Tax Rates for 2018-19
The new tax year starts on 6th April and with it comes changes to the tax rates and thresholds. Here is a quick round up of what this might mean for you. …
MTDfB will be here sooner than you think
Making Tax Digital for Business, now known as MTDfB, will begin in April 2019 but that doesn't mean you can forget it until then. Now is the time to start thinking about what you need to do in your business to meet the new reporting requirements. MTDfB starts with businesses which are …
Control spending and help your business flourish
The recent demise of Carillion and the possibility of Toys R Us going in to administration because they can't pay their £15m VAT bill highlights how large as well as small companies struggle with cash flow. All businesses rely on their customers to pay them for the work they have done so that they can pay their suppliers and their taxes. A sale is not a sale until it is paid for but unfortunately businesses are liable for their taxes whether they have been paid by their customer or not. …
How much should I pay my employee?
I have been asked several times recently how much to pay someone both in terms of a new employee and as a pay rise. There are really 3 things to consider when you are deciding what to pay: …
Positive feedback for new business seminar
Our recent seminar, New Year, New Business - A Guide for Startups, was very successful despite the unplanned power cut across our area that morning! The presentation without electricity became a very relaxed informal discussion around the table. Candles would have been good but the emergency light and a small window gave everyone just about enough light to make notes! …
