Articles
Tax Efficient Fund Raising For Business
The COVID effect on many businesses has substantially weakened their balance sheets. Many companies may look to start over again after a Members Voluntary Liquidation or look to raise extra funding for their business. If your business is going through a fundraising process then tax...
How Much Has The Pandemic Cost You?
Many small business owners have been hit hard by the Covid-19 pandemic, with those operating in sectors such as hospitality and leisure having a particularly challenging year. New research, conducted by QuickBooks and shared by Business Matters Magazine, revealed that, on average, small business owners...
Tax Day Warning For Firms
Firms will have been making a number of tax plans in the wake of the Budget earlier this month, but the real detail is likely to emerge on Tax Day, which takes place on March 23rd. Although headline measures such as the upcoming increase in...
How Can An Accountant Support Your New Business?
When you’re setting out on your journey to entrepreneurship, money is often tight. You might feel as though you need to tackle all the elements of setting up and running your business alone to save some pennies, but it’s important to know when and where...
Top Tips To Lower Your Tax Bill
For many self-employed sole traders and small businesses, margins are small and cash flow is vital to ensure they can continue to do business. To ensure you are making enough money to keep trading in difficult times, typically cash flow consultants will explore ways you...
UK Corporation Tax To Rise Amid The Pandemic
Chancellor Rishi Sunak is expected to announce an increase in corporation tax in the Spring Budget on March 3rd, increasing the tax from 19p in the pound to 23p in the pound by the time the next general election is held. A report in the...
Budget Report 2021
S4B’s summary of the 2021 Budget focuses on the measures introduced and the changes which may affect you, your family and your business. To help you decipher what was said, we have included our own comments. Click here to read the full report ...
Top Tips To Preserve Your Cash Flow This Year
The last 12 months have shown businesses at their most resilient and flexible as they have risen to the challenges that have faced the UK. According to the Office for National Statistics, 45 per cent of businesses have seen a reduction in turnover compared to what...
HMRC Urges Couples To Check Their Tax Allowance
Roses are red, violets are blue, tell HMRC, for a tax break for two! HM Revenue and Customs (HMRC) is urging married couples and people in civil partnerships across the UK to sign up for a tax break this year. According to a GOV.UK press...
Firms May Face Tough Challenges Amid Gloomy Economic Predictions
Companies may find they face serious challenges in 2021 as the UK economy suffers the twin impacts of Brexit and the ongoing Coronavirus pandemic, a new report has warned. The National Institute for Economic and Social Research (NIESR) has delivered a negative verdict on the...