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In a smart move to increase the circulation of new £5 notes, fivers are now being dispensed from more ATMs than ever before. In the summer of 2010, nearly 10 times as many fivers than usual were being dispensed, according to the Bank of England. Every month, around £200 million worth of fivers are now […]
British Taxpayers To Pay £421 In Tax British taxpayers are expected to overpay in tax this year, at an average of around £421 all in all. It’s also expected that 85% of us will be unable to reduce our tax bills, too. Brand-new figures have brought about these expectations. 2012 Will Be The Second Biggest […]
Liberal Democrat leader and Deputy Prime Minister Nick Clegg has aired his support for the tycoon tax proposal, which would bring in a minimum taxation rate to ensure that all citizens pay their ‘fair share’. Speaking before his party’s annual conference and before the budget was announced, Clegg claimed that the current system of allowing […]
Apprenticeship courses are more popular than ever, and accounting is just one of the many kinds of courses you can now benefit from. An accounting apprenticeship could see you working in a business and office environment, advising companies and working in financial accounts departments. The apprenticeship could even help you with running your own business. […]
Online traders are being targeted by Her Majesty’s Revenue and Customs in a new bid to crack down on unpaid tax. HMRC is asking all online marketplace traders and business owners to come forward to admit any tax that they haven’t paid – failure to do so will result in ‘harsher penalties’. This new clamp […]
It’s necessary to be more professional and provide more information than ever to the banks if you have the intention of getting a business loan. After the economic downturn, the banks have simply stopped lending to a lot of people, and now require a lot more proof of financial stability in order to lend. Below […]
After the recent economic meltdown, getting a loan for your business has been more difficult than ever. The lending criteria for banks are now far stricter than before, and in order to achieve bank funding, you’re going to have to stick to some rules. Below you’ll find three top tips to remember when trying to […]
When it comes to accounting, you have two options – an account and a financial planner. But how do you know which one you need? It’s easier than you think. One of the main reasons why people hire is an accountant is if they have a lot of wealth, or a business that is bringing […]
At some point in the life span of a family business, a transfer of ownership is going to take place. As the owner of the firm gets too old to run the company or dies, then the ownership will need to be transferred to another member of family. If you ignore the matter of whether […]
There has been a rise in self-employment during the last year. The latest figures show that more than 35,000 people registered as self-employed during the time, overall lifting the total of UK residents working for themselves to just short of 4million. The reasoning for this is fairly simple. With an increase in redundancies, a lack […]