Main points about the 2020 budget for Small & Medium Size Businesses.
The disruption caused by CoronaVirus in the UK has got significant effects in the way businesses are run now. What help can you avail? Commercial Premises Grant – From £10,000 to £25,000. Please speak to your local council if you pay business rates. Defer VAT payments till 31 March 2021. Self Employed people can avail up to £2,500 pm based […]
Now that Mr. Hammond has been speaking about the Budget for 2017, the main points are given below 1. Class 4 – NIC for Self Employed to increase from 9% to 10% in April 2018 & to 11% in April 2019 2. Class 2 – NIC will be axed from April 2018 3. Tax FREE Dividends – to be reduced […]
This is a question always been asked? Whether to be in Employment or Self Employment? My answer has always been – “Follow your Passion”. The beauty about following your passion is that you would “Enjoy doing what you are doing”. The average wage in the UK is around £24,000 per annum. 64% are in employment and 11% are in Self […]
Now that Self Assessment Tax returns are out of the way, what should Businesses focus on? The focus should be on 5th April 2017. what major Tax strategies are you focusing on? Is it to be treated for 2016-17 Tax year? Do we need to declare Dividends? Do we need to crystallize any capital gains? Are we bringing all major […]
Over the past few months, the concepts of stripping back the superfluous, simplifying and pulling apart the true meaning of integrity have been strong personal themes. For many people, there’s a drive to again inspect old patterns that continue to run happily in the background despite years of self-examination. Perhaps under the direction of a new global energy, there’s a […]
It’s normal to hear time management discussed in business circles; yet, it is a topic that can be of great benefit to everybody. Time is a challenge for all of us, whether we’re business people, workers, students or stay at home moms or dads. There seems to be less time in today’s world, and that’s why it’s a lot more […]
Why do you need an Accountant to assist you in every step of your business journey? Running a business involves interaction of the following within the business. Finance & Financial Management. Staff & management of Human Resources. Investments in Assets The owner of the business needs to be aware of the fact that the interaction of the above could have […]