Business Tips - KCPA Accountants | Accountants For Small Businesses

Companies Owned and Operated by Families or Sole Director

Written on February 29, 2024. Posted in News.

Running a business as a limited company can save you taxes and protect you from personal liability. But it also means dealing with more paperwork and rules than being a sole trader or running an unincorporated...

How to plan for Jan

Written on January 31, 2024. Posted in News.

Step-by-step guide

Chancellor Jeremy Hunt’s Autumn Statement 2023

Written on November 22, 2023. Posted in Business Tips.

In today’s address to the House of Commons, Chancellor Jeremy Hunt presented an optimistic economic forecast that laid the foundation for his ambitious fiscal plans. Backed by promising economic...

The Bank of England raised the UK’s base rate to 5% in June from 4.5%, the highest level since 2008

Written on June 30, 2023. Posted in Business Tips.

The 0.5% increase is the thirteenth rise in a row and was a larger jump than many economists had been expecting. UK inflation failed to fall as expected in May, remaining at 8.7% – well above the...

Corporate identity theft explained

Written on March 30, 2023. Posted in Business Tips.

Corporate identity theft can be a serious problem for your limited company. All it takes is for a paper form to be filled out fraudulently and harmful changes can be made to a company.

Sole-Trader VS Limited Company

Written on August 29, 2022. Posted in Business Tips.

Sole Trader A sole trader is a business owned and run by a single individual responsible for all aspects of the business and making all the decisions. They are also personally liable for any debts...

Making Tax Digital For Income Tax, What You Need To Know

Written on July 31, 2022. Posted in Business Tips.

What is (MTD) Making Tax Digital (MTD) is a UK government initiative that aims to make it easier for individuals and businesses to keep track of their tax affairs and pay their taxes digitally....

5 Reasons why you need to focus on your business cash flow

Written on June 27, 2022. Posted in Business Tips.

If you are a new business owner, you might fall into the trap of not understanding the importance of cash flow management and only focusing on the sales figure. Reasons of why you need to focus...

Can I buy an Apple watch through my business?

Written on April 26, 2022. Posted in Business Tips.

We have a client who is a Freelance web developer. He has lots of IT gears and the whole Apple ecosystem. He bought an Apple watch and did not claim it through the business as he thought it was...

Budget 2021

Written on March 5, 2021. Posted in Business Tips.

COVID-19 Support for Businesses COVID-19 support has continued in the Chancellor budget, such as extending the furlough scheme (CJRS) to 30 September 2021. Sole-traders will claim a fourth SEISS...