Preparing for your self-assessment
For anyone who completes a self-assessment tax return, it is easy to let it drift to the back of your mind for most of the year. The deadline feels a…
read moreFor anyone who completes a self-assessment tax return, it is easy to let it drift to the back of your mind for most of the year. The deadline feels a…
read moreRunning a successful business takes more than a great product or service. Behind most thriving businesses, there are solid financial habits that get practised consistently, not just when things get…
read moreCashflow vs profit, what’s the difference? One of the most common misunderstandings in business is thinking that profit and cashflow are the same thing. A business can be profitable on…
read moreWhy the start of the tax year matters The start of a new tax year is more than just a date on the calendar. For small business owners, it’s a…
read moreFiling your self assessment tax return feels great, but what happens when you realise something’s not quite right after you’ve hit submit? Maybe you missed an expense, forgot to include…
read moreIf you’re the only director of your limited company and planning maternity leave, payroll can suddenly feel very confusing. You’re not “going to work” in the traditional sense. You don’t…
read moreFrom April 2025, HMRC has not only raised the rate of interest it charges on late tax payments but also the penalties are becoming more severe. For business owners and…
read moreWe get it, Corporation Tax isn’t the most exciting topic. But if you wait until January to think about it, you could be in for a stressful (and potentially expensive)…
read moreSelf-assessment tax is the amount of money an individual has to pay to HMRC. It is calculated based on the assessment of their income, deductions, and tax liabilities for a…
read moreAs individuals we are encouraged from a very young age to open a savings account so that money can be put away for future needs. So, the key question is…
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