ByteStart

Big gap between HMRC interest rate on late payments vs. refunds

By Jake Townsend November 13, 2024

In what one tax advisory calls the 'elephant in the room', there is a sizeable gap between the interest rate HMRC pays on late payments and the amount of interest it pays out on tax refunds.

Tide small business bank account – £50 cashback!

By Jake Townsend November 11, 2024

We have set up a partnership with Tide, which is trusted by 500,000 businesses. Find out how to open a free business account. Plus get £50 cashback.

Claiming Business Asset Disposal Relief (BADR) – 10% rate set to rise in 2025 and 2006

By Jake Townsend November 2, 2024

Business Asset Disposal Relief (BADR) can help reduce your capital gains tax bill if you sell your business. We explain how BADR works, what the current rates are, and what the lifetime limit is for disposals.

small business website freelancer or agency

How to get your new business website up and running

By Jake Townsend November 1, 2024

In 2024, a website is pretty much a prerequisite for a viable business. This article covers the best ways to get yours up and running as you start your small business.

Autumn Budget 2024 – How does it impact small business owners?

By Jake Townsend October 30, 2024

The autumn budget was one of the most anticipated in recent memory. Employers National Insurance is set to rise from April 2025, with inreases to CGT (including BADR) and other taxes. Read the key points here.

Guide to National Insurance for small business owners

By Jake Townsend October 30, 2024

How National Insurance works for small businesses - Class 1 for limited companies, and Class 2 & 4 if you're a sole trader or member of a partnership.

How to write a business plan for you, not the bank or investors

By Jake Townsend October 26, 2024

Many people who start their own businesses don’t need funding. If that’s you, then you still need a business plan—but you need a business plan for you and not for the bank.

5 things you must research before you start your new business

By Jake Townsend October 25, 2024

Important decisions made in haste tend to have implications. And while you shouldn’t use that as an excuse not to get on and make your dream happen, there are five things you must research before you start your business.

Members’ Voluntary Liquidations (MVLs) – what does the future hold?

By Jake Townsend October 24, 2024

The key tax benefits of an MVL are expected to come under the hammer in the Autumn Budget 2024, such as Capital Gains Tax (CGT) and Business Asset Disposal Relief (BADR), formerly Entrepreneurs’ Relief.

Virgin StartUp welcomes new mentors ahead of National Mentoring Day

By Jake Townsend October 23, 2024

One of the UK's most prominent business mentor networks, Virgin StartUp, has welcomed a new batch of high-profile mentors to its community ahead of National Mentoring Day.