UK SMEs Express Optimism Over Trump and Brexit

There is a perception that the election of Donald Trump as US President and the UK’s decision to leave the EU will be bad for British small businesses. But in a recent survey, British small to medium-sized enterprises (SMEs) expressed optimism over both the “Trump effect” and Brexit. 

Turner Little reports.

Brexit Could Turn UK Into Tax Haven

In a recent interview, British Chancellor Phillip Hammond admitted that if Brexit negotiations force the UK to leave the EU’s single market, the country may turn itself into the tax haven of Europe.

Read the full article on the Turner Little Blog.

How Theresa May Plans To Build British Modern Industrial Strategy

Last year, UK Prime Minister Theresa May revealed that Brexit will begin in March 2017. She has made it clear that her government will pursue hard Brexit, placing national sovereignty over freedom of movement. Recently, May released her Modern Industrial Strategy green paper, outlining how Whitehall will help businesses expand and boost economic progress, in a post-hard Brexit Britain.

Read the full article here.

Why Should You Start A Business In York?

One of the basic considerations of starting a business is location. You need to base your company in an area which allows you to both access your target market and recruit talented employees, to promote expansion. You may want to consider setting up your company in the walled-city of York.

Read Why Should You Start A Business In York.

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.

Read the full article: How Small Businesses Can Lower Their Corporation Tax Bill

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