What is the optimum income for directors in 2021/22?
Paying yourself can be a complicated issue for many business owners. In the UK, directors and shareholders take dividends while some take salaries. What is the best way of taking finances out of your business and your optimum income? With tax thresholds and...
Brexit Support Fund opens for applications
Small and medium-sized businesses trading with EU-based companies can now apply for SME Brexit Support Fund grants. The grants of up to £2,000 are aimed at helping SMEs adapt to new customs and tax rules. It was introduced to help UK businesses focus on their...
5 Things Before Starting a Business
With lots of redundancies and job changes following Covid-19, many people maybe thinking about starting a business. But how do you get going? And what are the potential pitfalls to look out for? Here, we choose 5 things to consider before you take a step and set up...
How to liquidate your business
When you close down your business you can simply dissolve it or you may decide to liquidate your business. Our last blog looked at how to simply close it – or strike it off – without the need to liquidate it. But your business must be a solvent company, so the...