Making the most of your A.I.A. and other capital expenditure secrets.
Tax relief is available on certain capital expenditure in the form of capital allowances but the amount of these allowances can vary depending on the type of asset acquired. It pays to know what asset is which before you commit.read more
Growth through grants
Lack of adequate funding is the biggest killer of startup success – and even more lethal as companies strive to operate in increasingly competitive markets. Yet there is an extensive range of grant funding available to businesses. Is this an opportunity for your venture?read more
Recruiting more staff? Here’s a cute 11 foot monster you need to look out for.
Maybe you’ve seen the recent pensions regulator's ads for auto enrolment. The ones with the cute monster getting around in workplaces and annoying people. It might be cute, but the legislation that is now in effect isn’t. Industry experts predict A LOT of businesses will get caught out by auto enrolment, with hefty fines in some cases. If your recruiting but haven’t had time to get your A.E sorted, now is the time to do it.read more
Don’t leave planning your exit till it’s too late
However you plan to exit your business, getting all your ducks in a row at the right time is vital if you are to get the most out of your hard work.read more
VAT in the UK - how VAT groupings work
VAT grouping occurs where two or more companies or limited liability partnerships are treated as a single taxable "person" for VAT purposes. A VAT group is treated in the same way as a single company registered for VAT on its own, and can save you considerable administrative overheads. But setting up groupings is tricky enough for businesses used to the UK system. If you’re setting up from somewhere else, there are numerous things to considerread more
A do’s and don’ts playbook of tax for start-ups
Failure to plan for business taxes can cost you money. It’s essential that as part of your planning for your new business, you build in steps to minimise you tax exposure. Here’s the fundamentals of what you need to do and not do:read more
3 simple rules for success in raising business finance
While many business owners feel confident about presenting a finance proposal to a bank, a surprising number of proposals are actually turned down. There are 3 essential points you need to keep in mind to maximise your chances of hearing a “yes” rather than a “we’re sorry” when looking to raise finance for your growth aspirations.read more
Avoiding the Start-Up pitfalls 1 - setting up the right structure
When you’re starting up, getting the fundamentals right may be unexciting, but getting it wrong can be disastrous. It might seem that I’m stating the obvious, but choosing the right business structure for your start-up venture really is essential for a range of businesses and, in particular, tax reasons. There are cases where simply changing from one business structure to another has cost the business owner tens of thousands of pounds due to the complexity of UK tax law, and the eagerness of HMRC to get what they can, wherever they can.read more