News

Understanding working capital and why it matters

Working capital is a simple but powerful measure of a business’s financial health. It is...

Budget date announced

The Chancellor of the Exchequer, Rachel Reeves has confirmed, in a video message, that the...

16 years old – the minimum age for a company director

Thinking of starting a company at 16? Know the rules, risks and responsibilities before you...

What is the settlement legislation?

Thinking of gifting income to a spouse or partner? HMRC’s settlements rules may still tax...

How do HMRC define “wholly and exclusively” for tax purposes

Not sure if a business cost is deductible? HMRC’s ‘wholly and exclusively’ rule is the...

Using your own car for work purposes

Using your own car or bike for work travel? You may be able to claim...

When you cannot charge VAT

Not all goods and services carry a 20% VAT, knowing the right rate can save...

How to pay corporation tax online

Paying Corporation Tax? Always use the correct reference or risk delays and penalties. To pay Corporation...

What insurance cover should a company consider?

Running a small business comes with plenty to juggle, and while insurance might not be...