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When does a hobby or side hustle become a business?

Do you have a hobby or side hustle which is starting to earn you some extra income? Before you start spending the money, have you...

Considering offering an apprenticeship? Read this first

Offering an apprenticeship has never looked so appealing, but before you start hiring you need to know exactly what you are getting into....

HMRC investigation: don’t panic, read our essential guide

The words ‘HMRC investigation’ are enough to make the heart of every business owner miss a beat. Your mind conjures up images of men in...

National Insurance: what are the contributions for 2021-22?

This year sees Easter, a festival celebrating birth and renewal, coinciding with the arrival of new National Insurance thresholds. So has...

Everything you need to know about SEISS — the self-employment grant

Self-employed workers are celebrating the Chancellor’s decision to extend the Self-Employment Income Support Scheme (SEISS), meaning more...

Should I take a salary or a dividend? Weigh up the pros and cons

Earning an income from your business is not as straightforward as it sounds, as there are a variety of options available, including...

Chasing Payments

Every business owner should read these tips for chasing payments

Late payments lead to cash flow issues which can cripple or even kill a small business — so how can you ensure that you successfully...

HMRC voluntary disclosure

Voluntary Disclosure: Is it Good to Talk to HMRC?

If you thought that the taxman knows everything, you’re wrong. Even with all the digital tools at its disposal, the HMRC still relies on...

financial strategy

Is Your Financial Strategy Fit For Purpose, Post-Lockdown?

The nation is looking forward to the economy fully opening up after a tough winter, but businesses need to adopt a financial strategy to...

Making Tax Digital

What are the Business Implications of Making Tax Digital?

You’ve probably heard of the Government scheme called Making Tax Digital. But what does it actually mean, and how will it affect your...