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How to Increase your Profits – Top Tips

Several approaches could be implemented to ensure that your small business increases its profits in the long-run. A list of our top tips follow. Examine Expenses Examine expenses on a month to month and year to year basis Gain a big picture of where your small...

Quick Guide to 2017 Autumn Budget

The 2017 Autumn Budget had several announcements that affect small businesses, freelancers and contractors. Some of these announcements highlight changes to be made. They are summarized in our Quick Guide that follows. Income Tax and Personal Allowance As from April...

National Insurance Guide for Contractors

National Insurance(NI) is payable only on earnings for employed and self-employed above 16 years of age for both men and women. You can build up a State pension and a Jobseekers Allowance by contributing to a National Insurance. National Insurance Contribution (NIC)...

Paper Self-Assessment Tax Return Deadline

HM Revenue and Customs (HMRC) deadline for 2016/2017 Paper Self-Assessment Tax Return is 31 October 2017. If you fail to meet this deadline then your Self-Assessment Tax Return will have to be submitted electronically as the deadline for Online Tax Returns is the 31...

Prepare for Year-End Accounts

Best strategies to prepare for year-end accounts The best strategies that could be used to ensure that you take advantage of allowances and exemptions that could minimise your tax bill at year-end are detailed below. Planning is vital to ensure that you do not miss...

Brexit Guide for Small Businesses

It is very likely that the UK will have a transitional period before they finally leave the EU. However, small businesses need to take every precaution to ensure that are prepared for this huge change. This key guide will outline the steps that a small business should...

Freelancer Guide to Managing Cash Flow

As a Freelancer, you need to be able to manage your cash flow to ensure that you have enough money to pay for all your expenses. This is not an easy task, especially when you are starting out. This Quick Guide will highlight the best practices that you should use as a...

Quick Guide for Contractors – How to Resolve a Dispute

When you are faced with a dispute, you should resolve it as quickly as possible as you will be risking your reputation and your money, as a contactor. This quick guide for contractors will highlight the best course of action to take to ensure that you resolve the...

Recruiting the Best Employees

As a small business owner recruiting the best employees can be difficult. Here are our top tips to recruiting the best employees. Include a Job Description To recruit the best employees with the right skill set for your business, it is important to include a job...

Pensions for Contractors

A pension can contribute many benefits to the life of a contractor. We shall examine these in the following guide especially designed to aid contractors in choosing the right pension. Pension funds As a Contractor, you can invest in a pension funds which can be drawn...

Finance for Small Businesses

Small businesses in the UK have been given a lifeline in 2017 with the help of a government scheme known as British Business Bank. How Much Funding is Available Many small businesses find themselves in difficult situations with all the uncertainty in the market place...

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