ByteStart is delighted to announce the launch of a new service to help businesses cut their energy costs. Created in conjunction with the UK’s leading business energy price comparison service, Make It Cheaper, the partnership gives you access to brilliant value business energy, broadband and phone deals.
The area of tax for small businesses is not straightforward, in fact it can be a real minefield for the unwary. However, if you take a little time, and work with your accountant, it’s usually possible to find ways to save some tax. To help you think about ways you and your business could pay […]
The role of limited company secretary is essentially an administrative one, but can involve a number of important responsibilities depending on the wishes of the company’s directors.
When you set up a limited company, as company director, you will have certain statutory and legal responsibilities which you should be aware of.
Many small businesses are partnerships. Yet circumstances and ambitions change, partners fall out or die. Without a good partnership agreement things can get acrimonious. Here’s how to protect yourself from the start.
When setting up or running a UK company, the company directors and/or the company secretary (if appointed) are responsible for sending information to Companies House to ensure that the Registry is up-to-date. This may include changes in company details, or the submission of accounts.
For many small business owners whether they are plumbers, electricians, builders, or designers, the thought of being the recipient of an insurance claim for injury or property damage can be stressful. Without adequate insurance cover, costly claims could even put your business at risk.
Office insurance is both broad-ranging and highly specific, as paradoxical as that may sound.
A business plan is a document which captures how you expect your business will grow, according to a large number of factors such as funding, how the market behaves, the people involved in the business, and – of course – how successful you are at selling your product or service.
You no longer need huge financial backing and an original idea to start your own successful business. In fact, you could start your own business tomorrow – and have made a profit by next week. For years you may have dreamt of running your own business – but not had the funds or the idea […]
On day one of your new business, as you sit at an empty desk wishing the phone would ring, you think about the future and how exciting it will be to be busy. Fast forward two years to when you are working 14 hours a day, six days a week (with enough work to fill […]
With all the excitement of starting and running your own business, it’s easy to overlook what might happen if it all goes wrong. A disaster could strike your business at any time, in any form. What if your main sales person was lured to an aggressive competitor, you lost your data, or your building was […]
Naming your organisation is not often seen as the biggest issue when establishing a business, but it can cause rather a lot of issues, particularly if there is more than one individual involved in the process and there isn’t much of a process to developing a name.
With just two weeks to go before the Agency Workers Regulations come into force, a survey suggests that many of the UK’s businesses are unaware about the impact of the new rules.
The Companies Bill, formerly called Company Law Reform Bill, received Royal Assent on the 8th November 2006. The Companies Act 2006 (‘the Act’) consists of 1300 sections and is the single largest piece of legislation ever made.
By now you’ll have already heard a bit about the Bribery Act but you’re probably wondering what it really means for your business. In this article, Helen Besant-Roberts, business services partner at accountancy firm, Hurst provides some background to the Act, and what what you need to be aware of when conducting business.
Here are the standard VED rates for petrol and diesel cars registered on or after March 1st 2001.
The Bribery Act 2010, which comes into force on 1st July 2011, puts the onus on businesses to ensure that they have adequate procedures in place to stop its representatives from bribing another person on behalf of the business.
Most of us have used a broadband connection in one environment or the other – whether at home, at work or at school, the internet is now an important tool for people of all ages.
Many industry figures have praised George Osborne for the pro-enterprise measures he included in last week’s Budget, with further measures to encourage entrepreneurism in the classroom announced this week.
The Chancellor delivered his second Budget on March 23rd 2011.
Taking out landlords’ insurance is not only a wise decision if you’ve got a property portfolio to protect; it may also be a legal necessity.
New legislation is blowing the chill wind of austerity over corporate Christmas gifts, according to PwC Forensic Services. The Bribery Act 2010, due to come into force next April contains radical changes which could have a significant impact on corporate gifts to customers and clients, and which could lead to severe penalties for companies who […]
Information technology is always a significant financial investment for a small business or start up – getting the right system in place has a massive impact on efficiency, productivity and the day to day running of a company. However, it can be difficult to get impartial advice on the system that is right for a […]
Statistics released by the Office of National Statistics this month show that in 2009, the number of business closures was higher than the number of new start-up businesses.
Following the trend of recent surveys, a new report suggests that the UK’s start-up sector growth has started to increase for the first time since 2007, following three years of falls in the number of new companies being launched.
Tax investigation insurance will protect you in the event that an enquiry is made into your tax return, or via a PAYE compliance visit. In some cases, this could result in a Tax Tribunal (formerly Commissioners’ Hearing).
A growing number of company directors are declaring illegal dividends or loans, according to a leading accountancy firm.
New research has shown that Angels Investors (high net worth individuals who invest money and knowledge into companies who require funding) mainly follow their intuition ahead of financial calculations when deciding whether to invest in a company.
We are often asked to clarify the amount of tax payable by shareholders when dividends are paid, particularly, by private limited companies.
The number of new companies has started to rise again following two years of steep falls caused by the banking crisis, according to a Top 25 accountancy firm.
HfM Accountants have kindly provided a summary of the key changes to business taxation announced in this week’s Budget.
With the World Cup beginning on the 11 June, hopes and dreams will be placed upon the national team doing well and of course lifting the Cup on 11 July. Inevitably the talk around the water cooler will be centred on football but what other impact is this month of sport going to have on […]
Here are some of the key points from Budget 2010, as they apply to small businesses.
A new guide has been produced explaining which tax records small businesses (including the self employed and limited companies) should keep, and for how long.
2009 was a tough year, but 2010 offers a fantastic opportunity for both start-ups and established businesses to make money in a number of different ways.
A leading North West law firm is issuing an urgent alarm call to non executive directors (NEDs) warning them that their personal assets could be seized by creditors if their company becomes insolvent.
Increased fraud, and other types of financial crime is one of the unfortunate consequences of the current economic downturn across Europe, according to the ACCA’s head of business law, John Davies.