An estimated 750,000 people missed last year's self-assessment deadline for submitting their tax return. Were you one of them? What was your excuse? And how can you make sure that you aren't late this time?
Nearly everybody’s got a great business idea – but only a few succeed in turning their reverie into revenue. What’s their secret? We bring you six tips for getting your venture off the drawing board and into the marketplace.
Business rates are becoming one of the biggest overheads for small businesses that have premises valued at over £12,000. With recent valuation surges proving devastating for some, are there practical solutions for business owners who want to minimise their bill?
A controversial tax change is set to be rolled out in 2020, with serious implications both for contractors and the businesses that hire them. However, both can take steps to reduce the risk of being sunk by the IR35 trap.
A leading challenger bank has unveiled plans to lend £400m to small businesses, offering a welcome boost for those seeking funding. But with so many potential financing options available, entrepreneurs need to choose carefully.
For growing numbers of people, the 9-to-5 job is giving way to five to nine mini-jobs at once. With technology allowing for multiple income streams, it’s vital for ‘gig-workers’ to take better control of their personal tax and financial planning.
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 31 October 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.