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When you register for VAT there will be a crossover period between submitting your application for VAT and getting your VAT number from HMRC. You can’t charge or show VAT on your invoices until you get your VAT number. However, you will still have to pay the VAT to...
Lack of funds prevents business opportunities
National minimum and living wages rise from 1st April
Business rate revaluation takes effect
Important dates and changes for April 2017
If you enter into a self-bill arrangement with a VAT registered supplier, there are certain conditions you will need to meet before you can raise a self-bill purchase invoice: you have to have a self-bill agreement in place with your supplier, see The Ins and Outs of...
Updated 23/03/2017 Sometimes it would be much faster and more efficient if you were to enter your suppliers' invoices on your accounting system and send them a copy of their invoice afterwards! Well, you can do that if you have a self-billing arrangement with your...
Firms prepare for Making Tax Digital
Pensioners staying in work drives up retirement income
Late payment regulations support SMEs
Apprenticeship levy approaches
Chancellor Philip Hammond described his first and last Spring Budget as one that “takes forward our plan to
prepare Britain for a brighter future”.
A beginner’s guide to investing in small companies and the available tax reliefs for doing so. Starting a business is rarely glamourous. Many of the globe-straddling behemoths of the business world had low-key beginnings. Both Apple and Hewlett-Packard were famously...
SME borrowing set to rise in 2017
Retired household income up 13% since 2008
Small firms pay above minimum pension contribution
Financial concerns affect worker performance
Get up to Xero speed. Xero is beautiful accounting software that puts your financials at your fingertips and allows us to work with you or for you on your business accounts. Here you’ll find everything you need to know to thrive with Xero. But, before you dive in…
An introduction to the relationship between trusts and tax.
Trusts are a legal arrangement whereby assets are placed into the care of an individual who manages them for the benefit of someone else.