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 […]
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.
The Office for National Statistics (ONS) has released its latest report on the number of registered businesses in the UK. There was a 3% rise in business enterprise numbers in the year to March 2008.
This article on the Corporate Manslaughter Act was written exclusively for Bytestart by Ian Lower, Group Information Technology Director for BSI, Europe’s leading specialist business accommodation provider.
If you’re in business, the Corporate Manslaughter Act should be on your radar, even if you work in what you think is a fairly low-risk industry.
The code that effectively created the world wide web, was put into the public domain by the Cern physics lab, based near Geneva back in 1993. Its creator, Tim Berners-Lee, believes that the web is still in its infancy. That seems very true – but what a difference it has made to the way businesses […]
The Companies Act 2006 is the longest piece of legislation ever created – with quite a complex implementation timetable.
Business start-ups were at their highest levels for 20 years in 2007. However, the slowing economy meant that the number of businesses closing also surged during the year.
Many businesses work on long-distance collaboration, and up until recently that meant lots of conference calls for some people. Now, however, the world is moving at a totally new pace, as internet technologies develop and broadband speeds increase.
The Department for Business, Enterprise and Regulatory Reform (formerly known as the DTI) has published some interesting statistics on the state of small business in the UK.
It’s easy to focus on the day-to-day running of your business, especially when you have only just started-up. But once your business is established, it is actually time to start planning again. Here’s why you should review the performance of your business and how to get started.
Hargreaves’ Spinning Jenny helped to eliminate slavery and kick-start the Industrial Revolution. Henry Ford revolutionised global manufacturing by achieving yield/high quality output while providing decent working conditions.