Setting objectives for your business

Setting objectives for your business

Setting objectives for your business in the next 12 months which are realistic and can be achieved is one of the most valuable exercises you can carry out for your company. If you don’t have one, whether the business is going well or not is really down to your subjective feelings towards it. You may… Read more…

Beneficial loans to employees

Beneficial loans to employees

If an employee was going through financial hardship and needed help, what would you do? Many companies choose to offer their workers beneficial loans, giving them a less risky and more compassionate alternative to payday loans. These can be paid by your company to someone it either employs or will employ in the near future.… Read more…

Pay your VAT monthly

Pay your VAT monthly

The VAT annual accounting scheme allows you to pay your VAT bills every month, rather than every quarter. It’s designed for businesses which struggle to pay the more sizable quarterly VAT bill. But how does it work? VAT Annual Accounting – how it works Instead of submitting four VAT returns a year where what’s included… Read more…

Income allowances and self-assessments

Income allowances and self-assessments

Two new income allowances have been introduced this year – property income allowance and trading income allowance. First announced in 2016, the same Autumn Statement saw the announcement that the already stingy dividend allowance (stingy compared to the halcyon days of pre-April 2016) was being reduced from £5,000 to £2,000. Then, in a rush of… Read more…

Business protection insurance

Business protection insurance

We insure our homes, our phones, our cars, and even our pets. As responsible adults, we make sure, should the worst happen, that our families aren’t left with hefty hospital bills or funeral costs, and that our affairs are all in order. Yet a surprisingly high 50% of business owners have made no arrangements regarding… Read more…

Buying a car through a company

Buying a car through a company

Buying a car through a company might sound like a great idea for saving but it’s complicated area that needs proper consideration before you take the decision. It may actually be better to lease a car rather than buy it. Or would it be better to just buy the car yourself? Let’s look at the… Read more…