Starting a business

There are certain items of equipment, machinery and hardware that are essential to the operation of your business – whether it’s the delivery van you use to run your home-delivery food service, or the high-end digital printer to run your print business. But when a critical business asset is required, should you buy this item outright, or should...

Are you in the dark when it comes to business taxes? We’ve got the lowdown on the key taxes your new business will need to pay – so you’re on top of your tax liabilities. #tax #accounting #businesstips Once you’ve registered your business as a limited company, you become liable for paying taxes on the profits you make....

Making sure you get paid on time is crucial to your success. The process of making sales and generating revenue lies at the heart of any business model. But you can't manage your cashflow effectively or raise any profits if customers don't actually pay their invoices. The easier you can make it for customers to pay you, the...

If you want to stabilise your finances and grow the business, working to strict budgets becomes a necessity. Managing the cashflow twists and turns of a project can be hard work. But it’s easier to do when you have an agreed budget and can track your spending and performance. So, what’s the best way to stay in control...

So you’re thinking of starting a business.  Should you set yourself up as a limited company or a sole trader?  They both have advantages and disadvantages and depends entirely on your individual circumstances.  With the introduction of the dividend tax, there was a short period when it was no longer tax efficient to operate a one person business...