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HMRC have recently updated their guidance for companies looking to attract investors to buy shares in their company. If structured correctly, and if the company qualifies under the Enterprise Investment…
Good bookkeeping is essential for the success of a business of any size. However, it is also quite a time-consuming task that many business owners find tedious and boring. For…
What is a HMRC Investigation? Did you know that VAT officers can visit your business to inspect your VAT records? They do this to ensure you’re paying the right amount…
There can be many reasons why as a business owner, you may feel changing accountant is the right course of action. The process of changing accountants is actually a relatively…
If you have just started your own business or you are a freelancer with an increasing number of clients, it may be wise to set up a business bank account.…
Where a lot of self-employed people struggle is in keeping their accounting records in good shape. Without a doubt, this process can feel overwhelming and confusing but this does not…
As a small business owner, have you ever wanted to outsource bookkeeping? When running a business, your main aim is usually to satisfy your customers and sell more of what…
Accurate accounting records are an essential part of running a business. Failure to keep track of your accounts can lead to chaos within your business, as well as serious legal…
It doesn't exactly trip off the tongue, and, in fact, many freelancers have never even heard of the tax term IR35. But if you happen to be self-employed and working as a…
The self-assessment system frequently lacks the clarity needed to enable taxpayers to complete their returns with relative ease. Jay Vala has some suggestions for improvement. According to HMRC, 12m taxpayers…