Resources - small business

A selection of great tools, business guides and articles to help make your business a success

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Do You Have Enough Set Aside To Pay Your Taxes?

Do You Have Enough Set Aside To Pay Your Taxes?

Seeing a steady stream of income sprout from your hard work is a beautiful feeling. Freelancers and contractors may feel they can finally rest at ease once they’re able to sustain a living. However – the taxman will be very interested in what you’ve managed to earn,...

Setting Up A Limited Company: A Jargon-Free Guide

Setting Up A Limited Company: A Jargon-Free Guide

Incorporating your company is a shrewd business move for a contractor or freelancer. By setting up a limited company, you can protect more of your hard-earned profits, and minimise risk when dealing with high-value clients and contracts. However, the ins and outs of...

Understanding Your Corporation Tax Liability

Understanding Your Corporation Tax Liability

As a limited company, your business is liable for corporation tax, levied on the profits of your company at the end of your financial year. To ensure that you have adequate funds to pay this by the tax return deadline, it’s crucial to understand the ins and outs of...

What to do when your contractor bookkeeping is a mess

What to do when your contractor bookkeeping is a mess

Speak to any seasoned accountant and they’ll tell you that good bookkeeping is essential, keeping track of your financial transactions key to the accounting process. Lose grip of what’s going on day-to-day and you could anger HMRC, penalties a prospect if dodgy books...

3 Great Accounting Apps for Small Business Owners

3 Great Accounting Apps for Small Business Owners

If you own and operate a small to medium sized business, you are undoubtedly used to doing the jobs of many different skilled employees. On any given day you might play the role of an IT professional, a receptionist, a tea brewing expert and an accountant! As skilled...

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