Latest News and Updates
How Businesses Lose Money on Currency
Ask what an international payment costs, and you'll get the transfer fee back as the answer. £15, £25, sometimes nothing at all if the provider's feeling generous, but that number is almost never... Read more
What a Confirmation Statement Is (It Isn't Optional)
Once a year, every UK limited company and LLP has to file a Companies House confirmation statement. The idea is simple: you're telling Companies House that what they have on file about your company... Read more
A Business Loan Is Not Income
So the question comes up a lot, especially once you're running things through a limited company: do you pay taxes on a business loan? Short answer, no. It's not income, so it doesn't touch your... Read more
What You Can Claim as a Business Expense in the UK
HMRC has one rule for what counts as an allowable business expense: the cost has to be "wholly and exclusively" for the business. That phrase does most of the work, and it's stricter than it... Read more
How Businesses Can Recover Unpaid Invoices
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How UK businesses could access up to £2 million
The UK government is now expanding the Growth Guarantee Scheme. “Up to £2 million” is the part that makes the headlines. The more interesting number is 70%.That is the share of the lender’s... Read more
