Main points about the 2020 budget for Small & Medium Size Businesses.
CoronaVirus – How to handle your business?
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 […]
Pension Strategy
Cambridge dictionary defines “Pension” as – an amount of money paid regularly by the government or a private company to a person who does not work any more because they are too old or have become ill. Ignoring the illness & old age, basically, Pension should be treated as an Income for doing nothing ! If so, why not have a Pension strategy which aligns with your Business strategy? With the introduction of Auto Enrolment for Pensions, the UK Government […]
Budget 2017
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 […]
What after Self Assessment?
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 […]
Keeping it Simple
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 […]
Benefits of Planning
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 […]
Your Companion in every step
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 […]