Jan 23, 2018 | Blog, HMRC, Self Assessment, Small Business, Tax
HMRC cease to accept payments via credit cards In a surprisingly timed announcement, HMRC said that they would cease to accept credit card payments for tax bills from 13 January 2018. Those who previously paid their self assessment by this means will now have to...
Dec 14, 2017 | Blog, Entrepreneurs, HMRC, Small Business, Tax
Entrepreneur’s Relief Since April 2008, Entrepreneur’s Relief (ER) has been one of the best kept secrets of British business life. Perhaps the way that successive governments have handled Entrepreneur’s Relief explains why this excellent scheme is not as well...
Nov 8, 2017 | Blog, Brexit, Currency Fluctuations, Foreign Currency, Small Business
Currency fluctuations The Brexit vote has left UK firms more exposed to currency fluctuations in an increasingly volatile and globalised market. Sterling’s devaluation against both the dollar and the Euro have improved competitiveness between firms inside the UK...
Jun 23, 2017 | Blog, FRS, HMRC, Small Business, Tax, VAT
Changes to Flat Rate VAT Scheme – just another headache for small business!! HMRC changed the Flat Rate VAT Scheme on 1st April 2017. The changes are already affecting small business owners and contractors who operate under the flat rate scheme (FRS). Many of those...
Aug 17, 2015 | Blog, Business Strategy, Entrepreneurs, Professional Services, Small Business, Tax
Making sure you choose the right accountant is a critical business decision. In many ways it is similar to recruiting a key staff member – choose the right one and they will support you and drive your business, choose the wrong one and it can prove costly and set...