Access to Finance
When considering the finance options available for your business it's important to ask yourself some key questions...
Read full articleTax Changes for Entrepreneurs
2016 brings a number of planned tax changes for owners of small companies, which will be viewed by many entrepreneurs as continuing an 'anti-business' trend in recent budgets. Further to the changes in reliefs available on incorporation, and the removal of tax relief for amortisation of goodwill, the planned changes to availability of entrepreneurs' relief and dividend taxation will lead to many small business owners paying significantly more tax.
Read full articleKnow your Business; Grow your Business
Once your business is established and you are making a profit on the products and services you are offering to your customers, it's never too soon to start thinking about the future and how your business can begin to expand.
Read full articleInvesting in capital expenditure? - Current allowance to cease 31 Dec 2015 - Act now!
Businesses investing in machinery or buildings currently enjoy a very generous allowance of 100% deduction against their tax bill but this is set to change.
Read full articleHMRC Accelerated Payment Notices (APN) - The Taxman gets tougher!
The 2014 Finance Act introduced the power for HMRC to issue Accelerated Payment Notices (APNs) to taxpayers who had become involved in tax avoidance schemes. However recent evidence suggests that HMRC is also using this power to target more moderately well off individuals. More than 12 months on, we look at the impact of these powers and what to do if you receive one of these notices.
Read full articleLegislation Changes - Republic of Ireland bankruptcy period reduced from 3 years to 1 year
New legislation approved today (1 Dec 2015) will bring the Republic of Ireland legislation in line with Northern Ireland, England and Wales and reduce the bankruptcy period of 3 years to 1 year.
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