It has been estimated by the Small Business Commissioner that late payments are causing 14,000 businesses to close each year. That is equivalent to 38 businesses a day!
Category Archives: SMEs
The top tax-saving opportunities that are often missed by SMEs
Nobody wants to pay more tax than they need to. For SMEs, paying the right amount of tax has become more important than ever.
Government borrowing at record high – how will your business be affected?
Anyone even tangentially involved in UK economics will have noticed that the future is not looking bright. Continue reading
How Dumbarton FC beat the drop – and what SMEs can learn from their business revival
More often than not, football clubs are seen as a billionaire’s plaything, where lavish amounts of money are spent at the drop of a hat on somebody to kick a ball about. Continue reading
Is incorporation still the way to go for solid financial planning?
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From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth – but is this still the right move?
Concerned about Capital Gains Tax changes? Here’s what you need to know.
The start of the 2024/25 financial year saw the Capital Gains Tax (CGT) Annual Exempt Amount fall to a historic low of £3,000, down from £6,000 the previous year.
Plan a little, achieve a lot – Destress with effective tax planning
April marks both the start of the 2024/25 tax year and Stress Awareness Month – a coincidence not lost on those of you who are turning your attention to tax planning for the coming year.
Funding for growing businesses – Obtaining and managing private investment
Funding for businesses can come in a range of forms depending on your needs, creditworthiness and projected ability to make repayments.
Cloud accounting isn’t right for my business! We disagree.
We have come across this common misconception time and time again from business owners who want to embrace the power of cloud accounting but don’t think it’s right for their business.
Government Gateway to be replaced with single login system
In a bid to simplify the way in which taxpayers and agents use online services, the Government is rolling out plans to replace Government Gateway accounts with a new system.