PAYE and RTI
Pay As You Earn (PAYE) is the system set-up by HMRC to handle the collection of Income Tax and National Insurance by employers on behalf of employees.
HMRC have […]
Financing
Embarking on a new business venture presents new challenges. One very important arena of business planning and management is deciding upon the right type of financing. There are […]
Due diligence
The job of accountants is to make sure that what is in the account reflects the cash flow and capital a client possess. This presents unique challenges when […]
Contracting
There are literally thousands of individuals around the UK who choose to contract their skills in order to make money. Many jump head first into contracting without first […]
Cash management
Cash management is crucial to the success of any business, and while most accountants do their best to encourage better cash management most businesses fail to do so. […]
Writing successful business plans
For a business to be successful it must first have a well thought out and well written business plan. Of course, it is unlikely that a new business […]
Online bookkeeping
Accounting for the modern world
Before the advent of online bookkeeping software such as Xero and Kashflow, businesses were responsible for keeping track of daily expenses and then would hand that information […]
Extracting company funds tax efficiently
Introduction
If you are the director of your own UK limited company and reside in the UK, there are some simple ways to tax efficiently extract company funds that […]