How to change from a sole trader into a limited company is this week’s topic. Are you thinking about changing from a sole trader to a limited company? There are many reasons why this might be the case. Tax issues and wanting more protection for your business are the...
Are you a business owner then this podcast Furlough Finishes - Next Steps is for you! You'll learn What housekeeping exercises are needed How to deal with over claims The entries to be made in your tax return, self-employed or CT form. It's all jargon-free so...
Furlough Grant – Next Steps is a must know topic. Furthermore, even though the scheme has ended there is housekeeping to be done. Records, compliance and reporting to HMRC is still on the radar. If you are an employer, whether you're a self-employed employer or a...
Business Growth and Overtrading is one of the biggest problems facing businesses today, Furthermore it impacts start ups to established businesses. It's easy enough to avoid if you know what signs look like but many companies simply don't have the time or expertise...
Have you ever wondered how to spot and fix overtrading? If so, then this video is for you. Over the next few minutes, I'm going to show you how to spot and fix overtrading in your business. So, let's get started! Are you looking to grow your business? If so, then it's...
Are you looking at a way of Calculating holiday pay entitlement ? Calculating holiday entitlement can be complicated, but it doesn’t have to be. In this week’s I Hate Numbers podcast I am going to look at how to calculate leave entitlements, the leave period and how...
Understanding holiday pay, and how to calculate it is vital for any business that has workers. Are you a business, private or not for profit? If so, then this video is for you. Firstly, I'm going to explain how holiday pay works in the UK Secondly, how you calculate...
About this episode Your financial statements tell the story of your business. The words in that story are numbers, and understanding what they mean gives us more clarity, control, and confidence. In this episode, we explain the key financial statements every business...
Financial Statements explained is this weeks video, understanding them is a big deal. Above all the financial statements form the bedrock of any company. Therefore understanding them and how they work gives you insight and clarity. In this video I'll talk you through...
About this episode Pricing is one of the biggest decisions we make in business. Charge too little and we damage profit. Charge too much and customers may walk away. Target costing gives us a different way to think about price, cost, value and margin. In this episode,...
Pricing using Target Costing is this weeks video-blog theme. Costs are reduced by as much as 25% to 30% under target costing, compared to traditional cost plus pricing. Above all your focus is on understanding and knowing your market conditions from day one. This...
Resource Analysis for your business is this weeks blog and video. You need resources for business growth and success. Furthermore it’s important to see if the current set of supplies will help or hurt your business. Resource analysis helps your business bridge a...
About this episode Resources are vital for business growth and success, but resources are not just about money. They include people, equipment, systems, time, skills, reputation, working capital, and the ability to use those resources well. In this episode, we explain...
Undercapitalization and business failure go hand in hand. Just like Peaches and Cream, Gin and Tonic, Pineapple and Pizza. Undercapitalization is the main reason why many businesses become financial failures. In this week’s podcast I'm going to talk to you about...
How to avoid undercapitalization and what it is, is this weeks video and blog. It’s when you run out of money, and the company hits a financial brick wall. This video will cover what it is, why it’s a problem, and how to avoid it. The reason why so many small...
Claiming back VAT on cars, do you want to get VAT back on your a car purchase? If you buy a car for business purposes, then the VAT is recoverable. But if HMRC thinks that it's not being used exclusively for business purposes, they will block your claim. In this...
Claiming VAT on cars is the title of this week’s video. So if you’re buying a car, it can be difficult to know what the rules are around VAT. Moreover, can you reclaim the VAT ? Above all are you struggling to recover VAT on your car purchase? If you’re like most...
National Insurance easily explained is to help self employed, employees and employer understand National insurance. In this weeks podcast I'm going to be talking about national insurance, NI for short. Specifically what it is why you pay how much you pay the planned...
National Insurance explained by Video, how cool is that. Are you looking for a simple explanation of National Insurance (NI)? You have come to the right place In this video, I am going to be talking about National Insurance specifically, what it is The rationale...
What are your VAT responsibilities when your business becomes VAT registered? Do you know what they are when your business becomes VAT registered? You take on responsibilities as an unpaid tax collector working for HMRC. If you do not comply with these...
Your VAT responsibilities after registration continue until the day you come out of the VAT system. As an unpaid tax collector for HMRC you must know your duties and responsibilities. The last thing I want is for you to end up on the naughty step with HMRC and run...
About this episode VAT can feel confusing, awkward, and intimidating for many business owners. However, once we understand the basic principles, the system starts to make more sense. In this episode, we explain how Value Added Tax works, how it affects businesses, and...
What is VAT ? VAT, or very awkward tax as I like to call it confuses and scares many business owners. Above all, Fear not! I'm going to talk to you about what VAT is, how it affects your business, and enlighten with how the VAT system works. This is part 1 of a...
Do you struggle with Your mental health and money? You’re not alone. Millions of people are struggling with their mental health and money, but it doesn’t have to be that way. There is a solution! It’s not an uncommon feeling to feel overwhelmed by debt, anxiety,...