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A lot of work goes into a startup business. Regardless of where you establish the foundation of your company, it’s important that you do not disregard your finances. Accounting is a major area of business, just as marketing, product development, and logistics are. You need to know how much...

Dividend complexities The dividend allowance, which was originally introduced from 6 April 2016, was cut from £5,000 a year to £2,000 from 6 April 2018. The cut is likely to have a significant impact on employees and directors of small businesses who receive both salary and dividend payments. Many family-owned companies allocate...

With concerns over climate change hitting the headlines, it is perhaps appropriate that the company car tax regime seeks to encourage ‘green’ choices; and rewards those who opt for cheaper lower emission cars with lower tax bills.  The current regime for taxing company cars has been...

Accounting is an important part of any business, but the financial demands for each company are different. It’s important for small businesses to manage their finances more efficiently than larger companies, because they don’t have as much capital. If you own a small business and you’re looking to improve...

Most people associate the word “accountant” with a financial accountant. The truth, however, is that financial accountants make up only one of the many kinds of accountants that exist in the UK. These professionals work with managerial accountants. Managerial accountants gather and process data that...

Chancellor Philip Hammond has delivered his 2019 Spring Statement to the House of Commons. A supporting Written Ministerial Statement (WMS) provides more detail on some of the announcements in the Spring Statement, and sets out details of other forthcoming government policies.  Mr Hammond opened his Statement by acknowledging that the most...

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