Advice and Ideas for UK Small Businesses and SMEs
Articles, news and advice on Tax & VAT issues for UK small businesses.
Accounting
Red tape is a necessary evil in all businesses, so you need to make sure you're on top of it.
Accounting
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
Is commission charged to our company vatable?
Accounting
No one likes paying tax, least of all small business owners, so here are some tips for ways to reduce your tax bill or claim back tax already paid.
Tax
Small businesses are often tempted to 'go it alone' rather than seek professional help with their accounts – usually this is a cost-saving exercise, but can be a false economy in the long run.
Accounting
Many people starting their own businesses like to start up part-time initially while still remaining in full time employment in order to test their idea or even to run their venture on a permanently part-time basis.
Accounting
If you have expenses in respect of your self-employment in the seven years before you commenced trading, you may be able to claim these items against your profits.
Business Loans
Everything you need to know on what small business loans are and what types of loan are available for your business.
Business Technology
To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis
Investing in a franchise
Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.