Philip Hammond delivered his second budget today with the dual brief of getting the UK ready for Brexit and tackling economic hardship. He showed a brave face, and made a few jokes, as he tried to confirm or convince us that the UK is a leading economy
For all businesses, it’s necessary to carry out a due diligence process when considering significant transactions. Normally associated with mergers and acquisitions, due diligence can be carried out prior to various types of ventures.
Sussex Beds is a family business founded in Hastings over 35 years ago by Matt and Steve’s father. Three years ago Matt (Financial Director) & Steve (Managing Director) took over the running of the business with further directors that are all part of the extended family group. Read why Matt & Steve choose Swindells…
When going self-employed, there are so many benefits: setting your own hours, choosing the work you want to do, and earning as much as you can. Despite this, one of the tough responsibilities is to understand how paying tax will work, which can be tricky for new startup businesses.
Giving to charity attracts a series of generous tax breaks that you can take advantage of. These breaks can positively affect inheritance tax, income tax as well as capital gains.
In a limited company in the UK, it is the responsibility of the company directors to ensure that taxes are paid. Businesses will usually require the help of an accountant to ensure they abide by the law, but, to give you a better understanding of what needs to be paid and when, here’s a brief overview of how tax laws in the UK work for limited companies:
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