As a small business owner, ensuring you structure your income efficiently can make a significant difference in how much you take home after tax. The tax landscape for 2025/26 presents both opportunities and challenges, so understanding the key thresholds and tax rates is crucial for financial planning. The way you receive income, whether as a […]
Spring Statement 2025: What It Means for Your Business
The Economic Outlook: A Tougher Year Ahead The latest forecasts from the Office for Budget Responsibility (OBR) paint a more challenging picture compared to last autumn. Key points include: Government Response: Stability and Growth With the pressure of maintaining stability, the Chancellor stuck to the government’s fiscal rules, reassuring financial markets. Instead of raising taxes, […]
Could this be the best few months to buy a business?
With the news that the Government has increased Capital Gains Tax from today and will reduce the benefit of Business Asset Disposals Relief from 6th April 2025, many business owners will be considering a swift sale of their company before the end of March 2025. Chris Bond discusses why companies should include acquisition as part […]
Spring Budget 2024
Key changes taking effect from 1st April.
The cost of late accounts
Speed matters. If you don’t get them promptly, they give you very out-of-date information to work with when they do limp in.
Here are just five key benefits of receiving your accounts promptly.
Everything you need to know about your director’s loan account (DLA)
Just like a bank account, the director’s loan account can either be in credit or overdrawn, and the status of the account has implications for both your personal and the company’s tax responsibilities.
Get paid. On time. Every time.
In this article we cover: the importance of getting paid on time, how significant the problem is for businesses in the UK, common reasons for non-payment and how to reduce bad debt.
How does a new Prime Minister affect you?
The reality for many small businesses and households has taken a turn for the worse recently as prices continue to surge, particularly energy. So, what’s on offer from the new Prime Minister?
Managing your cash in tough times
With ever-increasing supplier prices, a rise in interest rates and a looming recession, managing your business’s cash and understanding the flow are now vital tools in maintaining resilience and being able to adopt flexible strategies for success.