Category Archives: Company Accounts

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 […]

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 […]

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 […]

FSB Meets at Downing Street to Discuss Issue of Bad Payment Practices


Bemused at the lack of progress being made to arrest the alarming decline in payment practices in the UK, the Federation of Small Businesses (FSB) was granted an audience at Number 10 Downing Street this week to voice their concern at how the issue is affecting small businesses. Recent FSB research has revealed that almost […]

EU VAT Rule Change Creates a VAT Mess For Micro-Businesses


The internet has made it incredibly easy for lots of entrepreneurs and startups to find customers and build a business. Now lots of micro-businesses and solo entrepreneurs who sell online are worried that a new EU VAT rule will mean the end of their business. In the UK, businesses aren’t currently required to register for […]