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What business mileage can I claim?

We often get asked the question what business mileage our clients can claim back, and what tax they will have to pay on it if they do. Below we break down the differences between business mileage and private…

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What’s the difference between cash and profit? Not knowing can cost you dearly

The vast majority of businesses, particularly those in their early stages, go bankrupt through lack of cash, not from lack of profits. However, many business owners don’t truly understand the difference between having cash and having profit and…

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VAT change for builders delayed until 2020

The VAT change for builders – known as the Domestic reverse VAT charge – has been delayed. It was due to come into force on 1st October 2019, but the Domestic reverse VAT charge has now been delayed…

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Brexit: Customs intermediaries grant scheme launched

In advance of leaving the EU on 31 October 2019 the UK government has announced a Customs intermediaries grant scheme. Should the UK leave, there will be immediate changes to the way UK businesses trade with the EU,…

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Female owners less likely to quit their business than male owners

A new study has revealed that female entrepreneurs are less likely to give up on their businesses than their male counterparts. Men are 14% more likely to leave their business, whereas women were more likely to stay at…

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