How Small Businesses Can Comply With the PSC Legislation

On 6th April 2016, the Small Business, Enterprise and Employment Act 2015 came into effect. As part of this law, UK Companies and Limited Liability Partnerships (“LLP’s”) are required to maintain a People with Significant Control (PSC) register. 

Turner Little outlines the key considerations of PSC register compliance for UK Small Businesses.

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Turner Little Asks:What is Credit Repair?

A poor credit rating can limit your ability to live a normal life both personally and professionally, as well as limit access to the funds you need to obtain a mortgage or to start a business.

In this article, Turner Little ask, what is credit repair?

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What Should You Consider When Opening an Off-Shore Account?

Despite often attracting “bad press”, establishing an off-shore bank account can provide you with the effective means to manage your assets particularly when you live, work or buy property abroad or routinely transfer money between international accounts or currencies.

Turner Little outline the key considerations when opening an off-shore bank account.

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What Not To Do When Setting Up Your Business

Turner Little recently reported that nearly half of UK adults want to start their own business, with 50% of this number saying they would utilise their own savings to become their own boss. If you have got a great idea for a business, you need to avoid making strategic mistakes to ensure you cultivate a successful venture.

Turner Little explains what not to do when setting up your business.

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Explaining the Importance of Intellectual Property for Your Business

By safeguarding your firm’s IP, you can maintain any competitive advantage gained in your target market which is a direct result of your unique ideas. You can also utilise IP to create new revenue streams for your business by selling or licensing ideas and products to 3rd parties.

Turner Little explains the importance of IP for UK companies.

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Business Rates Shakeup to Benefit SMEs

UK Chancellor George Osborne announced the government’s 2016 Budget last week and revealed a major shakeup to business rates, the tax paid on UK business properties.

Turner Little considers how this policy change could benefit UK small to medium sized enterprises (SMEs).

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How to Deal With Five Key Start-Up ‘Red Tape’ Issues

Turner Little look at Government regulation which is often is a big issue for small to medium sized business owners to get around.

Government regulation (often referred to as ‘red tape’) is a big issue for small to medium sized business (SME) owners. A 2015 study from the Forum of Private Business, a lobbying group for UK small businesses, estimated that red tape costs SMEs close to £41 billion per year.

Here Turner Little outlines five key start-up ‘red tape’ issues you need to be aware of when establishing your own company.

Read the full article here.