Category Archives: Business Finances

‘Christmas crafters’ set for sales of over £376 million

Over three million people in the UK are planning to make and sell Christmas related gifts this year.  According to a new report published by Direct Line they are collectively set to sell £376 million worth of handmade Christmas related goods. The most popular Christmas items for crafters to make and sell are: Christmas Decorations […]

What can I record as Expenses?

Most things that you buy for your business can be classed as expenses. Any Corporation Tax your business pays is calculated after your expenses have been taken into account. So accurately recording expenses means you can end up paying less tax. Startup Costs One of the first things your business can claim back are your company […]

Summer Budget Targets Contractors and Agency Workers

One of the biggest drivers of new limited company formations in the past couple of years has been contractors and agency workers. The use of limited companies by highly paid and skilled consultants and IT contractors has been well established for a number of years. In part these kind of high earning contractors have worked […]

Which Party Should Startups Put Their Trust In?

With the general election looming ever closer, the political parties are fighting tooth and nail to try and convince undecided voters to pledge their support to them on polling day. One of the demographics that have been a focus for virtually all of the campaigns has been the country’s small business owners. Widely agreed to […]

6 Numbers Every Business Owner Needs to Know

We’ve all seen it on Dragon’s Den. The sight of budding entrepreneurs squirming in front of the panel as they try to recall the financial information about their fledgling businesses that will go a long way to determining whether they secure investment or not. But it’s not just your prospects for receiving a cash injection […]

Budget 2015: What does it mean for startups?

With the general election less than 50 days away, George Osborne has unveiled his sixth Budget as chancellor. Against the backdrop of economic recovery and declarations about Britain’s status as a great place to start a business rife in recent months, there was much anticipation as to whether the contents of the little red briefcase […]

5 Tips to Help Small Businesses Keep Cash Flowing

The issue of late payments and the effect that it has, particularly on startups and small business, is well documented and continues to be a topic of much discussion. Only last month the Federation of Small Businesses (FSB) took the grievances of its members regarding bad payment practices to Downing Street. A look at some […]