What to Pay Yourself as a Director and Shareholder for the 2024/25 Tax Year
Tax is a complicated subject and for most people probably a little boring too. However, ensuring your personal income is drawn in the most tax efficient way will give you a bigger bang for your buck! As a director and shareholder of a limited company, you have the flexibility to decide which is the best […]
Managing Personal Income
Running a successful business can be incredibly rewarding, both personally and financially. You know that keeping on top of your financial information is crucial for your business but ensuring you have a healthy relationship with money in your personal life is just as important. It can give greater financial stability now and in the future. […]
The Importance of Creating a Budget for Success
In the business world, success doesn’t just appear overnight. In carefully planning and nurturing a business over time, one helpful tool which is crucial is budgeting. While it might not sound like a thrilling thing to do, creating a budget is like laying the groundwork for your business to flourish. Let’s look more closely at […]
Mastering Profitability: Essential Cost Control Strategies for Landscaping Businesses
In the dynamic world of landscaping, profitability hinges on more than just securing new clients and completing projects efficiently. It’s about effectively managing costs to maximise profit margins. Whether you’re a seasoned landscaper or just starting out in the industry, implementing cost control strategies can significantly impact your bottom line. Below are some of the […]
Seven Biggest Financial Mistakes Business Owners Should Avoid
As a business owner, managing finances is one of the most critical aspects of running a successful business. However, it is also an area where many business owners make mistakes that can have significant consequences. By understanding and avoiding these mistakes, business owners can set their businesses up for long-term success and avoid potential financial […]
Getting Organised Ahead of the Tax Return Deadline
The self-assessment tax return deadline is looming! You must get organised ahead of the deadline to make the filing process as smooth and stress-free as possible. Do not bury your head in the sand, start preparing now! Follow our tips below to make this year’s tax season a breeze: Organise your documents – Create a […]
Goal Setting for 2024
Happy New Year! So, how was 2023 for you? Did you achieve all that you set out to? Do you know what you want to get out of 2024 and have you made any plans yet for how you will get there? Setting goals for your business in a new year is an essential part […]
Create a Budget to Prepare Your Business for Christmas
Christmas is just around the corner! Your beautifully decorated twinkly tree has pride of place in your home, you’ll probably be busy buying presents for loved ones and you may have even started wrapping! But are you as organised when it comes to your business over Christmas? There is one thing you can do now […]
The Benefits of Participating in Trade Events
Each year there are lots of trade events around the country to help those working in different industries stay informed and ahead of the competition. They provide the perfect opportunity for industry professionals to come together to see and trial the latest innovations and trends, gain insight and knowledge from experts and mingle with like-minded […]
Common Accounting Mistakes to Avoid
For some business owners, bookkeeping is probably their least favourite task. Even those who are confident with bookkeeping may simply not have enough time to do it. However, it is vital that you keep on top of your accounts to prevent mistakes creeping in and money leaking out of your business. Below are some common accounting […]
