UK SMEs that hire accountants report higher revenue and lower stress levels
An interesting new study shows that small firms that use accountants boost their revenues by 11.5% on average. They also report lower stress levels!
Big gap between HMRC interest rate on late payments vs. refunds
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 – £150 cashback!
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 up to £150 cashback.
Claiming Business Asset Disposal Relief (BADR) – 10% rate set to rise in 2025 and 2006
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.
How to get your new business website up and running
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?
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
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
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
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?
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.