Business Advice

If you are thinking of starting a Limited company or have recently done so, it’s important to understand what is expected of you as a director. Directors are required to meet seven key duties as outlined in The Companies Act 2006. Failing to adhere to these duties can result in

When I launched my own business, back in October 2023, I knew I would need to get visible if people were to buy from me. Deep down I hoped that I could hide behind social media content and blog posts, like this one, because the thought of face-to-face networking terrified

Our guest blogger, Angela James of Yolo Wealth Ltd, explores the power of the compound effect and how incremental payments and savings can have a big impact  on your financial security. The compound effect refers to the principle that small actions, consistently taken over time, can lead to significant results.

Running a small business is challenging and quite often it can feel like you are working incredibly hard for very little reward.   Not making enough profits? That’s when it becomes very easy to get lost in implementing an array of tactics to try and improve results. Quite often the first

A Director’s Loan Account (DLA) can be a useful tool for managing finances in a small business. However, it can also arise unintentionally and lead to unexpected tax implications if not handled correctly. In this blog we will explain what a Director’s Loan Account is, how it can be used,

How As Small Business Owners We Can Prioritize Self-Care Amidst Numerous Responsibilities   Running a small business can be incredibly rewarding, but it also comes with its fair share of challenges. One of the biggest struggles for many small business owners is finding balance amidst the multitude of roles they play.

10 legal ways to reduce your corporation tax bill    Whilst paying tax is a sign that your Limited company is profitable, not many business owners want to pay more tax than they must. And most business owners we work with are keen to discover legitimate ways to reduce their Corporation

Tax Returns: The Benefits of Beating the 31st of July Deadline  Yes, we know, the filing deadline for your tax return is 31 January, but in our mission to ensure small business owners are financially literate and confident in their business accounts, we aim to file all our clients tax

As a small business owner, you’re likely familiar with the idea that not all expenses can be claimed as tax deductions. HMRC (His Majesty’s Revenue and Customs) has a stringent set of criteria, including the “wholly and exclusively” test, which states that expenses must be solely for the purpose of

As a small business owner, it is probably fair to say you have your fair share of self doubt and the odd crisis of confidence. Quite often referred to as Imposter Syndrome, we asked Lisa Hardy of Confidence and More to explain  what it’s all about. Imposter Syndrome: “the persistent