With less than 60 days to go for submitting a self assessment tax return, many self-employed people in the UK are not taking advantage of an allowance that could help them pay less tax.
Category: Finance
Financial advice for owners and managers of small and medium sized business SMEs in the UK All your tax, borrowing and administration advice
Cashflow: Debunking the biggest myths about the silent killer
It’s dubbed the silent killer – and this is enough for some businesses to really start to worry. In short, cashflow problems are a serious issue and are one of the main reasons why so many companies struggle.
Buying shares vs. Trading CFDs: what is the difference?
When it comes to buying shares, you are either an investor or a speculator. An investor holds a piece of stock for the long term while a speculator capitalises on short term volatility.
New to trading? How to avoid rookie errors
Financial markets trading is growing in popularity in all corners of the globe in recent years and it is likely you will know someone who has embarked upon their journey.
How you can reap the financial rewards from tax relief on your patents
SMEs are potentially missing out on a golden opportunity to financially benefit from their intellectual property.
What do you need to know about tax evasion legislation?
A year on from the introduction of tax evasion laws Martin Griffiths, partner in the Tax & Structuring team at Addleshaw Goddard, warns a lack of awareness could be putting businesses at risk.
Getting a mortgage with bad credit – is it possible?
Buying a home in today’s market can seem particularly hopeless for people with poor credit scores
How businesses & sole traders can claim tax relief on loss making businesses
With the Self Assessment deadline less than a month away, a lifeline has been handed to struggling businesses and sole traders who are yet to complete their tax returns.
Government scheme funds businesses within hours
Government’s Bank Referral Scheme proved its value this week as three small businesses secured finance within hours through Alternative Business Funding (ABF) platform and iwoca.
Financial New Year’s Resolutions for small business owners
The first thing on any business’ New Year’s to do list is getting their finances organised for the upcoming year.
Your Christmas party could result in a tax demand for your business
Employers planning a staff Christmas party risk tax demands because of increasing entertaining during the rest of the year.
Guide to understanding Research & Development Tax Credit for large companies
The HM Revenue & Customs or HMRC has made it easy for a large company to avail tax relief from their research and development expenditure.
How Research & Development (R&D) tax relief works for startups
Startup companies especially those in the technology and sciences niche often have brilliant business proposals in mind.
How do the changes announced in the budget actually affect your SME
Philip Hammond’s ‘budget for grafters’ was much more detailed than initially anticipated. Amongst the many measures destined to stimulate the economy and encourage growth were some initiatives that relate directly to innovation funding for SME’s.