Business Asset Disposal Relief (BADR) is a valuable tool that helps business owners reduce the amount of Capital Gains Tax (CGT) they need to pay when they dispose of an asset, such as selling part or all of their business. Formerly known as Entrepreneurs’ Relief, BADR offers potential tax savings, but it comes with strict […]
You’ve had your lightbulb moment, set up your business, and now you’re in the process of growing and developing it. After investing time, energy (and money) to get to this point, protecting your business becomes a top priority. One key way to do this is by implementing a Non-Disclosure Agreement (NDA). Chatham House Rules, Only
How Do I Use Non-Disclosure Agreements to Protect My Business? Read More »
When setting up a business, you might wonder whether you need a company name or a trading name – or both. Many businesses use a different name from their official Companies House registration, often using “T/A” (trading as) before their trading name. But what’s the difference, and when should you use each one? ‘What’s in
Company Name vs. Trading Name: What’s the Difference? Read More »
When it comes to your business, some assets are tangible like stock, premises, or cash, while others—such as your brand name, slogan, and identity—are less visible but equally valuable. These are known as intangible assets. Protecting your intellectual property (IP) and trademarks is crucial in maintaining your brand’s reputation and financial success. Here’s what you
Whether you’re a sole trader, limited company or working together as a partnership, you have assets in your business helping you trade. Assets are the things your business owns that hold or generate value. They play a crucial role in keeping your business up and running and are essential for accounting. From the cash in
What Are Business Assets And How to Recognise Them? Read More »
Capital Gains Tax (CGT) might sound complicated, but if you’re thinking of selling a property, it’s something you need to get familiar with. Whether you’re selling a second home, a rental property, or even giving a property away, CGT can impact the profit you make. Let’s break down everything you need to know about how
How to Handle Capital Gains Tax on Property in the UK? Read More »
Running a limited company in the UK means you might need to submit a Company Tax Return and pay Corporation Tax on your profits. Corporation Tax is a tax on the profits made by limited companies and other types of organisations, like members’ clubs or trade associations. Profit is the total income left over after
How Do I File My Company Tax Returns and Reduce Corporation Tax Bill? Read More »
Owning a holiday let can be expensive, with ongoing costs like maintenance, utilities, and updates to keep the property fresh and appealing. Fortunately, there are ways to make your holiday let business more tax-efficient and help you maximise profits. In this blog post, we’ll explore tax-saving strategies tailored for holiday let landlords, including choosing the
Ready to take your personal and professional growth to the next level? Imagine building a wealth mindset, overcoming the fears that hold you back, and turning your business dreams into reality. In this post, we’ll explore the power of lifelong learning, the importance of mastering your mindset, and the steps you can take to diversify
Power of Reading, Learning, and Growing as an Entrepreneur Read More »
Here we go! Time to focus. You ready? Think of Time Management as Pain Management. Time management is essentially about handling internal discomfort. People often get distracted to escape negative emotions, so mastering distraction involves learning to cope with these feelings.Distraction is anything that pulls you away from your intended actions, steering you away from
How To Avoid Distractions and Stay Focused? In 8 Steps Read More »
