Running your own small business is hard work – you will find yourself trying to develop and grow your business, alongside managing the day-to-day operations acting as the finance, marketing, HR and sales departments – often all in the space of a few hours! To help you manage and keep on...
Key dates for November/December 2023
If you run your own business, it’s likely that at some point you’re going to come across a customer who doesn’t pay you on time. So what do you do when you need to chase payment from them? Here are some suggestions on how to work with five types of late-paying...
We were thrilled to sponsor the Cleethorpes Family Fun Run and enable families to take part for free in the friendly and picturesque one mile walk, jog and run in the beautiful resort of Cleethorpes which took place on Sunday 17 September. In the office we all enjoy getting outdoors and...
When it comes to the health of your business, a positive number on your balance sheet doesn’t always show the full picture. While it’s important to keep a close eye on how much revenue your business generates, it’s also crucial to look at where that revenue comes from and consider if...
As a business owner, the thought of an HMRC tax investigation can be quite daunting. However, our article below outlines what is involved in the process should you ever need to prepare your business for an HMRC tax investigation. It also explains some of our processes and the information we request...
Do we live to work, or work to live? When you run a small business, the expectations of fewer hours and setting your own schedule can be a far cry from the reality of long days and last-minute work disturbing your Saturday evenings (and that includes us!) And that’s not...
Company cars have long been a valuable perk for employees and can offer convenience and cost savings. However, it's crucial to understand that owning and using a company car comes with tax considerations that can significantly impact your personal finances. Here are some key points to consider: Personal use of a company...
Key dates for August/September 2023
The key dates for June/July 2023
The super-deduction, which allowed companies to claim an immediate deduction of 130% of their qualifying expenditure, came to an end on 31 March 2023. It was replaced with full expensing. As with the super-deduction, unincorporated businesses cannot benefit from full expensing (although the Annual Investment Allowance (AIA) will secure a 100%...
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