by Paul Whyatt | Oct 14, 2020 | Business Start-up, Taxation
You’re starting a new business and you’re wondering whether you should open a separate business bank account. You’re aware that many banks offer free business banking for an introductory period. But then charges kick-in. So, do you really need a separate account?...
by Paul Whyatt | Oct 9, 2020 | Business Start-up
Starting a new business is a massive step. Many people try and fail. But others succeed, some exceptionally. Luck may well play a part in some success stories, but there does seem to be certain common traits that make your chances of success greater …… A...
by Paul Whyatt | Oct 9, 2020 | Business Start-up
Of course, there is no exact answer to this question. Arguably, there isn’t a right time. The best answer to the question lies in answering several, other questions: Why do you want to start a business?What led you to this point?Is finance a barrier?Is my age an...
by Paul Whyatt | Oct 7, 2020 | Business Advice, News, Taxation
In his recent statement, the Chancellor announced a new jobs support scheme which will start on 1 November. The scheme will run for 6 months and replaces the current Coronavirus Job Retention (‘Furlough’) Scheme, which is due to end on 31 October. The scheme...
by Paul Whyatt | Oct 7, 2020 | News, Personal Tax, Taxation
In his recent statement, the Chancellor announced several VAT and self-assessment tax measures to help taxpayers struggling with cash flow due to COVID-19. Here’s a summary of what he had to say. VAT deferral Businesses which deferred VAT payments due in March to June...
