Category

Accounts & Tax

The accounts and tax section includes in-depth guides and features for UK small businesses and start-ups needing advice on how to manage company accounts, including company tax returns, cash flow management, late payment, bad debts and business tax.

Profit and loss template

Use this template to build your own profit and loss account as a small business owner.

Accounts & Tax

Accounts & Tax

VAT action businesses should take now before a no deal Brexit

A no-deal Brexit could pose significant VAT issues for UK businesses. Accountants RSM highlights four key areas and urges action now.

Accounts & Tax

HMRC employment status test tool not working properly

HMRC’s Check Employment Status for Tax (CEST) is still not properly tested two years since its release, according to a Freedom for Information (FOI) request by UK contracting industry organisation

Accounts & Tax

How can my small business make the most of tax reliefs available?

Small businesses can miss out on tax breaks and reliefs that could save them money. Jonathan Amponsah outlines 12 common mistakes to avoid

Accounts & Tax

Tax webinars announced for small businesses and individuals

HMRC regularly runs webinars to help small businesses and individuals to understand aspects of tax planning - here are the latest

Accounts & Tax

Small businesses see accountants as vital to their business

Accountants offer a more comprehensive service for businesses than ever leading for calls for the definition of the term to be addressed

Accounts & Tax

Businesses should start engaging with HMRC digitally for VAT

Those paying VAT will need, post April 2019, to make their submissions digitally to HMRC. The pilot system for testing their software is now open to all

Accounts & Tax

Small businesses embrace simplified tax registration service

Many small businesses are taking advantage of the streamlined registration service for tax and company status

Accounts & Tax

Tax relief and fintech could help self-employed to save more into pension

Government is adapting its strategy to deal with self-employed pension crisis.

Accounts & Tax

Report reveals poor payment practices from these big names

A new government report reveals how long it takes some of the UK's major high street names to pay small suppliers.

Accounts & Tax

Seven tips for getting paid promptly as a small business owner

Getting clients to pay you on time is a crucial part of securing strong and healthy cashflow for your business.

Accounts & Tax

Christmas entertaining could leave employers with a tax bill

It's a lovely gesture at this time of year to take the staff out for a celebratory lunch or drinks. However there could be tax implications so best check on what these are

Accounts & Tax

How to give workers a tax free gift in four simple steps

In SMEs margins are often tight, and so giving bonuses to the workforce can not only seem financially unachievable pipedream, but quite low on the list of priorities – but there is a lesser-known tax exemption on certain types of gifts for employees which not only makes this more affordable, but quick.

Accounts & Tax

Here’s how you use free software to manage cash flow

A reader asks how they can use free software (with no monthly fee) to manage cash flow in their property business which is seasonal.

Partner content

What is professional indemnity insurance?

Professional indemnity insurance provides cover if somebody sues your business and they allege that your advice caused financial loss or damaged their brand. It’s not just for accountants and lawyers but for anyone offering a personal service, even web designers

Partner content

What is public liability insurance, and does it cover Covid-19 claims?

Public liability insurance can cover your small business if a third party has an accident or injury. But does public liability insurance cover claims made against your business arising from Covid-19?

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Business insurance everything you need to know

Every small business may need to be insured at some level. But which policies are must-haves, and which are optional? Edward Murray guides you through the maze

Partner content

London & Partners Q&A — driving growth in the London startup ecosystem

In this Q&A, we explore how London & Partners' Business Growth Programme is driving economic growth and inclusion in the London startup scene