Making the best exit

The pandemic has been a catalyst for many major business decisions over the past few months. In a recent blog, we talked about how it potentially gave people the opportunity to develop a side hustle and turn that into a business. For others, further along their business journey, it has potentially been the catalyst to […]

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When your ‘side hustle’ becomes more than simply a hobby

Not so long ago, most of us would have one main job, and occasionally a second evening or weekend part-time role. Today it’s not unusual to have a small business running alongside our career – often referred to as a ‘side hustle’! It seems that lockdown was the catalyst for many of these most recent […]

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Make pay day less stressful

If you’ve made the decision to run your business as a limited company, you might then go on to recruit employees. However, you could remain the only individual within that business. Did you know though that even if you are the only person within a limited company, you could still become an employee of that […]

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Don’t get caught out by CGT reporting

The UK housing market still appears to be buoyant, with Rightmove reporting that homeowners are continuing to take advantage of record asking prices to sell their properties. The company says that the number of requests from prospective sellers for an estate agent to come out and value their home is at its highest level since […]

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Back to school

It’s September and officially ‘back to school’ for nine million children in the UK (according to Government statistics) after the long summer break. This is traditionally a time to be organised – to have that school bag packed, complete with a shiny new pencil case. For businesses, this is also a time to re-group a […]

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Helping you with the compliance of being a limited company

If you – typically with advice from us – make the decision to change from being a sole trader to a limited company, there is a fair amount more compliance involved. You will be a director of the business (which could be just yourself or you might have employees). Setting up a limited company is […]

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Making the most of the summer slowdown

For many UK businesses – depending on what sector they’re in – the summer can traditionally be a slower time of the year. As a business owner though there are lots of tasks which could be tackled during this potentially quieter time, which you can then reap the benefits of over the next few months. […]

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If insolvency happens

As we emerge from the pandemic, we are witnessing a sharp increase in the number of insolvencies registered in the UK. According to figures from The Insolvency Service, between 1 January and 31 March 2022 there were 4,896 registered company insolvencies. After seasonal adjustment, the number of company insolvencies in Q1 2022 was 6% higher […]

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A chance to reduce your tax bill?

If you’re a sole trader, then your second payments on account deadline is on the horizon – 31 July this year – when you are expected to pay half of your estimated tax for the 2021/2022 tax bill. This figure, which appears on your most recent tax statement (which you can access online) is based […]

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The sun has got its hat on

The sunshine over the past few days has encouraged a lot of us to venture outdoors and even book a few days away to make the most of it. Many of us rediscovered beautiful corners of the UK over the past two years, when travel abroad was tricky and, for many months, impossible. Now, while […]

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