Author: harrisons

Starting a business is exciting, but the financial side can feel difficult when you are still finding your feet. You may be focused on winning clients, delivering work and building your reputation. At the same time, you are expected to understand tax, bookkeeping, registration and...

Tax planning is about making informed decisions before your accounting period closes, not trying to reduce a tax bill after the event. If you run a UK limited company, the weeks and months before your year end can be an important planning window. You may still...

Missing a Self Assessment deadline can feel worrying, particularly when you are already busy running a business. However, the situation is usually manageable if you act promptly. The key is to understand which deadline you missed: The deadline to register for Self Assessment The deadline to submit your...

Running a small business often means switching between sales, customer service, projects, staff, suppliers and finances. If you are also spending hours entering transactions, chasing invoices or searching for receipts, it can feel as though the admin never ends. Xero can help reduce that pressure. Its...

Employing your spouse or partner can be a legitimate and tax-efficient arrangement for a small business. It is not, however, a shortcut for moving profits without substance. The key question is simple: does your spouse carry out genuine work for the business, and are they paid...