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New changes to the Flat Rate VAT scheme

New changes to the Flat Rate VAT scheme

Effective from 1st April 2017, the government has announced new changes to the Flat Rate VAT scheme.  The VAT flat rate scheme used to be perceived as the easiest VAT scheme. Many small businesses rely on this scheme for record keeping since it takes a simple...
Signing legal documents

Signing legal documents

Signing legal documents can be time consuming with a reliance on version control and highlighting changes in Word. There can also be costs associated with printing and couriering documents to different parts of the world or simply waiting for sales people to arrange a...
How to get investment

How to get investment

We have done some research into best practice how to get investment and bring you some tips not only about sources of funding but what you need to be doing with your company to attract investors. Here are a few tips: Pull together a strong team – finance...
Sole Trader or Limited Company?

Sole Trader or Limited Company?

Are you better off setting up your business as a sole trader or a limited company?  This is the question many startup companies ask themselves.  There are different tax implications for each status and different administrative requirements. Sole trader status Some...
How much is corporation tax ?

How much is corporation tax ?

If you have a limited company, you are required to pay corporation tax on your profits. This is currently 19%. You can claim capital allowances when you pay for assets that you use in your business such as cars, equipment and machinery. You can also claim capital...