Category

Accounting

The accounts section, brought to you in partnership with Sage, features in-depth guides and features for UK small businesses and start-ups needing advice on how to manage company accounts, including topics such as cashflow management, late payment, bad debts and bookkeeping.

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UK tax issues when setting up a business overseas

When it comes to relocating and setting up a business overseas, there are a multitude of issues that have to be considered. Getting your tax position in order pre-departure should be high on your list of priorities.

Accounting

Accounting

Tax for part-time businesses

When starting up for the first time, many people opt to retain their full-time job and set up their own business part-time. But what does this mean for their tax situation? Will the tax be deducted from the day job wage? Or is it only taken from what is earned from the business? Are they separate?

Accounting

Advice on tax and record keeping

I'm just starting a party plan business for women's clothing, lingerie and adult products. I've just graduated from university and know nothing about the legal side of businesses. What are the most important legal details I need and where can I get detailed advice on VAT and record keeping? I have already registered as a limited company, what next?

Accounting

Basic tax, VAT and cash flow for start-ups

When starting a business, there are a myriad of VAT, National Insurance, income tax and cash flow issues to consider. Clive Lewis of the Institute of Chartered Accountants in England & Wales offers this introduction to what to expect.

Accounting

Do you need an accountant?

When starting a business accountants can provide a wide range of services. You can talk over the records that you need to keep for the business and whether you need to register for VAT.

Accounting

Find an accountant

When you run a business, you are legally required to keep certain financial records, like tax returns and VAT details. You might decide to do some of this yourself, but you need to weigh up the cost of a professional accountant against the time and potential headaches it could cause you.

Accounting

Income tax, National Insurance and VAT

Red tape is a necessary evil in all businesses, so you need to make sure you're on top of it.

Accounting

PAYE for sole traders

If operating as a sole trader, profits (or losses) will be taxed under Income Tax rules and you can continue working in employment under PAYE (Pay As You Earn).

Accounting

Income tax, National Insurance and VAT

Red tape is a necessary evil in all businesses, so you need to make sure you're on top of it.

Accounting

PAYE for sole traders

If operating as a sole trader, profits (or losses) will be taxed under Income Tax rules and you can continue working in employment under PAYE (Pay As You Earn).

Accounting

Christmas cash flow tips

As shown by a recent Smallbusiness.co.uk poll Christmas can be a difficult time for small businesses as sales fall away over the festive period causing cash flow problems. Follow these ten golden rules to avoid financial headaches over Christmas and into the new year.

Accounting

Is commission charged to our company vatable?

Is commission charged to our company vatable?

Accounting

Avoid the pitfalls of overtrading

Is your business ready for the Christmas rush? You have a great opportunity to make the most of the annual surge in consumer spending, however, you also need to avoid seasonal excesses. Overtrading is one of these risks, where your business takes on orders and tries to fulfil them at a level that cannot be supported by working capital or current assets.

Accounting

Predicting financial ups and downs

Studies show that one of the main causes of business problems is lack of one specific type of planning: financial forecasting. Don't miss this advice out how to look into the future.

Partner content

Why you need a business bank account

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Partner content

5 things every small business owner needs to know before starting

HSBC - Advertising feature

Business management

How to create good cashflow habits

HSBC - Advertising feature

Business Technology

How to keep your small business safe online

Here's how Security Service Edge from Vodafone can help to protect your SME from ever-increasing cyber threats