3 reasons to file your self-assessment early
More than 63,500 people filed their 2020-2021 self-assessment tax return on the first day of the tax year, HMRC has revealed. Figures show that the number of people filing on the first day has almost tripled in the last 5 tax years. Sending in your self-assessment tax...
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...
How to close down your limited company
Closing down your company is a tough decision to make. But with the economic outfall from the pandemic, a lot of business owners may have to face that unfortunate task. The best outcome for any entrepreneur is to sell their business, but if that isn’t an option...
How will the Budget affect you?
With an ‘unimaginable’ debt of £407 billion, this week’s Budget was bound to hit some more than others. But unlike previous Budgets, the continuing pandemic measures mean tax rises were unlikely to be announced this time. So how do the announcements of Budget 2021...
Case study: We go the extra mile
When we work with our clients, we offer more than just accountancy, bookkeeping or payroll services. At Guidon Group, we also go the extra mile to help our clients. Even if we help in areas we were not originally instructed in, we are here to help. And we do...