It is a question that often arises with clients – should I incorporate my business? As with many questions in life, the answer is rarely straightforward and will depend on the specific circumstances relating to that individual and their business. Before listing the pros and cons, let us first state Read more…
For some people, it is still too soon to talk about Christmas (my own belief is anything after bonfire night is fine), but when it comes to taxes, it is never too soon to talk about Christmas and unwanted presents from the taxman. Most people are aware of the rules Read more…
Lockdown is easing. I used the Tube for the first-time last weekend (and witnessed a shocking amount of non-compliance on the compulsory mask rule) and I might go to the pub for the first time this weekend. Things are returning to some sort of normality. However, that should not mean Read more…
There is an old business expression – cash is king – and when faced with a global pandemic, the expression certainly rings true. In any economic downturn, recession, or depression, it is essential to watch every penny to avoid catastrophe, whether that be the insolvency of a company or personal Read more…
I had a conversation recently with a friend whose hobby (making beautiful ceramic cups, bowls, vases etc.) is starting to develop into something more. She is starting to receive paid commissions and is setting-up a website to facilitate further sales. What once was a pastime is starting to look more Read more…