How can I improve my cash flow?
Many businesses, particularly in the early years, struggle with cash flow – there is more going out than coming in – but this cannot carry on forever. Most businesses that go bust do so because of lack of…
Cash is King! What’s the difference between cash and profit?
Most companies go out of business through lack of cash, not from lack of profits. But many business owners don’t know the difference between the two and that can be a costly mistake. The phrase ‘cash is king’…
Autumn Budget 2017 Update
How will yesterday’s Autumn Budget affect you and your business? Well there wasn’t a great deal to get excited about in either a good or bad way, and with Brexit looming any predictions or forecasts are far from…
What’s the difference between tax evasion and tax avoidance?
What’s the difference between tax evasion and tax avoidance? Celebrities, sports stars and politicians alike have been in the news in recent weeks, hitting the headlines for their tax avoidance in the Paradise Papers. But they haven’t done…
The Real Cost of Christmas
Thinking of giving a gift for Christmas? It’s almost that time of year again when we hang the lights and decorate the tree, and you might be considering giving a Christmas gift to your team or customers, or…
What are the different VAT rates and what do they mean?
What are the different VAT rates and what do they mean? We are often asked what all the different VAT rates are and what they mean. Zero-rated is the same as Exempt, right? Wrong. Read our guide below…
Is the Christmas party tax allowable?
Whether we like it or not, Christmas is rapidly approaching and many of us will have already booked our annual party to celebrate. But what are the costs to your business and what is tax allowable for your…