NEWS
Keep up-to-date with the latest business news and reports.
Do you have to pay taxes when you inherit a house in the UK?
Following our blog on Inheritance Tax in the UK, we decided to dig a little deeper on one of the more complicated aspects of it: inheriting property. There are many questions that revolve around property inheritance, and they often need answers at...
Financing your business
Congratulations! You’ve got a business idea that’s hot to trot. Now it’s time to turn it into a reality. The problem is, you’re going to need some start-up funding to finance your business before you can get anything off the ground, and you’re not...
Stamp Duty Land Tax – what do you need to know?
Property in the UK is big news right now, with house prices hitting a record high. According to the Office for National Statistics, the average price in March 2022 was £24,000 higher than at the same point in 2021. However, the cost of living...
Tax-efficient finance for your company
HMRC have recently updated their guidance for companies looking to attract investors to buy shares in their company. If structured correctly, and if the company qualifies under the Enterprise Investment Scheme (EIS) or the Seed EIS rules, the...
Employee-owned businesses – how do they work?
Employee-owned businesses – how do they work? If you’ve ever shopped at a branch of John Lewis, you may have heard the people working there referred to as ‘partners’. This is because John Lewis is one of the 470 employee-owned businesses in the UK,...
Income Allocation – how much of your income should you allocate where?
The most important element when it comes to financial planning for your business is your budget. It will give you critical insights into how your business is doing – income, cashflow and expenses. But do you know what percentage of your income you...
Understanding your balance sheet
Be honest, how closely do you look at your balance sheet when your accountant produces a report for you? Do you glance at it, check you’re in profit and then carry on with what you were doing, assuming that if there was anything really worrying...
Understanding Inheritance Tax
If, as Benjamin Franklin said, ‘Nothing is certain except death and taxes’. Then it’s important to have an understanding of the latter and how the former (or more specifically, inheritance) can affect you financially. What is Inheritance...
6 top tips to make your bookkeeping easy
When you’re running a small business, bookkeeping may be the last thing you want to think about. But the reality is that it needs to be a high priority! Keeping accurate books is vital for accurate financial reporting and is critical should you...
Why Pay Pension Contributions?
Personal Pension Contribution When it comes to personal pension contributions, there are a lot of benefits to be had. Not only do you get the peace of mind that comes with knowing you're doing something to secure your future, but you can also enjoy...
Do you have to pay taxes when you inherit a house in the UK?
Following our blog on Inheritance Tax in the UK, we decided to dig a little deeper on one of the more complicated aspects of it: inheriting property. There are many questions that revolve around property inheritance, and they often need answers at a highly emotional...
Financing your business
Congratulations! You’ve got a business idea that’s hot to trot. Now it’s time to turn it into a reality. The problem is, you’re going to need some start-up funding to finance your business before you can get anything off the ground, and you’re not sure where to start....
Stamp Duty Land Tax – what do you need to know?
Property in the UK is big news right now, with house prices hitting a record high. According to the Office for National Statistics, the average price in March 2022 was £24,000 higher than at the same point in 2021. However, the cost of living crisis means that the...
Tax-efficient finance for your company
HMRC have recently updated their guidance for companies looking to attract investors to buy shares in their company. If structured correctly, and if the company qualifies under the Enterprise Investment Scheme (EIS) or the Seed EIS rules, the investors can potentially...
Employee-owned businesses – how do they work?
Employee-owned businesses – how do they work? If you’ve ever shopped at a branch of John Lewis, you may have heard the people working there referred to as ‘partners’. This is because John Lewis is one of the 470 employee-owned businesses in the UK, meaning that each...
Income Allocation – how much of your income should you allocate where?
The most important element when it comes to financial planning for your business is your budget. It will give you critical insights into how your business is doing – income, cashflow and expenses. But do you know what percentage of your income you should be allocating...
Understanding your balance sheet
Be honest, how closely do you look at your balance sheet when your accountant produces a report for you? Do you glance at it, check you’re in profit and then carry on with what you were doing, assuming that if there was anything really worrying going on that someone...
Understanding Inheritance Tax
If, as Benjamin Franklin said, ‘Nothing is certain except death and taxes’. Then it’s important to have an understanding of the latter and how the former (or more specifically, inheritance) can affect you financially. What is Inheritance Tax? Inheritance Tax...
6 top tips to make your bookkeeping easy
When you’re running a small business, bookkeeping may be the last thing you want to think about. But the reality is that it needs to be a high priority! Keeping accurate books is vital for accurate financial reporting and is critical should you face an audit. As your...
Why Pay Pension Contributions?
Personal Pension Contribution When it comes to personal pension contributions, there are a lot of benefits to be had. Not only do you get the peace of mind that comes with knowing you're doing something to secure your future, but you can also enjoy significant tax...