Tax is complex, but here we can teach you exactly what you need to know to manage your own taxes within your business.
As a small business owner, understanding the financial health of your company is essential for making informed decisions and achieving long-term success. Detecting financial trends and patterns in management accounts can help you grow the successful parts of your business, and cutoff the parts that aren’t profitable. The most powerful tool at your disposal are […]
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The Language of Management Accounts Numbers speak a language of their own, and for professionals in the world of accountancy, decoding this language is a crucial skill in reading management accounts effectively. In the realm of management accounting, the ability to effectively read and analyse management accounts is paramount for making informed decisions and driving […]
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A Full Guide to Tax on Business Savings Managing finances effectively is essential for any business, and understanding the tax rules on business savings accounts is a crucial aspect of financial planning. In the United Kingdom, businesses must navigate the complexities of taxation when it comes to their savings. In this beginner’s guide, we will […]
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Every small business requires a lawyer to handle legal-related issues. It may seem unnecessary at first, but as you dive deeper into the business world, you might encounter some situations in which you need the help of a lawyer to handle those specific issues. A business lawyer is a person with a legal capacity who […]
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Risk is any event or circumstance that can negatively affect or impact your business. Every business faces risk, and risks can vary from one business to another. Which is why risk management for small business is vital to success. For example, a shoe store might incur the risk of theft, while a barber shop can […]
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The UK government has recently announced changes to Corporation Tax in 2023, the tax paid on the profits of UK companies. These changes include an increase in the rate of Corporation Tax for higher profit companies. From April 2023, the rate of Corporation Tax will increase from 19% to 25% for companies with profits over […]
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