Starting a business feels exciting. You finally get to create something of your own, make decisions for yourself, and shape the work you want to do. But with that freedom comes responsibility, and many new business owners are surprised by how much they are actually accountable for. If you want a business that runs smoothly … Read more
Starting a business is exciting but it can also feel completely overwhelming. There’s no manual for becoming self-employed. One minute you’re full of ideas for your brand, the next you’re knee-deep in Google results about tax, business structures, and how to pay yourself without accidentally breaking a rule you didn’t know existed. If that sounds … Read more
Running a business can be a balancing act: between managing cash flow, staying tax efficient, and planning for the future. At our recent Cheese & Wine Business Q&A Night, we shared practical small business tax tips and real-world financial insights to help owners make smarter decisions, whether you’re just starting out or thinking about your … Read more
Running a business is exciting, but it often comes with a long list of financial questions. From managing cash flow to planning for growth (and everything in between), sometimes you just want straightforward answers without the jargon. That’s why we’re hosting an informal Q&A session at our offices on Wednesday 1st October, 4.30–6.30pm – complete … Read more
What You Need to Know (And Why You Shouldn’t Panic) Under the Economic Crime and Corporate Transparency Act 2023, all company directors and People with Significant Control (PSCs) will soon be legally required to verify their identity with Companies House. This is part of a wider reform to improve transparency and prevent abuse of UK … Read more
The surprising things clients often forget to mention Every month, we like to share common questions we hear from clients. This one comes up more often than you might think: “Do I need to include this on my tax return?” In many cases, the “this” is a one-off financial event — something out of the … Read more
As accountants with a firm commitment to supporting our community and clients, for this month’s blog, we wanted to highlight a lesser-known but incredibly valuable detail in the UK tax system—the Veterans Upper Secondary Threshold (VUST). Whether you’re a veteran entering civilian employment or an employer keen to hire ex-service personnel, understanding VUST can offer … Read more
Welcome to the new tax year! We hope it’s a prosperous one for you. We’re here to help you maximise your business finances, opportunities, and decision-making throughout the year, and one of the first ways we encourage you to do that, is to think ahead and get an early start on your tax returns. As … Read more
The UK’s Autumn Budget 2024 introduced several significant changes taking effect this spring, directly impacting businesses. Employers need to be aware of adjustments to the National Minimum Wage and Employer National Insurance Contributions (NICs), as well as increased government scrutiny on compliance. Here’s what you need to know and how you can prepare. National Minimum … Read more
As the tax year draws to a close, business owners must ensure their payroll is accurate, compliant, and up to date. From processing bonuses to issuing P60s, there are several key tasks to complete before April. Here, we’ll break down everything you need to do to prepare for the payroll year-end. 1. Have You Processed … Read more
As we approach the final months of the tax year, now is the perfect time to take stock of your business finances. Whether you’re a sole trader or a limited company, acting early can help you avoid last-minute stress and even reduce your upcoming tax bill. In this blog, we’ll outline how you can prepare … Read more
Smart Financial Moves for Your Business The festive season is the perfect time to review your finances and take advantage of some tax-saving strategies. Whether you’re thinking about VAT thresholds, employee gifts, or cash flow management, our blog summary of the Advantageous Advent tips we’ve shared on social media over the last two weeks, will … Read more