The hidden side of running a business is often the varying levels of paper work that accompany the business. One of the many pieces of paperwork you will have to generate on at least an annual basis is a balance sheet. It is normal for Her Majesty’s Revenue & Customs (HMRC) to request one as [...]
At one point or another most businesses will have had the experience of being granted an overdraft. Losing an overdraft can be a financially damaging for the business. Or on the other hand being given an overdraft can be invaluable. On many occasions having an overdraft can be a vital life line for the business [...]
The recent government spending review has brought home the reality that most businesses will have to make decisions that help them to weather the impending storms. There is no doubt that the government action of making cuts will cause a chain reaction during which many businesses will be forced to think about their spending habits. [...]
According to a report published yesterday by eBay one in three SMEs are still unable to access finance from their banks. With over 160,000 VAT Registered businesses on eBay this report makes grim reading, Jody Ford, eBay UK’s Director of SME Businesses said: “Government recently announced a series of measures to encourage enterprise in the [...]
Following on from my last posting about our new online cheap company formations service, today I want to let all those who are thinking about starting a business whether for the first time or because of necessity due to the recession, we have now updated our New Business Kit. Our New Business Kit is full [...]
Here at Holden Associates we are always looking for new services we can provided. Our latest is our Online UK Limited Company Formation service. If you are forming a UK Limited Company we can now, through our online company formations webpage, offer a 3 (working) hour limited company formation service with prices starting at just [...]
As everyone knows by now, HMRC have been allowing businesses to defer paying tax by entering into an arrangement to pay in instalments, we first reported this in November 2008. What a difference a year makes, because even though the arrangements are still provided for we have something different to report, we have now found [...]
I have from November 2010 become a Mentor with the Institute of Enterprise and Entrepreneurs, how is this relevant to the smaller business owner or entrepreneur? Read on … The IOEE is the first learning Institute dedicated to recognising the profession of enterprise and entrepreneurship, both in the UK and internationally. IOEE will give [...]
If you talk to a small business owner about tax it will not be uncommon for them to come up with numerous justifications as to why they feel they do not require professional tax advice. Frequently their beliefs about not requiring taxation advice revolves around four pillars of thought. The first being:- 1. I do [...]