All in Finance
What has it taken to unlock a business’s inner tax guru, and how can other businesses do the same as the next tax season comes around quickly? Here’s five top hints and tips for small businesses to boss tax season every year – and take control of your finances forever.
Heading into a new financial year as a business owner is a wonderful opportunity to reflect on the year take stock (literally) of where you are and set some goals for yourself and the business for the new year!
CFOs often believe they can benefit from being a ‘late mover’. In other words, they only act when other companies have already gained experience with innovations. While it makes sense to hold out when it comes to some solutions, expense digitisation does not fall into this category, and has many advantages.
Strong Customer Authentication (SCA) is a new requirement of the second Payment Services Directive (PSD2) in the UK and the EU. Its objective is to improve the security of electronic payments online.
This new, modern, digital world means that the government can no longer just rely on our civil service to uphold our laws. It has been forced to adopt software provided by fintech developers in order to help them police the system.
The UK presents a tax conundrum. Our tax system and legislation is the longest in the world, standing at 10 million words spread over 22,000 pages.
If you are new to the world of self-employment, owning additional property, or gaining additional income aside from your normal wage, self-assessment tax returns are vital as income tax isn’t automatically taken out of your wages.
Funding is vital in any business, especially for startups and small business owners who are just getting the ball rolling. To keep you in the loop, we have compiled a list of funding options currently available in the UK.
As international vaccine supply issues and the consequences of the Brexit deal continue to disrupt the economy, it’s clear that uncertainty is here to stay. The furlough scheme has supported many small businesses, and with the roadmap out of lockdown, many are considering how to build their business back up.
