What you need to know before filing self-assessment for 2017/18.
It's a common scenario.
As the year draws to a close, the thought of your tax return is there, at the back of your mind. But with so much time before the deadline, you decide not to worry about it for now.
Then the weeks start to fly by, Christmas comes and goes, and soon you're planning for the New Year and getting back to work as normal.
When and how to begin the process of deregistration.
These days VAT thresholds are the subject of much speculation, with the Government concerned that many business owners deliberately choose to stay below the VAT-registration threshold.
Limiting your ambition in this way might seem counter-intuitive – surely you want your business to get as big as possible?
What are the tax implications?
People run businesses for a variety of reasons from passion to pride, but making a living is high up the list for most people.
How do you go about drawing proit from your business, and doing so efficiently?
How to plan and make a legally valid will.
Most people don't like to think about their own mortality, but planning for the future is important to ensure your property, money and possessions are distributed the way you intend.
Writing a legally valid will is an essential part of this, and can provide peace of mind for you and your loved ones.
What you need to know before launching a startup
Britain is a nation of fearless entrepreneurs, but the likes of Richard Branson and James Dyson didn't go from rags to riches instantly.
Branson needed a £300 loan to get his magazine up and running after dropping out of school at the age of 16, while Dyson produced 5,167 prototypes before inventing his vacuumless dust-buster.
How your pension savings can help finance your business.
As traditional loans fall out of favour with increasing numbers of business owners, you may be looking for an alternative route for financing – and your pension could be the answer.
Data from the British Business Bank shows that in 2017 the number of small businesses seeking traditional bank loans reached a record low of only 1.7%.
This month the insider covers:
This month the insider covers:
This month the insider covers:
How has devolution affected what tax you pay?
First-time buyers in England, Northern Ireland – and for a short time in Wales – were the biggest winners in the most recent shake-up to affect property taxes in Autumn Budget 2017.
Philip Hammond's headline measure was to abolish stamp duty for first-time buyers on homes worth up to £300,000, and the chancellor didn’t stop there. He also introduced a reduced rate of 5% on the portion worth from £300,000 to £500,000, providing a welcome boost for many aspiring homeowners in London where the average residential property sold for £556,146 in 2017.