Some careful forethought can help minimise your capital gains tax (CGT) bill. Everyone has an annual CGT exempt amount, which in 2023/24 makes the first £6,000 of gains free of tax. For 2024/25, this amount will be halved to £3,000. […]
Category: Strategy +Planning
Managing your business through high inflation
Businesses trying to cope with 9%-10% inflation face a difficult balancing act. For many there is a stark choice between potentially alienating customers by increasing prices too sharply or absorbing increased costs and risking their own survival. Staff shortages and […]
Double whammy from rising prices
Rising prices hurt just about everyone, but small business owners face a double whammy: the impact on their own spending power, but also less revenue coming in from cash-strapped customers. The volume of retail sales fell 1.4% in March, with […]
making the most of business disposal reliefs
If you are a company owner planning to sell your business in the future, you can make sure that the chargeable gain on your shares is taxed at 10% rather than 20% – in other words that the disposal qualifies […]
how to pivot your business strategy
If your business goes through a tough period, it may be time to pivot your strategy. Necessity is the mother of all invention. Many firms have had to pivot their business strategy due to the current market conditions. In order […]
Companies House webinars
Join Companies House live webinars for quick and useful guidance. The webinars cover a range of topics, including: starting a limited company and your responsibilities to Companies House and HMRC how intellectual property such as patents, trademarks and copyrights can […]