Small businesses
Business owners who attempt to complete all the work associated with managing a company’s payroll on their own often find that it is a time consuming activity. This time and energy would be better focussed on other areas of the…
As part of plans to support small businesses affected by the Coronavirus, the Government has unveiled a new Bounce Back Loan Scheme (BBLS), which will enable companies to access finance to mitigate the effects of the lockdown on their cashflow.…
As the Coronavirus lockdown continues, the Government has made available a range of financial support options for individuals and companies, both small and large, who have been affected by the pandemic. In this blog, we’ll cover the basics of each,…
Last week, the Conservative Party, led by Boris Johnson, won the General Election by an unprecedented landslide. But what does the victory mean for you, personally and as a business owner, from a financial perspective? In this blog post, Salford…
It’s the natural cycle of business to take on a new set of apprentices and hire younger people to fill out the ranks, passing on the tools of the trade to the next generation. But each year the government changes…
The Economic Affairs Committee has warned the HMRC that small businesses in the UK ‘could pay a heavy price’ for Making Tax Digital for VAT (MTD for VAT). What is MTD for VAT? If you haven’t heard of it, you need…
When an employee has been with a company for an extended period, many directors wish to reward their service with a gift. However, they must be wary of providing cash rewards, as these will be taxable. In this article, chartered…
25th July From 9:30 am until 4:30 pm. We are having a FREE Open Day on Wednesday 25th July for all those looking for advice on starting a new business or going it alone as a self-employed contractor. If you are…
Preparing your payroll records is an important element of accounting for any small business and applies even if you only have a single employee. Without accurate payroll calculations and records you can run into difficulties with Government legislation such as…
