The Chancellor has announced a range of support for small businesses to help weather the storm of the Coronavirus pandemic which has left many (if not all) businesses reeling. In this post we outline the schemes and help which he has announced. Note: The information below is the best we currently have but this is […]
Read MoreTwitter Ads for Small Business
Social media channels are just one avenue for small businesses to leverage in marketing themselves to larger audiences. Up until 10 years ago it was impossible for a local business to have the kind of exposure that these channels offer today. This is the second of a series of posts from Shelley Rostlund, Digital Consultant […]
Read MoreGuest Post: Consider a Virtual Assistant
With more and more companies needing a flexible solution to the challenges of business admin, Virtual Assistants (VAs) are seeing a huge growth in demand for their services. Although VAs have been around since the 1990s, businesses are becoming more switched on to the benefits of hiring a VA. In our latest guest blog, Kirsty […]
Read MoreMaking tax digital for business – a guide for the self-employed
In January 2017, the government published its new rules on how businesses will need to maintain their accounting records for tax purposes in the future, known as Making Tax Digital for Business (MTDfB). In this blog post I take you through the changes you need to be aware of and how they could affect your […]
Read MoreClient Spotlight: Diana Tonnison, Artist
Every month in our e-newsletter I like to spotlight at least one of our clients. It’s a great way to share how we work with our clients, as well as give you, our audience an insight into the wide variety of businesses we work with. In this post, I share one of those spotlights with […]
Read MoreI Want To Be A Company Director | The Pros and Cons of Incorporation
When we meet new clients who have a business idea and want to go into business on their own account we often find that the first thing they want to do is to become a company director! They have usually decided they want to have a company before they have met up with an accountant. Therefore our first meeting will often be a lengthy discussion about business structures; incorporation, sole trade or partnership.
Read MoreSecond Incomes Campaign – HMRC Campaign to Recover Due Tax Revenue
I like to give you, our readers, some heads up when it comes to specific campaigns that the HMRC runs in order to recover revenue in particular areas.
In this post I’m sharing about the Campaign that HMRC has launched to target people who are employed and have not declared income from self-employment.
Read MoreKey Accounting Questions That Start-ups Ask and the Value of the ICAEW
You may or may not be aware that the Institute of Chartered Accountants in England and Wales (ICAEW) runs a Business Advice Service (BAS) for its members. Accountants, like ourselves, who advise business start ups join BAS; and businesses looking for advice specifically searching for a chartered accountant can be put in touch with a member of the BAS scheme in their local area.
Read MoreWhat is a Form SA302 and How Do You Get One from HMRC?
Many lenders are now asking to see copies of HMRC SA302 forms covering the past two or three years tax years. The SA302 is a response from HMRC which is only issued to those who file a paper tax return before 31 October following the end of the tax year. If you or your accountants have filed online you won’t have a SA302 form.
Read MoreSelf-employed or Employed: How To Know The Difference?
Can I take on somebody to do work for me on a self-employed basis? My boss has asked me to become self-employed, is this legitimate?
These are questions that I have been asked frequently by clients in my time in practice…
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