Category: Small Business Guides

Whether you are starting a new business or have been self employed for some time, we have assembled a collection of small business guides provided by our expert and experienced accountants.

In need of some additional advice? Please don’t hesitate to contact us.

How to Write a Business Plan? The essential elements you can’t go without

To make sure that your business is heading in the right direction, its important you lay out a business plan so that you can focus on your targets, ensuring every new assignment you undertake is moving you closer to your goals.

Self Employment Income Scheme

The Self-Employment Income Support Scheme (SEISS) reopens for claims this August. Here’s what you need to know.

In this guide, we will cover the main changes to the Self-Employment Income Support Scheme (SEISS). Namely, the amount of available grant for you, from August and the eligibility requirements to submit a claim.

How to Maximise Your Tax Efficiency – 15 Top Tax Tips for 2019/20

How to maximise your tax efficiency in 2020/21 – Top tax tips to help reduce your tax bill

How to maximise your tax efficiency this year?​
There are many solutions you should be aware of in order to fully optimise your take home pay in 2020/21.
To help you get started today, here’s a quick review of some of the benefits available for you and your business.

Changes to the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme (SEISS)

Changes to the Coronavirus Job Retention Scheme

Chancellor Rishi Sunak has introduced some changes to Coronavirus Job Retention Scheme (CJRS) and announced a further extension to the Self-Employment Income Support Scheme (SEISS)​. As Britain moves into the first stage of easing the lockdown.

Limited company setup guide - Give your new business a flying start

The Complete Guide to Setting Up Your Limited Company in 6 Easy Steps

Even during these troubled and uncertain Coronavirus times, starting a small business is an exciting step. It puts you firmly in control of your own destiny and earning power while also being a very tax-efficient […]

2020/21 dividends tax guide for directors and limited company owners

What are dividends and how are they taxed?

For most small business owners, the best take-home pay solution is a mixture of salary and dividend, whereby you take your tax-free personal allowance as salary and the rest of your income as a dividend. There are certain rules you have to abide by when calculating and taking dividends. Here we explain how dividends work.

Taking salary and dividends

UK Dividend tax rates and thresholds for 2020/21

The new tax year starts today and whilst we all have other matters on our mind, its worth noting the changes to the tax thresholds and new changes introduced, summarized below.

COVID-19 support for small business employers – The Coronavirus Job Retention Scheme (CJRS)

What is the Coronavirus Job Retention Scheme (CJRS) and how it can assist you as an employer? What are the CJRS rules you need to be aware of when your employees are furloughed.