The new year is well underway and it’s time to give your business finances a health check for 2025. While year-end is a few months away for most companies, 2025…
If you’re considering buying a franchise there are a number of pros and cons. According to the findings of a study released earlier this year, franchises are becoming increasingly popular.…
Most small limited companies do not need to complete a statutory financial audit. But there may be times when an audit can help small businesses. Normally, SMEs in the UK…
Running a small business means you and your fellow directors wear many hats. And that means keeping track of business expenses can slip when you’ve got lots of jobs to…
As consumers, we understand what ‘credit’ means. But in business many people confuse debtors and creditors. Understanding the terms is essential if you run a business, so here’s what you…
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…
As the clock ticks towards the self-assessment return deadline, HMRC is reminding those people awarded Covid grants they must declare them. Anyone receiving some or all of the first three…
As self-assessment deadlines loom, many people could end up receiving a higher tax bill than usual this year! On January 31, 2022, self-assessment tax returns, including activity from 6 April…
Making bookkeeping mistakes is fairly common, especially if you’re trying to do it when running your own business. An unexpected phone call or other distraction can mean you lose track…
Last year, more than 25,000 companies faced late filing penalties after missing the filing deadline. Financial year-end reporting is a legal requirement for limited companies. If you run a limited company, then…