Payroll For The Small Business
Payroll for the small business can be one of the biggest challenges. Most business owners don’t have experience dealing with this tricky aspect of accounting. We’ve had a few queries recently asking us for tips on payroll for the small business. We’ll start by saying this is an area where we always recommend getting professional… View Article
5 Questions to Ask If You Want Your Startup to Survive and Thrive Through Brexit
Brexit will continue to be a major topic of political discussion for consumers and businesses alike – understandably causing stress and tension for the country in general. The UK officially left the EU on 31st January and is now in a transition period until 31st December 2020. While the negotiations on trade agreements and other… View Article
How to Claim EIS Income Tax Relief: A Step-by-Step Guide
The Enterprise Investment Scheme (EIS) has been designed to increase investment in the early development of high potential growth businesses. The scheme is similar to the Seed Enterprise Investment Scheme (SEIS) although that remains more focused on very early-stage companies. EIS rules for investors The EIS was launched back in 1994 and it succeeded the… View Article
Capital Gains Tax: What Rates Are Available?
In November 2020, the Office of Tax Simplification (OTS) published its report on Capital Gains Tax on the different tax rates available under CGT, the amount of taxes collected and how the tax affects people’s behaviour in order to give recommendations for simplification. Below we look at some of the different tax rates currently, as at… View Article
What Is Business Strategy?
Business strategy (or “strategic management”) is an often overlooked part of running a small business. Whether you do it yourself, or bring in a professional, it’s essential to set clear goals. Wikipedia defines business strategy as: In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken… View Article
Furlough Scheme Extended To End Of March – What You Need To Know
The government have announced the Coronavirus Job Retention Scheme (CJRS) – more commonly known as ‘furlough’ – has been extended until the end of March 2021. Only a few days ago, the Chancellor announced the CJRS would be extended for the duration of England’s lockdown until the start of December. But on Thursday, he further… View Article