Friday, 20 January 2017

Tax Return Revolution Arrives in 2017

It is essential that as a small business owner, you learn your tax obligations, otherwise your firm could incur significant financial penalties. You should be aware that 2017 will see a huge shake-up in British tax return reporting, as Whitehall clarifies its ‘Making Tax Digital’ programme. 
Read the full article: Tax Return Revolution Arrives in 2017

How To Cut Down Five Significant Business Costs

It is vital that as a small business owner, you strive to reduce your firm’s outgoings wherever possible. With this strategy, you can free up capital both to fund day-to-day operations. Turner Little discusses how to cut down five significant business costs.

Read the full article: How To Cut Down Five Significant Business Costs

How Small Businesses Can Lower Their Corporation Tax Bill

If you run a limited company, no matter the size of your operations, you are required to pay 20% corporation tax on your profits to HM Revenue & Customs (HMRC). Helping you reduce this financial burden, Turner Little explains how to lower your corporation tax bill as a small business owner.

Five Considerations for Opening Your Business’ First Bank Account

Finding launch capital is one of the basic considerations of starting a company. You will need to open a bank account for your business, in order to manage your start-up cash effectively but if you choose the wrong provider, you could restrict your firm’s cash flow and damage its operations. Turner Little names the factors you should consider when opening your business’ first bank account.

Read the full article: Five Considerations for Opening Your Business’ First Bank Account

Tuesday, 20 December 2016

How to Keep Your Business Safe Online


It is key that you facilitate online conversations with your customers, as consumers are increasingly researching and engaging with businesses on digital platforms. But there are a range of threats, especially cyber-attacks, which can damage your reputation among consumers, limiting your ability to build a lucrative online presence. Turner Little explains how to keep your business safe online.

Read How to Keep Your Business Safe Online on the Turner Little website.

Monday, 19 December 2016

How to Use Trusts for Inheritance Tax Planning

You may wish to safeguard your estate from inheritance tax, to ensure you can financially provide for your loved ones, after you pass away. You can utilise legal vehicles called trusts strategically for this purpose. Turner Little explains how to use trusts for inheritance tax planning purposes.

Read How to Use Trusts for Inheritance Tax Planning on the Turner Little blog.

Friday, 16 December 2016

Turner Little: A Guide to Accounting Reference Dates

If you form a limited company, you will take on a range of duties in your capacity as director. You will be responsible, for example, for fulfilling your firm’s filing obligations, such as delivering its annual accounts to both Companies House and HM Revenue and Customs (HMRC). To help you file your annual accounts properly, here is Turner Little’s guide to accounting reference dates.