by Shoaib Aslam | May 18, 2022 | Financial Advice, Small Business Advice, Startup Advice, Tax
As part of the Chancellor’s Budget 2021 announcement, a new “super-deduction” capital allowance scheme was announced. This means that companies will be able to claim 130% capital allowances on qualifying plant and machinery investments purchased between 1 April 2021... 
by Shoaib Aslam | May 12, 2022 | Financial Advice, Small Business Advice, Startup Advice
Regardless of what many supposed business gurus say, “following your passion” is not necessarily the greatest business advice out there. This isn’t to say you shouldn’t follow your passion. Ideally, we would all be doing what we love, to earn a living. But, when kids... 
by Shoaib Aslam | May 4, 2022 | Accounting, Financial Advice, Technology
If you have employees then, by law, you need to “run payroll” every time you pay those employees. So, if you pay employees every week, then you need to run payroll every week. (And if you pay them daily then you would need to run it daily!) Payroll is a complicated... 
by Shoaib Aslam | May 2, 2022 | Accounting, Financial Advice, Small Business Advice, Startup Advice
Cloud-based accounting has revolutionised the way freelancers and small businesses do their bookkeeping, accounting and year-end taxes. Over the years, these tools have grown so sophisticated that many costly accounting functions of the past are now within the hands... 
by Shoaib Aslam | Nov 10, 2021 | Financial Advice, Small Business Advice, Startup Advice
Even the young entrepreneur operating a lemonade stand knows that, when sales are up, business is doing well, and when they’re down, more marketing is needed. This metric of sales and gross income are known almost instinctively by anyone starting a business. That’s... 
by Shoaib Aslam | Oct 20, 2021 | Accounting, Financial Advice, Small Business Advice, Startup Advice
A lot goes into starting and running a successful business in the UK. From having a great business idea to writing an excellent business plan, to keeping your accounting up to date, there’s a lot that UK SMEs need to know. It is vital for entrepreneurs and business...
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