Are you a company director contemplating a loan from your own business? If yes, it’s crucial to understand the workings behind the Director’s Loan Account (DLA) and the implications of an overdrawn director’s loan account (ODLA). Read More »Managing an Overdrawn Director’s Loan Account
In the world of entrepreneurship and small businesses, technology continues to revolutionise the way we manage our operations.
HM Revenue & Customs (HMRC) recently announced that it plans to boost its use of Code of Practice 9 (COP9), a legal mechanism used to handle suspected tax fraud cases.
Read More »The importance for businesses of avoiding tax fraud
Many businesses across the UK have been financially affected by the cost-of-living crisis and the rise in inflation and have also suffered from the fallout of Covid-19 loan schemes and companies’ failure to make repayments. Read More »How to spot the early signs that your business may be facing financial difficulty
HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up a payment plan online. Read More »New HMRC service allows businesses to set up online payment plans for VAT owed
A range of car financing options are available for individual buyers and businesses alike.Read More »What are the different types of car financing?
Recent changes HM Revenue & Customs (HMRC) made to the rate of Corporation Tax mainly affected larger businesses in the UK. Read More »Corporation Tax: Upcoming filing deadlines and reminder about recent amendments
Understanding the financial health of a business is integral to its success, regardless of the industry or the size of the operation.Read More »Essential financial metrics every business owner should track
The allure of a seasonal business is strong for many entrepreneurs.
As interest rates in the UK rise, small and medium-sized enterprises (SMEs) will undoubtedly feel the pinch. Read More »Strategies for SMEs: Surviving the interest rate hike
