How To Finance Your Tax Bill Why does the thought of that impending tax bill get me down? I know it’s coming, I have even put funds aside for it, but it still hurts to see it paid out to HMRC when I know I could be reinvesting within the business or using those funds
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Holiday Lets – How Tax Works Buying a property as a holiday let is a popular investment, but how are holiday let properties taxed? Why are they different to normal buy to let properties? What tax will I pay if I sell my holiday let? All questions I get asked when putting the finance in
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Business Revenue Sales, turnover, income, whatever you decide to call it. Revenue is the money coming in to a business. For most business owners it forms the lifeblood of the company, it is what everything else is pointed toward. However one of the biggest accounting mistakes businesses make is thinking revenue is revenue when it
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Limited Company or Not Limited Company One of the most common questions we get asked by new businesses and start-ups is whether they should be a limited company or not. There are buckets of resources available to help you work out what is best for you, be it sole trader or limited company. If you
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There is a reason why we say that things are taxing, because tax is not easy, it is not necessarily fair and there is no easy way to understand company tax law. HMRC make the rules. You must obey the rules. Think of your regular football referee who mistakenly sends a player off, that player
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It is often thought that trading internationally is the reserve of the large corporate, however in some way or another most businesses have an international element. Take a clothes retailer, this could be a bespoke fashion outlet. These days they are likely to import from China or Turkey and sell to the UK, the same
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Profits, sound pretty simple doesn’t it? You sell, you take off your costs, take off your overheads, feed the family, and what’s left is profit. Maybe, but it is important to understand what profitability is in the eyes of a banker. So what is different and what does a banker look at when profit is
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