Accountancy Blog

Raising business finance – your options

Raising finance for small businesses.

Raising finance is a crucial but challenging aspect of running a successful business, whether you’re launching a start-up or looking to expand your operations.

You can have the best product in the world, a solid business plan and a comprehensive marketing strategy, but if you can’t access the necessary finance success will be much harder to achieve.

Familiarising yourself with the different sources of finance available is essential if you’re going to get the money you require. More…

Defined contribution pensions and tax

A guide to the tax implications of accessing your pension.

After decades of contributing to a defined contribution pension and watching it grow, there comes a point when an individual’s working life ends and their retirement begins. Your pension savings are likely to be the primary financial tool that you have to ensure you live the life you want in your twilight years.

When planning there are 2 important factors to consider: the different options for withdrawing your money and the tax implications of each. More…

VAT flat rate changes

Changes to the VAT flat rate scheme could have significant effects on the tax liability of small businesses that currently make use of the scheme.

The flat rate scheme simplifies the process of calculating how much VAT a business needs to pay or claim back from HMRC.

It introduces a fixed rate of VAT and businesses are allowed to keep the difference between what they charge customers and what they pay HMRC.

Currently there are different rates for different professions. More…

Tax and finance changes for 2017

A number of tax and finance changes are set to take place in 2017.

It is important to start planning ahead of time so that you take advantage of any opportunities available.

Some of the changes are in the process of being legislated through parliament and may be subject to change. More…