How can you prepare for the basis period reform?

We are currently in the transition period for the basis period reform, which is set to come into full effect from the 2024/25 tax year.

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Preparing your business for the summer

If you run a business in a tourist hotspot, you need to get prepared for the summer.

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What salary should I take as a director of a limited company?

Being a director of a limited company means having the ability to pay yourself in a different manner to being a typical PAYE employee.

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10 Common Accounting Terms, Explained

Having general accounting knowledge is crucial for any business owner, especially during tax season. Understanding common accounting terms is highly beneficial, as you will identify how they relate to your business and how it is performing.

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What do you need to know about salary and dividends?

If you are a business owner, you need to consider what to take in salary or in dividends.

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How can I make best use of management accounts?

As a business owner, the financial health of your company plays a key part in every decision you make.

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Are you missing out on tax-free corporate investment allowances?

When it comes to running a business, you must keep up with the ever-changing industry you are a part of.

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Are you a sole director operating under the Model Articles?

A recent legal case has concluded that private limited companies operating under Model Articles must have at least two directors.

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Grow your business with these top tips

Anyone can start a business but not everyone can grow a business into a flourishing enterprise. If you want your business to flourish, some key steps can help you on your way towards growth.

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