Effective from Monday, May 15, 2023, there is an important update regarding the filing of VAT returns for all VAT-registered businesses. If you are not currently using Making Tax Digital (MTD) compatible software, you will no longer be able to utilize your existing...
When we look at our clients’ accounts, they often ask – how can I improve my profits or how can I increase my cash flow? We help our clients to do this, of course, but here’s some free advice about improving your profitability. Firstly, things that improve your...
Limited Companies vs Self-Employment: Is it Still Worth it with All the Changes in Taxation? There’s no question that being your own boss and running your own business has its appeal. It’s a dream that many people strive to achieve, but with all the...
As a business owner, you need to have a clear picture of various sides of business management. Accounting is one of the most important parts of a business. So every business owner needs to be familiar with its basics, as it gives a clear picture of the state of their...
Making Tax Digital for Income Tax – What you need to know HMRC has deferred the start of Making Tax Digital (MTD) for Income Tax, due to the Government recognising the challenges faced by many UK businesses in the wake of the pandemic. Though delayed, tax...
Business advisors, like me, often tell you that you need a Strategic Plan. Creating one for your business is honestly a lot of effort, so do all businesses really need a Strategic Plan? The answer is this: If you’re really ambitious for your business, you do need a...
