When you need to find business funding fast, what are your options and what are the quickest ways for you to secure more finance? We talk you through the most viable fast funding options for SMEs who need finance in a hurry, and include practical tips on how to ensure your funding application goes as […]
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 […]
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.
April 2009 marks the introduction of a new VAT penalty regime. Interestingly, the legislation has been in place since the Finance Act of 2007. This has given advisors plenty of time to consider how it will work, and to raise questions with HMRC.
Companies can often be faced with a nasty shock and a big bill when moving out of leasehold premises. In this article, we explore some common and costly mistakes often made by ill-informed commercial tenants.
A leading web host says that 10% of businesses who responded to a recent survey had been the target of content theft over the past 12 months. What should you do if your website content has been stolen by a third party?
In today’s competitive business world, one of the best ways to increase awareness of your company is through an instantly recognisable logo.
Most normal ’employees’ have tax deducted at source via the PAYE system and are unlikely to have to fill in a tax return unless they receive other income. When you start a business, you will join the ranks of those that fall under the self assessment tax regime.
Recession hit business owners, operating as a partnership, are being urged to reorganise their firm “as a matter of urgency” to reduce the risk of personal liability for business debts.
Traditionally the phrase pay per hit PR has sent shivers down the spines of both business owners and PR consultants. However it is a method growing in popularity and should be a serious consideration for small businesses during the recession.
Statistics released by Barclays show that the number of new businesses set up during 2008 increased on 2007 levels, with female-run startups showing a 9% increase.
Enterprise Management Incentive (EMI) schemes may be an attractive way to remunerate and incentivise key staff – especially when the economic downturn may restrict other options.
A Virtual Office provides a business location and address for smaller businesses by accepting inbound communications on their behalf and forwarding them to other addresses/numbers. This enables smaller businesses to have many of the benefits of a permanent address and business presence, but with much lower costs and administration.
The latest Government statistics show that the number of VAT-registered enterprises grew by 3% during 2007, reaching over 2 million by the start of 2008.
Entrepreneurs banking on the concessionary 10% capital gains tax rate on business sale proceeds need to plan carefully and think well ahead, company owners have been told.
From 1st October 2007, new VAT invoicing regulations came into play which some small companies may not be aware of. From this date, all invoices issued should use an identifying number that is unique and sequential.
The issue of VAT accounting when the goods involved are put to both business and non-business purposes is perhaps more widespread than many would first consider. Careful use of the so-called ‘Lennartz Accounting’ scheme can provide cash flow benefit for a number of organisations.