Starting a business doesn’t come as easy as some people think; there are many things which can try and test you, but if you stick it out and follow these simple tips, you can be sure you are heading in the right direction. When starting up you need to ask yourself the following questions: 1. … Continue reading 7 Essential Tips for Start-ups
If you own your own business or are considering such a move, keeping accurate records not only benefits you for tax compliance, but it could also benefit your business. Keeping accurate records may: Reduce your accountancy fees make filling in your tax return more straightforward help you with budgeting and cashflow help your business grow … Continue reading Bookkeeping Tips for Small Businesses
Do you remember life before Google? Rushing to the dictionary to look up a word, pulling out your paper maps for directions or learning a new language just in order to decipher a foreign word. Gone are the days of quizzing the office on 'How do you spell this?' or 'What does this word mean?'. … Continue reading How did we survive without Google?
Leanne Flanagan, tax senior at Green & Co provides some last-minute tax return advice in an article by Moneywise: “With under a month to go to get your accounts in order, we solve queries about your tax liability if you're self-employed..."
Liquidation is a type of insolvency proceeding that applies only to companies, according to the Insolvency Service. It is distinct from bankruptcy, which is limited to individuals. Liquidation requires a liquidator who will “wind up” a limited company’s legal affairs by performing a series of specific steps. The company will cease to exist once this … Continue reading Tips for Small Businesses to Avoid Liquidation