Why Has the MTD Scheme Been Delayed?
The government has announced MTD for Income Tax has been pushed back to 2026! Phew, you might think… Whilst the burden of digitalizing records by April 2024, for all self-employed individuals and landlords with an income of more than £10,000 seemed like a costly painful transition process, there are definitely merits to embracing technology in […]
How to Write a Business Plan for an Unsteady Climate – Looking to 2023
The Bank of England has made the biggest single rate rise in 33 years and also expects the UK to fall into the longest-ever recession and has warned the UK would face a “very challenging” 2-year slump. The unsteady climate means it is really important to look at your business plan and be thinking about […]
Biggest Changes to the VAT Regime for Over 30 Years
Are you aware of the VAT penalty system from 2023? From 1 January 2023 changes are to be made to the default surcharge system which has been part of the VAT regime for over 30 years. The new system will seek to penalise serial offenders whilst taking a more lenient approach to those who make […]
We Look at the Dos and Don’ts of Starting Your Own Business
Thinking of going solo? We look at the dos and don’ts of starting your own business Dos Check out our business start up page here Look at what government support is available here Write a business plan – you can finds tips on how to in our factsheet here Get educated – understand the rules […]
Your Guide to Enterprise Management Incentive Schemes (EMIs)
What is an EMI Scheme? An Enterprise Management Incentive, or EMI, is a share option scheme for small to medium-sized UK businesses. The scheme is tax advantageous and allows businesses to share successes with their employees. An EMI gives employees equity involvement in a business, enabling businesses to share their successes and reward their staff. […]
5 Ways to Retain Employees and Attract Candidates
Recruiting and retaining good people can be hard for small businesses but attracting and keeping employees isn’t always just about the pay packet. Here are our five top tips for how you can retain employees and incentivise potential candidates to improve recruitment and retention. Tip 1: Invest in personal training and development By offering employees […]
