Speak the Seller’s Language
Business valuation is as much about communication as it is about calculation. You can run the numbers six different ways—EBITDA, net profit, gross profit, recurring revenue, balance sheet value—but if you don’t present the result in the language the seller understands, you risk hitting a wall. Too many buyers make this mistake. They do the […]
Is Your Bookkeeping Holding You Back? Discover Our New Health Check Service
When was the last time someone gave your bookkeeping a proper check-up? If you’re running a business, chances are your financial systems have grown quickly—but not always cleanly. Unreconciled bank items, duplicate transactions, VAT miscodes and messy contact lists can all lead to reporting errors, tax risks, and bad decision-making. Even if you’re using cloud […]
Leasing vs. Buying a Vehicle for Your Limited Company: What’s the Best Option?
Leasing vs. Buying a Vehicle for Your Limited Company: What’s the Best Option? For many limited companies, having a company vehicle is essential—whether for meeting clients, making deliveries, or simply projecting a professional image. However, the decision to lease or buy a vehicle for your business can have significant financial and tax implications. Each option […]
What Is MTD ITSA, and How Will It Affect Self-Employed Individuals?
What Is MTD ITSA, and How Will It Affect Self-Employed Individuals? Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is a major change in the way self-employed individuals and landlords in the UK manage and report their taxes. It’s part of the government’s initiative to modernize the tax system, making it more efficient […]
The Benefits of Selling Gift Vouchers for Your Business (And Why £300 Million Goes Unused Every Year)
The Benefits of Selling Gift Vouchers for Your Business (And Why £300 Million Goes Unused Every Year) Gift vouchers are more than just a convenience for customers—they’re a powerful tool for businesses to boost sales, attract new customers, and enhance cash flow. And here’s an eye-opening fact: approximately £300 million worth of gift vouchers go […]
Stamp Duty Land Tax – why this will increase as house prices rise and what you can do to reduce it
Stamp Duty Land Tax (SDLT) receipts were somewhat skewed in the last year as the SDLT holiday for properties worth up to £500,000 was phased out on June 30, 2021, and the holiday for properties worth between £125,000 and £250,000 ended on September 30. These two deadlines resulted in a flurry of activity as people […]
IHT receipts up by £700m – but why you should see this as a ‘voluntary’ tax
IHT receipts up by £700m Inheritance tax (IHT) is one of the most hated taxes there is, mainly because for many people their estate faces a 40% tax rate which is higher than they would have paid during their lifetime. HMRC’s latest figures reveal there has been a £700m increase in IHT receipts in the […]
Bounce back loans – where are we now?
The bounce back loans, CBILS and CLBILS for larger companies were some of the most generous schemes available to businesses suffering from the impact of lockdowns due to the Covid-19 pandemic, paying out a total of £80 billion to help keep businesses afloat. The Bounce Back Loan Scheme was the largest of these, paying out […]
NI to increase by 1.25% – what you can do about it?
NI to increase by 1.25%from April to fund the Health and Care Levy – what you can do about it The Government is set to increase National Insurance Contributions NI to increase by 1.25% from April to fund the Health and Social Care Levy, and while this may be a laudable aim, it is going […]
Extension of Making Tax Digital for VAT
Making Tax Digital (MTD) for VAT is currently only compulsory for VAT-registered businesses whose turnover for VAT is above the VAT registration limit of £85,000. However, this is set to change from April 2022. Extension to all VAT-registered businesses Currently, if you are registered for VAT, but your turnover for VAT purposes is less than […]