Category: Blog

The Spring Budget 2023

16/03/2023|

Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. Driving business investment The Chancellor announced a £27 billion ...

2023/24 Tax Changes / Rates

07/03/2023|

National Insurance & Tax Tax-free personal allowance - £12,570 Basic rate – 20% - up to £37,700 Higher rate – 40% - from £37,701 to £125,140 Additional rate – 45% - above - £125,140 ...

What business structure is right for you?

09/01/2023|

You’ve made the decision to be your own boss, congratulations! But have you decided which business structure is best for you? Here we take a look at some of the options available. Sole Trader Someone that is self-employed and runs ...

Learn about dividends

09/01/2023|

As a Limited Company owner you’ve probably heard the term dividend banded about. Here we take a look and learn all about dividends. So what is a dividend? The first thing to establish is that salary and dividends are different. ...

What is a Sole Trader?

09/01/2023|

Starting out in business can be daunting, and knowing what is the best option for you is the first decision to make. So what is a Sole Trader and what does it mean for you? Here we take a look. ...

What is a Limited Company?

09/01/2023|

Starting a new business venture is exciting, but choosing the right business structure can be daunting. Here we take a look at the Limited Company option. The main difference between a Sole Trader and Limited Company is that a Limited ...

Top tips for a successful business

09/01/2023|

2022 saw an increase in the number of new business registered at Companies House. So how do you make your business a success? Here we look at some key tips. Success comes from planning Get yourself a solid business plan ...

Paying into your pension

09/01/2023|

When you run your own business it is important to think of the future. When you are employed you have the security of a pension. So what are your options as a Limited Company owner? Here we take a look. ...

MINI BUDGET SEPTEMBER 2022

26/09/2022|

The mini budget - what it means for contractors Well that was a big U-TURN affecting the contracting industry! The (not so) mini-budget delivered by new Chancellor, Kwasi Kwarteng last Friday, had a lot more in it than anyone expected.Repeal of the ...