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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Do I have to register for PAYE if I do not have employees?

If you’re the director of a business that does not employ anybody do you need to register for PAYE? The answer is not always straightforward, says Jacqui Reeves, senior payroll manager at accountants Hillier Hopkins

Accounting

Accounting

How to pay staff

You’ve just taken on your first member of staff, which means you must run payroll? What is payroll and how do you notify HMRC?

Accounting

Do balance sheets differ between company types?

Are there different types of balance sheet if you are a sole trader or a limited company?

Accounting

Claiming back tax on business expenses

The question accountants are asked most is, ‘What expenses can claim tax back on in our business?’ Here’s what you can claim for, says Zad Butt of Hillier Hopkins

Accounting

Digital tax filing hurting small businesses in the pocket

Joining the Government's digital tax filing scheme costs businesses on average £4,562 a year compared to £2,960 for companies yet to migrate

Accounting

5 steps to bolster your business finances

Too many of us are guilty of not paying enough attention to day-to-day financials. Mark Wright helps change your money mindset.

Accounting

National Payroll Week: How HR professionals can adapt for the future

Payroll and HR professionals have a multitude of challenges to overcome post-Covid. For small business owners, in particular, it’s important to understand these new challenges and help colleagues work to their best ability

Accounting

Am I eligible for capital allowance?

Capital allowances are valuable reliefs that allow certain business expenditure to be offset against corporation tax. However, not all expenditure qualifies, says Toby Cotton.

Accounting

National Payroll Week: How HR professionals can adapt for the future

Payroll and HR professionals have a multitude of challenges to overcome post-Covid. For small business owners, in particular, it’s important to understand these new challenges and help colleagues work to their best ability

Accounting

Am I eligible for capital allowance?

Capital allowances are valuable reliefs that allow certain business expenditure to be offset against corporation tax. However, not all expenditure qualifies, says Toby Cotton.

Accounting

Working from home tax breaks

Any employee can claim up to £125 annually through the Government's working from home tax relief. Here's how to apply for it and how to calculate what's owed to you

Accounting

Raising finance to buy out a director

What happens if your business partner wants to exit your business? Toby Cotton outlines three ways to buy out your fellow director

Accounting

Paying dividends to directors

Paying yourself in dividends is a good way to reduce your tax bill, says Toby Cotton of Kreston Reeves. But there is a procedure you need to follow

Accounting

Tax savings when purchasing company cars

What is the most tax efficient way to buy a vehicle as a sole trader? Jamie Wooldridge of Mercer & Hole shares his view

Employing & managing staff

The importance of vocational rehabilitation services for SMEs

In Aviva’s latest SME research*, 57 per cent of employers surveyed agreed that nowadays employees expect benefits to protect against loss of income or earnings. What do you offer your people?

Partner content

What are the benefits of business broadband?

Business broadband offers a host of advantages over standard domestic connections, here’s why you should be considering an upgrade

Partner content

How should I select my business broadband provider?

As with any supplier, it’s important to do your research and ask important questions before you select a broadband provider for your business. But what are the must-have things you should take into consideration?

Business Technology

Future-proof your business communications set-up

Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings