by Paul Whyatt | Oct 30, 2019 | Business Advice, Other Insights
I’m frequently surprised by how many people are unaware that the term ‘Accountant’ isn’t legally protected – anybody can call themselves an accountant without any training or experience. Buy some book-keeping and tax software, get a website and start to market...
by Paul Whyatt | Oct 30, 2019 | Business Advice, Other Insights, Personal Tax, Taxation
For many SME businesses, tax can be such a headache that their business suffers. Here are some of the common mistakes you should avoid. 1. Not hiring a qualified chartered accountant This is a costly mistake for any business owner. There isn’t a more effective...
by Paul Whyatt | Jul 27, 2019 | Business Advice, Business Start-up
Are you planning to access new funding for your business? Do you need to prepare a Business Plan to support your funding proposal? Here are some of the key things which you should consider including. Executive summary Always include an Executive Summary at the...
by Paul Whyatt | Feb 22, 2019 | Business Advice, Business Start-up, Taxation
This guide provides an overview of the key issues when considering whether to run a UK trading business as an unincorporated sole trade (or if more than one person is involved, as a conventional partnership) and through a limited liability company. The first point to...
by Paul Whyatt | Feb 13, 2019 | Business Advice, Business Start-up, Taxation
When you start a business, you must decide which trading structure (also known as a “vehicle”) is appropriate for you. Indeed, business owners should review the structure of their business at key points in its lifecycle. A structure which was right for a...
by Paul Whyatt | Jan 21, 2019 | Business Advice, News, Other Insights
If you have a workplace pension, then you may receive communication from your pension provider informing you of the upcoming changes to minimum contribution rates, effective from April 2019. Currently (2018/19), the total minimum contributions are 5%, with the...
