No matter what size your business, there comes a time when you have to consider which is best for your transactions: cash or card! Even before the pandemic, studies were…
Business Asset Disposal Relief is a kind of tax relief which allows company directors reduce Capital Gains Tax after disposing of an asset. Capital Gains Tax (or CGT) is a…
When you’re running a business you need to look after your accounts. And you might be considering whether you need outsource to a bookkeeper. Whether you’re a fledgling limited company…
As inflation and other costs rise, running a business is more costly so lending money to your limited company might be worth considering. If you need new equipment or the…
You don’t have to be selling up to wonder about the value your business. There are a number of reasons why you may need to know what it’s worth, which…
Running a business involves lots of paperwork – including filing legal documents, such as the CS01 or Confirmation Statement. And while it’s not the most exciting way to spend your…
Around four million limited companies are registered in the UK. In Tyne and Wear, latest figures show that 7,838 companies were formed last year – with the most being incorporated…
One of the few remaining tax breaks for limited companies are pension contributions. As a company director – and for any employees – it is worth considering taking advantage of…
VAT must be paid on certain goods and services – which we’ve looked at before – but some people ask: What happens if you don’t register for VAT? You must register for…
There is often confusion around whether directors need to fill in self assessment forms. The simple answer is it depends! That may not appear to be helpful, but it really…