Many of us aspire to running our own business – and not always for the same reasons. For many, the appeal lies in the freedom of being their own boss and setting the hours they work. For others, it is in the challenge of making it big and obtaining full financial reward for their efforts. […]
The Chancellor Philip Hammond presented the last Spring Budget on Wednesday 8 March 2017 In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to the distinction between employed and self-employed individuals. The Menzies Tax Rate card outlines the business and individual tax […]
As the end of the 2016/17 tax year end approaches, it is important that you take the time to review your financial and tax arrangements, and consider what actions you may need to take before the start of the new tax year on 6 April 2017. Taking action before the end of the tax year […]
Although the impact is still uncertain at this stage, preparing the ground work for change is good business practice and it is certainly advisable to undertake a structured review of your existing circumstances in order to assess the risks and opportunities inherent in the business. Through this process of evaluating your existing structures and operations, […]
Transforming a groundbreaking idea into a successful business proposition is the ultimate goal for many entrepreneurs and breaking away from the protective environment offered by incubators and accelerator programmes is a tempting pathway to success. Nevertheless, in the early days it is important for entrepreneurs to temper their enthusiasm with a sound foundation of business […]
