Profit extraction following the Spring budget is a balancing act
Published: Mon, 03/20/23
Hi Shareholder/directors of small companies generally make profits to e tract the money and spend it, but how the funds are e tracted will affect the…
Guilford Accounting
Corporation tax rate to increase to 25% from 1 April 2023
Published: Mon, 03/06/23
Hi The corporation ta rate will increase to 25% from 1 April 2023, affecting companies with profits of £250,000 and over. Small companies with profits…
[Sunday supplement]: What are you capable of?
Published: Sun, 03/05/23
Hi Ever since I wrote a blog a couple of months ago in which I revealed that I’d just had my 70th birthday I’ve had lots of questions such as: ‘Isn’t…
New bill proposes changes to small company filing options
Published: Thu, 03/02/23
Hi Companies House reforms, intended to help tackle economic crime, involve changing the filing requirements for small companies, including micro-…
[Sunday supplement]: Do you give your team the time to learn new skills?
Published: Sun, 02/26/23
Hi One of the main reasons to work for a business, other than salary and benefits, is the opportunity to learn and develop. According to a 2022…
We are a small business economy
Published: Thu, 02/09/23
Hi I came across this fascinating chart recently which shows the number of private sector businesses in the UK over the past 20+ years. Most…
butcher... baker... candlestick maker?
Published: Wed, 02/08/23
Hi A dog trainer, an accountant, 2 digital marketers, a social media specialist, a postnatal doula and a virtual assistant with a new tech product to…
Information Commissioner publishes new direct marketing guidance
Published: Tue, 02/07/23
Hi The Information Commissioner’s Office (ICO) has produce a range of detailed guidance and resources to assist businesses to conduct their direct…
Banks close an increasing number of business accounts
Published: Mon, 02/06/23
Hi A record number of businesses have had their bank accounts frozen or closed in recent weeks without e plantion. The vast majority of these are…
[Sunday supplement]: You'll never run your business properly if you try and do everything yourself.
Published: Sun, 02/05/23
Hi John is the owner and CEO of a small contracting company with eight employees. On the afternoon he called me to ask for my help he had spent most…