Budgeting for your small business

Running a small business comes with many responsibilities. You’ve got goals to plan, tasks to get the business up and running, and as a result, many business owners struggle to get their feet firmly planted in their early days. One common problem business owners...

Diary of Main Tax Events January/February 2018

Date What’s Due   1/01   Corporation tax payment for year to 31/3/17 (unless quarterly instalments apply)   19/01   PAYE & NIC deductions, and CIS return and tax, for month to 5/01/18 (due 22/01 if you pay electronically)   31/01   Deadline for Self-Assessment tax...

Managing Office Politics

Office politics are a fact of life. People are complex and work relationships are often complicated to navigate. So, what should you do when office politics become problematic? Listen first: When people feel that they have been listened to, they tend to step away from...

The National Minimum Wage: Common Errors and How to Avoid Them

The National Minimum Wage has been a hot topic as of late. It’s been discussed by politicians in the annual budget, companies have been caught out underpaying their staff, and the rate has seen a steady rise year on year for a long time. But even with its increasing...

Why Petty Cash is Important for Any Business

Business owners are no strangers to seeing cash coming and going within their company. Clients are paying you, invoices are being settled, but what about the day-to-day demands? Any business will undoubtedly have daily cash needs, which is where petty cash comes in...