Let’s face it, nobody likes receiving a fine. Unfortunately for the self-employed and small-business owners, owing to various reasons, a fine could be issued from HMRC (Her Majesty’s Revenue and Customs). Self-Assessment is a system HMRC uses to collect Income…
Most small business owners have to keep a very close eye on their operating budgets. If money can be saved, that leaves more to invest in future growth but also helps create more profit. Whether a small business should hire…
Accounting is one of the most fundamental services that your business needs; most companies at some point decide to use a dedicated accountant to manage their financial affairs. When you look at the broad spectrum, you may realise that hiring an…
A balanced business budget is required to stabilise the financial position of your company. Without one in place, it becomes increasingly difficult to manage cash flow and plan for the future. Before you begin creating one, it pays to understand…
It’s no surprise that governments don’t like the thought of tax avoidance, and that’s why inspections by the HMRC – often referred to as audits – are carried out to ensure companies are paying their fair share. Although around 5-10%…