Starting your own business can seem daunting, especially when it comes to finding funding.
Tax disputes can be a significant drain on resources for any business, and with recent data suggesting that over 60 per cent of businesses are currently embroiled in a tax dispute with HM Revenue & Customs (HMRC) that has lasted more than a year, this is clearly a widespread issue.
Currently, if someone dies before the age of 75, their pension can be drawn out by beneficiaries’ tax-free, as it is exempt from Inheritance Tax and Income Tax if it is under the Lifetime Allowance (LTA).
The financial landscape in the UK, as well as globally, is in a constant state of change.
In the ever-changing business landscape that we see today, merely reacting to events as they occur is not enough.
Exiting a business is a significant milestone for any entrepreneur or business owner.
As an owner or director, it may be possible for you to pay less tax on your income from your company through dividends.
In the world of entrepreneurship and small businesses, technology continues to revolutionise the way we manage our operations.
Setting up a new business is not merely about innovative ideas or immense passion. It also demands careful planning and research.
When it comes to creating a new brand, considering your finances is a vital part of the planning stage as you need to ensure you have the budget for all your goals.
