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One of the most important decisions a business owner has to make is whether to operate as a sole trader/partnership or via a Limited Company. Company tax rates have fallen in recent years and this has made the Company route more attractive even to those posting relatively low levels of profits. How Read More

There are many reasons why businesses decide not to install special accounting software. These include perceived costs, worries about complexity, and the gut feeling that piling receipts into a shoebox and handing them to an accountant at the end of each year should be sufficient. Read More

With effect from 1 October 2011, the pension regime in the UK is changing. All employers will not only have to offer access to a pension scheme, they will have to automatically enrol their employees within that scheme and make contributions towards it. Luckily for the smaller employer, the pension Read More

The school holidays have arrived, Parliament is in recess until 5 September and London has wound down to slumber away the summer months. Or has it? Just how much effect do the summer holidays have on London businesses? Well, in truth, London is such a culturally rich and diverse city that the effec Read More

Local media is still a powerful way to publicise yourself. People plug into it to see if they spot anyone they know. If you supply real news to local journalists, they’ll be grateful to have something solid to fill their outlet with. And you’ll achieve your goal of promoting your business. Read More

Being in business means making decisions. Whether it is the exact shade of paint to add a touch of gloss to a product or the need to purchase equipment or sadly make someone redundant, business life is full of choices and the need to be decisive. Sometimes we are so bound up in the need to make dec Read More

Napoleon once famously referred to the UK as a nation of small shopkeepers. Although times have changed with international business threatening in some places to take over our high streets, the tradition of small business and entrepreneurship still stands firm. It is in partial recognition of this Read More

Whilst the announcement by the Chancellor, George Osborne, that he intends to investigate the merging of regulations for tax and national insurance (NI) is welcome, any likely improvements in this area will take some time come into effect. In the meantime with a new tax year upon us bringing with i Read More

Bookkeeping is not just about avoiding potential HMRC fines. Keeping up to date with receipts and payments will help you to stay on top of your businesses finances. VAT returns will be more accurate and by using appropriate accounting software can often be produced automatically at the touch of a Read More

The annual rush to file self assessment tax returns on line by the end of January is over with almost 7 million people using the online system. Of those over half a million waited until the final day with 49,000 returns being submitted in the hour between 4 and 5pm. Whilst undoubtedly many of the r Read More