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Limited CompaniesSole Trader or Partnership

For most fully taxable businesses, VAT can be reclaimed on goods and services used in the business. This means that businesses must consider where

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Charities and Not-for-ProfitLimited CompaniesSole Trader or Partnership

You may recall that a new Plastic Packaging Tax was announced in the 2020 Budget. The legislation is now before Parliament so we have

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Limited Companies

Companies House has extended its online-only services to help prevent unauthorised company name changes. PROOF is a free service which lets you protect your

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Limited CompaniesSole Trader or Partnership

What is a multi-year contract? It’s simply a contract with your customer that lasts longer than one year and gives you both some financial

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One of the most critical factors that determine the health of your cash flow is your customer payment terms and debtor days. Net 30

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Limited CompaniesSole Trader or Partnership

The success and long-term value of any business depend heavily on the relationships it builds with its customers. Therefore, your company’s most valuable asset

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IndividualsLimited Companies

What is cross-selling One of the easiest and best ways to increase your business’s revenue and profitability is by cross-selling more services to your

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Charities and Not-for-ProfitLimited CompaniesSole Trader or Partnership

The Employment Allowance enables eligible employers to reduce their National Insurance liability. The maximum allowance for the 2021-22 tax year is £4,000, or your total

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Charities and Not-for-ProfitLimited CompaniesSole Trader or Partnership

The trivial benefits in kind (BiK) exemption applies to small non-cash benefits like a bottle of wine or a bouquet of flowers given occasionally

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Individuals

Most gifts made during a person’s lifetime are not subject to Inheritance Tax at the time of the gift. There’s usually no Inheritance Tax

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Individuals

There is usually no Capital Gains Tax (CGT) to be paid when you sell your main family residence (referred to by HMRC as private

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Limited CompaniesSole Trader or Partnership

As part of its “Plan for Jobs”, the government has now announced that, from 1 June 2021, employers of all sizes in England can

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