From 1 April it is compulsory for businesses to file their VAT online, as part of the government’s campaign Making Tax Digital. However, with 1.2 million UK companies expected to be affected by the new format, there are serious questions about whether organisations across the country are efficiently prepared.
A new competition offers small businesses their chance of a share of £2 million of government funding. The aim is to support UK businesses that help create and roll out productivity-boosting technology and management practices to companies across the country. Article by Nick Green.
Many small businesses still don’t have key person insurance in place – and are putting their future in jeopardy as a result. Neil Adams of Drewberry Wealth Management explains why it’s increasingly a must-have.
Is Sherlock Holmes’s hat tax-deductible? Does Mary Poppins claim for professional indemnity insurance? The tax returns of fiction’s greatest heroes and villains have been a closed book – until now! We bring you the most page-turning guide to self-employed expenses you’ll ever read. Article by Nick Green.
The UK is scheduled to leave the EU on 29 March 2019. The effects on your business could be far-reaching and in many cases are still uncertain. This summary of what we know so far should help you to prepare for the switch. Article by Nick Green.
Do you dream of being your own boss? And would it suit you? Would you miss your steady salary and paid holiday, or do you crave more flexible hours? We weigh up the pros and cons of going it alone. Article by Nick Green.
If it’s your goal to grow a thriving business, it’s vital to have a safe pair of hands handling the accounts. Inaccurate bookkeeping can harm your business and can even result in severe penalties – but having strong financial statements can save you in many different ways.
It used to be the preserve of big businesses – using sophisticated financial models to plot possible future business outcomes. But modern accounting is levelling the playing field. Rachel Lawrence of accountants Albert Goodman LLP explains why scenario planning isn’t just for the big boys.
Behind every great entrepreneur is an equally clever accountant. But it’s not just business owners who need them now. With more and more people making money from multiple sources and potentially paying too much tax, isn’t it about time you found a hot-shot accountant of your own?