Most business plans assume that things will broadly go according to plan. Unfortunately, customers, suppliers and the economy do not always cooperate. One useful exercise
Modern accounting software can give business owners access to financial information almost instantly. That does not necessarily mean they are looking at the right information.
1 October 2026 – Corporation Tax payment is due for companies with an accounting period ending 31 December 2025, unless the company is required to
Some taxpayers have already started to receive Simple Assessment letters from HMRC for the 2025-26 tax year, with a further tranche due to be sent
UK employers with employees who normally work overseas may have PAYE and National Insurance obligations when those employees come to the UK to carry out
Making a trading loss whilst not ideal can sometimes generate a tax refund. If you are a self-employed individual or a member of a trading
HMRC has launched an improved online service to make it easier for individuals to register for self-assessment. Anyone who needs to submit a tax return
When a customer takes 60 or 90 days to pay an invoice that should have been settled in 30 days, there is another way of
For many businesses, broadband has gradually become as important as electricity. Cloud accounting, video meetings, online backups, customer management systems and increasingly artificial intelligence applications
Recent employment figures suggest that the number of people on UK payrolls is continuing to fall. That does not necessarily mean your business should reduce
Many successful small businesses have one person at their centre. The owner knows the customers, agrees prices, deals with suppliers, manages the bank account, supervises
Running a limited company brings with it a considerable amount of administration. The government is now considering whether some of the UK’s corporate reporting requirements