at removing the fine. Last year, 840,000 people were automatically slapped with the £100...

Accounting Tips To Sort Your Finances This Summer

Accounting Tips To Sort Your Finances This Summer

It was supposed to be so easy. The new pound coin was introduced earlier this year, and we all have until the 15th October to spend the old-style coins or trade them in at the bank. It couldn’t be simpler. Well, it seems even the best-laid plans go wrong, if the...

The Gig Economy: What Is It and Is It Right For You?

The Gig Economy: What Is It and Is It Right For You?

With up to date accounts and a sound system in place, you're free to spend time building a business instead of worrying about day to day finances. Sorting out muddled accounts can seem like a huge challenge, but when approached systematically it's not too difficult....

The Rise of Working While We’re Sick

The Rise of Working While We’re Sick

The gig economy is booming. And you can thank the internet for its meteoric rise, making it easier for people to network, promote their services and, ultimately, be their own boss. That, in a nutshell, is what the gig economy is: Work based on short-term contracts and...