You hired a couple of individuals to tidy and clear part of your premises. They’ve completed the job and asked to be paid in cash.

The main corporation tax (CT) rate increases to 25% in April 2023.

The last few years have been anything but ordinary for businesses up and down the country, and across the world.

It’s common for director shareholders to take additional remuneration in the form of dividends rather than bonuses.

Here are some useful sites that could help you when you start-up a business. Start-Ups https://startups.co.uk/ Aimed at SMEs. It has a...

Gifts to Customers The cost of giving gifts to customers is tax-deductible, provided that: The amount spent per customer is £50 or less

You’re currently using the flat rate scheme (FRS) and are trading below the exit threshold. But what changes to your trading structure...

The dividend tax allowance was first introduced in 2016 and replaced the old dividend tax credit with an annual £5,000 dividend allowance.

The business runs some electric vehicles (EVs) but there has been little thought about where these are charged

In the aftermath of liquidation, company directors can face personal liability and disqualification. There is also an automatic prohibition

Starting a business can be daunting and working long hours is only part of it. One of the key decisions you will be making is whether you wi

Taking the step to establish a business on your own can be a great achievement. To maintain longevity, your business must provide a...

You might not be the only one that has lost clients due to the Covid-19 pandemic. Many businesses have lost a great amount of revenue.

Small businesses are owed on average £6,142 mostly by firms not paying for goods and services on time.

VAT Invoices and how to deal with them are important for any business owner. Is there a risk that HMRC could disallow input tax claimed...

Business owner responsibilities regarding Coronavirus will be with us for the foreseeable future. Regardless, of the lifting of...

Thousands of new businesses open every day. If all those people can do it, why not you? 20% of businesses fail in their first year and...

If you have registered a limited company or are planning to set up a new limited company, you are obligated to register that company with...

One thing that is certain in life is that we all will die. The question however is what will happen to your assets and possessions. Wills an

Good news for businesses that took out government-backed Bounce Back loans to get through the coronavirus (COVID-19) pandemic. Businesses...