Business

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Cash flow vs profits: a guide for small business owners

Aug 29, 2023

As a small business owner, you've likely heard the terms "cash flow" and "profits" used interchangeably. However, mixing these financial metrics up can cause severe consequences for your business. The distinction between the two can significantly impact your business's financial health ...

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Self-assessment benefits for small businesses

Self-Assessment benefits for small businesses

Aug 22, 2023

As a small business owner, you are probably familiar with the term ‘Self-Assessment’. While many entrepreneurs link Self-Assessment primarily with the yearly tax ritual, it offers a lot more. Beyond its regulatory nature, Self-Assessment can be an invaluable tool for evaluating ...

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How businesses can navigate and avoid tax disputes with HMRC

Aug 01, 2023

Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60 per cent of businesses are currently embroiled in a tax dispute with HM Revenue & Customs (HMRC) that has lasted ...

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HM Revenue & Customs pledge £5.5 million to support customers

Jul 25, 2023

HM Revenue & Customs (HMRC) has recently stated that they will pledge £5.5 million to organisations who are in the voluntary and community sectors to help support customers organise their taxes. The last voluntary or community sector organisation (VCS) grant was ...

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How businesses can tackle late payments while preserving business relationships

Jul 18, 2023

There can be nothing more frustrating for business owners than waiting on payments from clients. Unfortunately, these instances happen frequently, and while some payments will come in only a few days late, other payments can take a lot longer and will ...

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