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New childcare funding choices

childcare

The government have launched a new website aimed at parents who may be able to claim for support with childcare costs. The web address is https://www.childcarechoices.gov.uk/. How Tax-Free Childcare works Working parents will be able to apply, through the childcare service, to open an online childcare account. For every £8 that families or friends pay[...] Read more »

Lifetime ISAs

saving

From 6 April 2017 Lifetime ISAs are available as an alternative tax-free investment. If you open a Lifetime ISA account between the ages of 18 and 40, any savings you put into it before your 50th birthday will receive an added 25% bonus from the government. You can open a lifetime ISA if you are[...] Read more »

Things to consider when investing in plant or equipment

tractor

Business owners may be considering their options for investment in new equipment especially if their trading year end is March, as is often the case. There are a number of considerations: 1. Cash flow, can the business afford the cost or fund loan or other financing arrangements? 2. Will the new equipment make a positive[...] Read more »

Start-up costs

startup

One of the most crucial parts to planning your new business is working out how much money you need to launch your business. Only then can you think about how you’re going to raise it. Providing it doesn’t get in your way of being able to operate effectively, keep your start-up costs to a minimum.[...] Read more »

Bennett Verby Launch Innovative Time-Saving App

APP

Every single business owner and individual looking for accountancy advice can now access it at the tap of a screen! We have released our brand new free app, which has been developed to give you access to key accounting data in real time and wherever you need it. It’s completely free of charge to download[...] Read more »

The Flat Rate VAT Scheme – Have You Considered This For Your Small Business?

VAT

Several VAT schemes are open to business owners depending on their financial profile. The flat rate scheme was created to make VAT accounting simpler for qualifying businesses, by allowing them to pay VAT at a fixed percentage of turnover rather than on a transaction by transaction basis. What is VAT? VAT is a tax paid[...] Read more »

EMI Share Option Schemes

emi-share-options

EMI (Enterprise Management Initiatives) share option schemes are part of a plan to incentivise employees in order to keep them within a company. They can provide substantial tax options, although they are boxed in by complex rules, which have to be examined in detail each time an EMI option is granted. Which companies qualify? There[...] Read more »

How to make the taxman work in your favour at Christmas

christmas

Christmas Parties As an employer, you may feel that the tax system does you few favours. However, all is not lost, as there is still one benefit available to your employees each year – albeit a small one. This is the favourable tax treatment of your annual Christmas do. There is no specific allowance for[...] Read more »

Protect Your Start-Up: Why You Need A Shareholders’ Agreement In Place

shareholders-agreement

A start-up path is much like a roller-coaster and the future is unknown. It is important to have your best interests protected. Rather like a pre-nuptial before a marriage, shareholders agreements act in the same way, looking after your best interests should your business hit unchartered waters. Putting such an agreement in place is often[...] Read more »

Top Four Tips To Look For In The Perfect Accountant

What makes a good accountant? How do you know what you look out for to make sure you’re hiring the best possible adviser for you and your business? In this article you will be equipped with four top tips of things to look for when hiring your accountant. 1. Listens to your needs An accountant[...] Read more »


 

 

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