By Jill Andrews

by Jill Andrews - 1 month ago

Profit and loss template

Our profit and loss template is available to companies with under and over £77,000 in turnover per annum A profit and loss account (P&L) template is important whether you are running a business or in the process of setting one up. If the latter, as a part of P&L forecasting, it forms a r...

by Jill Andrews - 1 month ago

Five small business taxes you need to know about

When you’re running your own business, it’s almost a certainty that you’ll have to pay some kind of tax at some point.But with so many complicated tax rules currently in place in the UK, it can be difficult to know exactly which ones apply to you or your business, and which types of tax you’ll actua...

by Jill Andrews - 1 month ago

Business credit cards: how to use them for steady cash flow

Set of color credit cards on wooden table - online shopping The vast majority of UK business owners will tell you that cash flow is their main struggle, and it’s often a reason for not growing. Since cash flow is crucial to every business, unexpected bills or upfront costs for a new project can t...

by Jill Andrews - 1 month ago

What expenses can I claim through my business?

As most people are aware, if you’re thinking of starting a new business or already run one you can claim expenses on some of your costs. This is a great way to help out entrepreneurs and give them a better chance of success. Why? Because businesses pay tax on their profits, so when they claim exp...

by Jill Andrews - 1 month ago

Should I charge my clients VAT?

A reader asks whether they should charge clients VAT Q: I sell lightbulbs and my turnover is less than £85,000. I buy from my supplier who charges me VAT, I then give my clients their order and an invoice. But would it make sense for me to charge them VAT as well? A: You can’t charge VAT to your...

by Jill Andrews - 1 month ago

How much tax will I pay if I run a side business?

Do you have to pay extra tax if you run a side business? Q. I work full time (40 hours a week) and as well as this I want to run a side business online. How is the tax I currently pay affected, i.e. how much more will I pay, and do I have to pay National Insurance twice? A. In the case of UK res...

by Jill Andrews - 2 months ago

How to manage company car tax as a small business owner

You will have to pay a tax for having a company car If you have a company car, then the chances are that you will have to pay company car tax. But, what is company car tax? And how much will you have to pay? In this article, we’ll look at what the tax is, the new changes you should know about, w...

by Jill Andrews - 2 months ago

Tax-efficient ways to extract profits from your business

Navigating your way through the early stages of your company life cycle can be one of the most challenging times for small businesses. From knowing when it’s time to recruit to choosing suitable office space, there are a number of pitfalls awaiting companies who aren’t prepared for what’s ahead –...

by Jill Andrews - 2 months ago

VAT registration: the facts

Here's what you need to know about VAT registration VAT is administered by HMRC. If your annual turnover exceeds £85,000 in the previous 12 months you are required to register for VAT. This means that once registered you will be given a unique VAT number relevant to only your business. You will...

News / News - 1 year ago

Samsung Galaxy S8 Plus review

The next Galaxy devices have finally arrived from Samsung and there's a slightly different strategy for the 2017 flagship phones. Now in simply different sizes rather than offering varying tech, here we go in-depth for our Galaxy S8 Plus review to see if you should buy the larger handset. You might...

News / News - 1 year ago

LG V30 latest rumours – release date, design and features

The LG V20 was hugely popular in late-2016, especially as it was one of the first smartphones to run Android 7.0 Nougat. While it never actually went on sale in the UK, we have high hopes for LG’s 2017 flagship, the LG V30. The LG V30 is rumoured to launched in a few weeks, so here, we round up all...

by Jill Andrews - 1 year ago

A Brief History Of Stereo Headphones

Headphones have been around for many years now and have been very popular. Many original headphones were designed to only accept the audio signal in mono due to the limited capabilities of the technology back then. But then there was the introduction of stereo and this pushed the technology industry...

News / News - 1 year ago

How to fix missing default gateway address

If you know that your default gateway is missing, then you’re probably trying to connect to your router, or fix a PC or laptop that won’t connect to the internet. It also means you’ve probably tried to use the Command Prompt to get the default gateway by running the command: ipconfig /all Regardless...

News / News - 1 year ago

LG G7 latest rumours: Release date, UK price, specs & new features

As we look forward to the LG G7 the company is still more concerned with the LG G6, in mid-July launching the LG Q6 (aka the G6 mini) and since then the LG Q8. But that hasn't stopped rumours of a new flagship coming in. In fact, there's talk of it arriving earlier than ever, perhaps with a January...