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5 Tips To Manage Your Small Business Finances
5 Tips To Manage Your Small Business FinancesWhile there are many perks to running a small business - being your own boss, pursuing your passion, a better work-life balance, and so on - there’s also a lot to consider too. Keeping a watchful eye on your small business...
How to Reduce Business Overheads, Without Sacrificing Innovation
How to Reduce Business Overheads, Without Sacrificing InnovationWith rising inflation and continued economic uncertainty, businesses are feeling the pinch more than ever, and the need to reduce overheads is becoming a apparent in these turbulent times. While cutting...
The Abolition of Operating Leases for Lessees: Everything You Need To Know
Financial reporting is set to change in January 2026, which will see a radical update of the Financial Reporting Standard 102 (FRS 102), with one of the most notable shifts being the abolition of the operating lease for lessees.
Remote Work & IT-Tech SMEs: Is WFH The Right Incentivisation?
In the wake of the global COVID-19 pandemic, remote and hybrid working has become the norm for many companies, even with the world finally being on the road back to some kind of ‘normalcy’.
Not only is remote working a no-brainer for saving time and money on the daily commute (not to mention hosting many environmental benefits), but it is also ideal for those managing work and family commitments and is cost-effective in the office space rental department.
Directors’ Loan Accounts: Everything You Need To Know
Understanding Directors’ Loan Accounts (DLAs) and the legal implications that may affect you, including tax and what to do if your DLA is overdrawn.
The Benefits of Using a Backwards VAT Calculator for Your Business
Sometimes known as a reverse VAT calculator, a backwards VAT calculator is a nifty tool for navigating the murky waters of Value-Added Tax (VAT). How it works is the user will input the total amount…
Benefits in Kind: A Full Guide
You may have heard the phrase Benefits in Kind (BiK) be referred to by its more common pseudonym: work perks.
Benefits in Kind are effectively little extras that are included in an employee’s take-home that aren’t monetary.
Company Life Insurance Policies: Why They’re Better Than Personal Policies
Life insurance is always a good investment. But why shell out for a personal policy when there are viable options to do so through your company? This can be especially useful for smaller organisations that do not qualify for group policies.
Paying Expenses in 2023: Is Payroll your best option
Paying Employee Expenses in 2023: Is payroll your best solution?Paying Employee Expenses in 2023: Is Payroll Your Best Solution? While we all aspire to accelerated business growth, it often comes hand-in-hand with some challenges and adjustments - particularly in the...
Sole Trader vs LTD Company: Choosing the Right Option
Sole Trader vs LTD Company: Choosing the Right Option Launching your own company comes with many head-scratching decisions; and perhaps the most confusing one is whether to label your new venture as a limited company, or to declare yourself as a sole trader....
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