If you have decided to set up a new limited company, there are a number of points to consider before the official formation. Company Name Decide on a company name. This must be unique, and not [...]
The New Year is upon us! I love this time of year as it helps me focus on my goals and get my New Year’s resolutions in place. This year I want to expand the business, lose a bit of weight, spend [...]
Know your financial position It is a good idea to monitor your financial progress closely and periodically. This is an easier task to manage using cloud accounting programmes, which clearly show [...]
The General Data Protection Regulations (GDPR) are effective from 25th May 2018. The concepts and principles build upon the Data Protection Act, with some new elements and significant [...]
The employment allowance has been increased to £3,000 this year. So what is it and how does it save me money? Each employee or Director can earn £11,000 each year before they have to pay tax, but [...]
Each employee or Director can earn £11,000 each year before they have to pay tax, but your National Insurance payments start before this, beginning when your annual earnings reach £8,060. This is [...]
For the last few years it has been more popular to start a limited company than to set up as a sole trader. You may be wondering, with the introduction of dividend tax if it is still better to [...]