Category Archive: Financial Planning

Ten top tips for boosting your budget

Effectively managing your budget is crucial for business success, especially in challenging economic times.

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Is incorporation still the way to go for solid financial planning?

From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth – but is this still the right move?

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Earning between £100,000 and £150,000? Your tax return is changing

If you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from HM Revenue & Customs (HMRC) regarding whether you need to continue submitting a Self-Assessment tax return.

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Concerned about Capital Gains Tax changes? Here’s what you need to know.

The start of the 2024/25 financial year saw the Capital Gains Tax (CGT) Annual Exempt Amount fall to a historic low of £3,000, down from £6,000 the previous year.

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Reviewing your payroll? Check what’s changed

With the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes and updates to legislation around pay, holiday and tax.

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Plan a little, achieve a lot – Destress with effective tax planning

April marks both the start of the 2024/25 tax year and Stress Awareness Month – a coincidence not lost on those of you who are turning your attention to tax planning for the coming year.

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The seven steps to a successful business plan

Writing a business plan should be one of your first steps when starting your business. If you have a business without a plan, it’s not too late to make one!

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Why do SMEs need an accountant?

If you are an owner of a small to medium-sized enterprise (SME), it is essential to consider the benefits of having a professional accountant.

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Here’s how you can boost your SME’s efficiency and beat rising costs in 2024

If you’re concerned about how rising costs will impact your SME, you’re not alone.

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Allowable business expenses – simple ways to save money

As a business owner, you are probably aware of some of the expenses that you could claim back on in your yearly Self-Assessment tax return.

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