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There are a lot of factors to consider when you start your own business. One of the biggest factors to consider is what structure should you use when setting up…
You must register your business for VAT if your VAT taxable turnover exceeds the registration threshold. This is currently £85,000. You must register if: at the end of any month,…
A decade ago, Bitcoin was the first thing that came to mind when hearing the term, crypto asset. Today, the digital currency market has evolved and revolutionised into something much…
Dividends are paid at the same rate for each category of share according to the number of shares held. However, such inflexibility could mean the distribution of profits not being…
Are you a sole trader? Thinking about switching to a limited company? What about VAT registration? Whether you’re a sole trader or a limited company, you must register for VAT…
From the 6th of April, accountants start to request information from clients. In this blog, we will go through what information accountants need and why. Bank Interest You have to…
Entertainment expenses are not usually tax deductible for businesses in the UK. This means that you cannot claim tax relief for these expenses to reduce your tax bill, and you…
So, you have an idea for a business or project but need to raise some money so you can get started. Loans, credit cards and dipping into savings are the…