News
It's important to stay ahead of the game by keeping abreast of the latest developments in tax and finance, so here are some of recent articles that we think you may find interesting.
Remember to check back regularly as we are posting new articles all the time.
Are loans to directors and employees tax free?
Do you know the rules around director’s loans? If you withdraw money from your company other than for salaries or declared dividends, you should come and talk to us. #tax #directorsloans
6 secrets to getting prompt payment
Keeping positive cash flow is really important for a small business. Late payments can cause big issues, so stay on top of your invoicing with a proactive strategy. Sometimes it just takes a phone call. #smallbusiness #moneytalk
The importance of a business bank account
Does your company have its own business bank account? If not, we’ve got 5 reasons why you need a separate account for your business profits. #banking #accounting #businesstips
Taking out cash for Directors vs Sole Traders
If you’ve just moved from being a sole trader to a director, you may get caught out when withdrawing cash from the business. The rules are different. We’ll help you tick all the right boxes and keep your finances compliant. #directorspay
Business tips: Budgeting and managing cashflow
Do you know the best way to manage a project budget? We’ll help you build solid, workable budgets that can be easily tracked through your accounting system. #businessadvice #startup
Quick Tips: Making use of the Marriage Allowance
The Marriage Allowance lets you transfer £1,260 of your Personal Allowance to your husband, wife or civil partner. This reduces their tax by up to £252 in the tax year... which adds up! Talk to us about the marriage allowance. #tax #accounting #VAT
Cash versus accrual accounting explained
Do you prefer cash accounting or accrual accounting? We can help you figure out what’s best for your business. #SmallBusiness #cashflow
Buying commercial property through a pension scheme
Owning your business premises through a pension scheme can be a highly tax-efficient way to invest in property. We’ll explain which schemes you can use and the tax benefits of doing so. #tax #pension #property #SIPP #SSAS
Trading while insolvent: what are the rules?
Your company is insolvent when it can’t pay the amounts it owes. If you’re struggling financially, get in touch with us sooner, rather than later, to help prevent your company from slipping into insolvency. #insolvency #accounting #businesstips