Monthly Archive: April 27, 2023

Taxes you should know before starting a business

Starting a business is an exciting venture for aspiring entrepreneurs, and it is important that you become well-versed in all things tax.

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Better Business Day and what it means for start-ups and SMEs

New start-up businesses in the UK are as abundant as ever, but issues within society, climate change, and the cost of living have proven tricky obstacles to navigate.

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Employee expenses and benefits: How to submit a P11D form

Do not be stung when rewarding employees. Avoid penalties on employee benefits by correctly submitting P11D forms.

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Understanding IR35 and its implications for employers

If your business engages off-payroll workers, it’s essential to be familiar with IR35 and its potential impact on your operations.

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Tips and tricks for maintaining your cash flow

Reviewing and maintaining your cash flow is essential for business growth.

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The importance of financial reports as a business owner

As a small business owner, you will be in charge of many things and must juggle many responsibilities.

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How can you prepare for the basis period reform?

We are currently in the transition period for the basis period reform, which is set to come into full effect from the 2024/25 tax year.

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Financial considerations of building a new brand

When it comes to creating a new brand, considering your finances is a vital part of the planning stage as you need to ensure you have the budget for all your goals.

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Preparing your business for the summer

If you run a business in a tourist hotspot, you need to get prepared for the summer.

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What salary should I take as a director of a limited company?

Being a director of a limited company means having the ability to pay yourself in a different manner to being a typical PAYE employee.

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