Small Businesses will need to take proactive decisions steps to prepare for Brexit. If a transitional period is granted then small businesses will have more time to take the necessary actions before the final exit of Britain from the EU. Tip1 –...
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Some business strategies work better than others when it comes increasing your profits for your small business. By incorporating the following will support your small business in achieving more profit in the long-run. Assess Expenses Periodically...
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Announcements made in the 2017 Autumn Budget that may impact small businesses, freelancers and contractors are looked at in this quick summary. National Living Wage The National Living Wage will rise to £7.83 from April 2018 for employee over 25...
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Small businesses will need to observe the effects interest rate rises have on your business. Their effects could change the way in which you do business, especially in the finance department. The following guide will highlight the most likely...
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This quick guide will detail some financial tactics that could minimise your tax at year-end accounts. An accountant should be consulted to ensure proper planning has been put in place so that full advantage of these tactics can be gained before...
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As HMRC tackle tax evasion, we have prepared a quick guide into how and why they are tackling tax evasion and fraud. Examine data with software program ‘Connect’ The use of the super software program ‘Connect’ is being used to examine data and...
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Here are our top tips to recruiting the best staff so that you can put together a great team that can lead to company growth. Top Tip 1 – Add a Full Job Description It is important to attract the right type of qualified individuals if the best...
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During your first year of trading you will need to get onto a routine of managing your small businesses cash flow. This ensure that you have enough funds to cover your initial expenses. Below are some tips on how to successfully manage your...
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Buying a Company Car Business owners will be at some point interested in buying a company car, choosing the best options available can be confusing at a first glance. There are many advantages and disatvantages for the various schemes available...
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Applying for a Start-Up Loan A new start-up will need as much funding as it can get to launch itself successfully. However, when applying for a loan, the information that needs to be submitted must include certain elements. You should include...
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Choosing whether you hire onsite or offsite staff is a tricky decision for a small business owner. To ensure that you make the right choice for your small business, we will highlight the pros and cons of Onsite and Offsite Work. Pros of Offsite...
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Key Points – Changes to Dividend Tax 2017 The proposed changes to the dividend tax allowance has now been withdrawn due to General Elections. The tax-free dividend allowance would have been decreased from £5000 to £2000 which would have...
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