Payments on account is often misunderstood by the self-employed.
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Lacking cash flow forecasts can cause real problems in a business. But many company owners don’t know how to prepare one. In our last blog, we looked at how important…
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Running your own business requires dedication. We know because we work with our clients and see how committed they are. There is a lot to learn when running a small…
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Our last blog looked at sole traders becoming limited companies and whether it was a good idea. If you want to become a limited company after reading our advice, then…
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While being a sole trader is the most popular choice when setting up in business, turning it into a limited company can have advantages. There are approximately 3.5 million sole…
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Should you register for VAT? Value Added Tax (VAT) is a ‘consumption tax’ that is paid on certain goods and services and ‘taxable supplies’. Those businesses registered must legally charge…
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Working capital is often misunderstood! And because business owners are unaware of its meaning it leads them to problems. For some focusing on cash flow is their main concern. Cash…
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Tax-deductible expenses are part and parcel of running your own business – whether a sole trader or a PLC. But the problem is often that many business owners think they…
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The Coronavirus Job Retention Scheme is available to businesses that stopped working due to the lockdown or from the loss of business. From Monday, (20 April) business owners who have…
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As the coronavirus crisis has dominated headlines, you could be forgiven for forgetting some important changes to running your business since 1 April. It is understandable because there is so…
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