Are you planning to start a new business? We understand that starting a new business can seem like a minefield. What do you need to do? What and who do you need to know? Where and what do you need to register? How to register? What records should be maintained? What options do you have for using Cloud accounting? How can you minimise your tax liability while maximising your profits?

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Buying a franchise

Is buying a franchise of interest to you? This is one approach that many adopt in order to become...

Initial costs of starting in business

No new business is the same as another even if the product or service is similar. Review our...

Preparing your business plan

Do you have a written business plan? Failing to plan is the first step towards planning to fail.

Proving your credentials to investors

People don't invest in ideas; they invest in people. You can have the world's best business plan...

The national minimum wage and the national living wage

An employer must pay their workers a minimum amount per hour as defined by law. This is referred to...

Buying a business

Buying an established business that someone else wishes to sell provides a path that many follow to...

Choosing your accounting date

You are free to select your choice of accounting date. Under the current year basis, the taxable...

Claiming expenses

The rules which determine what expenses can be deducted from profit for tax purposes are...

The construction industry

There are special tax rules affecting the construction industry, which are designed to ensure that...

Business deductions

In order to attract a deduction in computing the profits of a trade or business, direct costs and...

Employed or self-employed?

The question as to whether someone is employed or self-employed is not as straightforward as it...

The tax system for the self-employed

If you start working for yourself, you must register with HMRC.

Tax planning for businesses

If you are thinking of starting a business, you should consider, among other factors, the impact of...

Insuring your business

Adequate insurance is fundamentally important for a business. And in many cases, it is actually a...

Essential record keeping

Ideas on how you can reduce the time we take to prepare your year-end accounts.

Working from home

Some people work at home; others see the home base as the perfect solution to a noisy office,...