News
Autumn Statement 2023
HIGHLIGHTS The main rate of class 1 employee national insurance contributions (NICs) will be reduced from 12% to 10% with effect from 6 January 2024. The main rate of class 4 self-employed NICs will be cut from 9% to 8% from 6 April 2024 and class 2 will no longer be...
The Autumn Statement 2023 – Key Points
In the Autumn Statement, Chancellor Jeremy Hunt promised 110 measures to grow the economy. We outline the main points.
#UKbudget #autumnstatement
Charging interest on a Directors’ Loan Account
Charging interest on your Directors’ Loan Accounts (DLA) could be a smart move, helping you become more tax efficient. Dive into our DLA explainer and find out how.
#tax #accounting #DLA #directorsloans
6 Reasons To Look at Your Financial Reports
Making time to look over your financial reports each month is an important task for any business owner. We can give you an overview of what reports you’ll need to help you build a thriving business.
Proving your ongoing business viability through 5 financial reports
Proving that you’re a viable business. We’ve listed the main reasons why lenders and investors want to see solid financial statements before they invest in you.
#businessadvice #SmallBusiness #financialmanagement #reporting
Are you pursuing a trade, or following a hobby?
Are you pursuing a hobby, or carrying out a trade? It can be hard to define in some circumstances, so we’ve explained the nine ‘badges of trade’ as used by HMRC.
#tax #accounting #hobbies #trade #badgesoftrade