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When it comes to company incorporation, Limited Liability Partnership (LLP) continues to remain a popular choice among those looking to register their company. But which are the factors that make business owners opt for an LLP structure over other more traditional...

The trend of freelancing and hiring freelancers has been on the rise in recent years. But along with the engagement of freelancers, instances of tax evasion have increased in number as well. Are you wondering how this tax evasion technique works? Read on to learn...

As well as looking after our client’s taxes, it’s our mission to help them be as financially healthy as possible, as a family. This means that we help our clients plan ahead so they can achieve some of their other goals and take advantage of the available benefits....

With the current buzz surrounding crypto-currency, most of us have at some point or another contemplated investing in digital currency. But a question which holds most of us back is whether crypto-currency will emerge as the ‘conventional’ currency or will it prove to...

The exit of the UK from the European Union marks the beginning of a new chapter in the story of this Great Island. It has the potential to singlehandedly turn upside down, the way commerce and culture has been exchanged between these countries for centuries. But what...

As your business grows you’ll probably need to increase the size of your team by hiring people. PAYE The UK operates a system called PAYE (pay as you earn), this means that employers are responsible for deducting tax from their employees. This means that if the...

Why keep your records effective? One of the main reasons you have an accountant is to produce a set of accounts and the associated tax work. A set of accounts is essentially a summary of the income and expenditure in your business as well as its assets and liabilities...

The internet has changed the world. A thief is no longer required to hold a bank at gunpoint to loot money. They can connect to the internet, hack databases and steal more money than they could probably ever find at their local bank. For a long time, consumers and...

In this constantly developing world, along with technology, even accounting has made its headway! And that’s certainly partly down to the creation of outstanding cloud accounting software like Xero. Not only does this software simplify and automate the accounting...

Running your own limited company can have some serious tax advantages compared to working as a sole-trader or being in employment. However, having to hand over money to HMRC to cover a tax bill is always a painful experience. It can be a little bit easier if you’re...

Nobody enjoys paying taxes, right? Well, that may be so, but unless you’re happy to see yourself behind bars for many years, you’ve got to accept the fact that it is just part of life (and certainly part of running your own business), so it’s best to just get on with...