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Customs changes 1st Jan 2022 – What you need to know

Customs changes 1st Jan 2022 – What you need to know

by Luke Stringer | Dec 9, 2021 | businessnews

According to the FSB, most small businesses who import from the EU are not prepared for the change of customs controls that are coming on 1st January 2022. According to their poll, a third of the participants were not even aware of the new requirements.   Who is...
Making Tax Digital – Changes you need to know as a small business owner

Making Tax Digital – Changes you need to know as a small business owner

by Luke Stringer | Dec 7, 2021 | businessnews

The government will introduce making tax digital to businesses to help reduce the time taken to complete admin, allowing small businesses to focus on their customers, innovation and growth.   Who will these changes affect?   Businesses that have a taxable turnover...
Being a director of a limited company blog series: Part 10 – Important dates for a director of a limited company

Being a director of a limited company blog series: Part 10 – Important dates for a director of a limited company

by Luke Stringer | Nov 30, 2021 | Running your Business, Starting a business

In the last part of this blog series we’ll look at the key dates that as a director of a limited company, you will need to know to avoid any penalties:   Key dates for limited company fillings   Confirmation statement – This needs to be filed every 12 months...
Being a director of a limited company blog series: Part 9 – Data protection

Being a director of a limited company blog series: Part 9 – Data protection

by Luke Stringer | Nov 30, 2021 | Running your Business, Starting a business

Data protection applies to businesses of all sizes, so long as they handle personal data about their customers or employees. Under the Companies act 2006, directors may personally be responsible for breaches in data protection, for example, if a director is aware or...
Being a director of a limited company blog series: Part 7 – Paying yourself

Being a director of a limited company blog series: Part 7 – Paying yourself

by Luke Stringer | Nov 16, 2021 | Running your Business, Starting a business

An important and exciting aspect of being a director of a limited company is getting paid. As a limited company, this can be very tax-efficient once you’re in profit.   Whilst you should always seek professional advice from an accountant when it comes to paying...
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