The UK’s first Autumn Budget under Labour since 2010 has set a decisive tone for the nation’s economic direction. Delivered by our first ever female Chancellor of the Exchequer, Rachel Reeves…
Autumn Budget highlights affecting small business owners and contractors Read More »
Running a limited company in the UK comes with numerous responsibilities, especially regarding benefits provided to employees and directors. For contractors and small businesses, understanding allowable benefits is essential. This is because they can either be exempt from tax, offer potential tax reliefs, or have specific tax treatments. Here, we’ve covered what allowable benefits are,
Allowable benefits for UK limited companies Read More »
Knowing the right time and reason to increase your prices or day rate is a challenge for any small business owner. As a contractor or small business owner, knowing when and how to increase your prices or day rates can feel daunting. However, charging what you’re worth is key to maintaining a sustainable business, rewarding
When to increase your prices and day rates and how to tell your clients Read More »
There are various tax reliefs for small businesses and contractors that can ease the financial pressures that come at the end of each fiscal year. As a small business or contractor in the UK, understanding the tax reliefs available to you can make a significant difference to your financial health. The UK government offers a
7 tax reliefs your small business could be entitled to Read More »
The Bounce Back Loan provided stability and reassurance for many small businesses during Covid-19; the effects are still being felt today. The Bounce Back Loan Scheme (BBLS), introduced by the UK government during the Covid-19 pandemic, offered a lifeline to many contractors and small businesses struggling with cash flow issues. However, now that the initial
The effects of taking a Bounce Back Loan Read More »
The financial process known as ‘cash projection’ or ‘cashflow forecasting’ entails estimating forthcoming cash coming in and going out during a set timeframe. While essential for businesses across the board, is it especially advantageous for small businesses and contractors? There are benefits and possible hurdles of cash projection for these demographics. Determining its viability for
Is cashflow forecasting beneficial to small businesses and contractors? Read More »
A P11D is the form used to report benefits in kind paid to directors and employees which have not been subject to PAYE tax. In this article we’ll look in detail at what you need to know.
How to Keep on Top of Your Bookkeeping Read More »
A P11D is the form used to report benefits in kind paid to directors and employees which have not been subject to PAYE tax. In this article we’ll look in detail at what you need to know.
Why We Partner with Mettle by NatWest Read More »
A P11D is the form used to report benefits in kind paid to directors and employees which have not been subject to PAYE tax. In this article we’ll look in detail at what you need to know.
Limited Company Directors: What you need to know about your P11D Read More »
VAT is one of those taxes that every business owner and contractor needs to know about even if you’re not VAT registered yet, it’s important to understand how the rules affect your business and what your options are if and when the question of registration comes up.
Do I need to register for VAT and if so on which scheme? Read More »
