For many small business owners, Bookkeeping is often pushed to the bottom of the to-do list, as it is viewed as a complex and time-consuming chore that distracts business owners from their core operations and revenue-generating tasks. However, many may fail to understand but Bookkeeping plays a vital role in the success and sustainability of […]
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What is a Dormant Company? A Complete Guide for Small Business Owners
As a UK business owner, if you own a dormant company, it’s crucial that you are aware about the legal obligations that come with owning such a business. Having a dormant company status comes with a lot of significant benefits as long as you are taking the correct steps to maintain compliance with financial and […]
What Is Entrepreneurs’ Relief and How Does It Work?
If you are thinking about selling your business, shares or assets, there is a high chance you would have to pay a large percentage of your profit towards Capital Gains Tax (CGT).