Understanding limited company taxes: what you need to know
If you’re setting up or running a limited company, it’s important to understand your tax responsibilities as a company director.
What is Small Business Saturday? This year it’s on 7th December
Small Business Saturday is an annual grassroots campaign which highlights the importance of small, independent UK businesses.
Trivial benefits – how to provide tax-free gifts to your employees
Trivial benefits are small perks provided by employers to employees that are exempt from tax and NI, provided certain conditions are met.
£150 per head Christmas party expense exemption for limited companies
If you’re thinking of holding a party for your company this year – you may be able to enjoy Corporation Tax relief on your expenditure.
Women-run companies ‘less likely to go bust’ than those led by men
A potentially controversial study found that the SME insolvency rate is 71% higher in companies run by men.
Half of UK businesses have experienced a cyber attack. How can you protect yourself?
According to government data, an incredible 50% of businesses experienced a cyber attack or security breach last year. How can you protect your business?
Has business confidence taken a “decisive turn for the worse”?
According to two major reports from the IoD and CBI, business leaders' confidence in the UK economy has crashed to a post-COVID low.
UK SMEs that hire accountants report higher revenue and lower stress levels
An interesting new study shows that small firms that use accountants boost their revenues by 11.5% on average. They also report lower stress levels!
Big gap between HMRC interest rate on late payments vs. refunds
In what one tax advisory calls the 'elephant in the room', there is a sizeable gap between the interest rate HMRC pays on late payments and the amount of interest it pays out on tax refunds.
Autumn Budget 2024 – How does it impact small business owners?
The autumn budget was one of the most anticipated in recent memory. Employers National Insurance is set to rise from April 2025, with inreases to CGT (including BADR) and other taxes. Read the key points here.