The Government’s Coronavirus Business Interruption Lending Scheme (CBILS) is now live and we can apply on your behalf for a loan if your business has been impacted by Covid-19. The high-level eligibility criteria are: Be UK-based in its business activity, with annual turnover of no more than £45m Have a borrowing proposal which, were it …
We will be updating this page regularly as the Government releases information on support packages for small and medium sized businesses. Please be aware that there currently seems to be a lag of 48 to 72 hours between new measures being announced by the Chancellor, and technical guidance being released by the Government. We cannot …
In the first part of this article we looked at some of the basics of Making Tax Digital, the new UK government initiative that will see an end to paper tax returns. Here we delve deeper into how the initiative will actually affect your business and how you deal with your tax obligations. How will your business tax …
Making Tax Digital – What does it mean for your business? (Part 2) Read More »
Guide to increasing your business leads The principles behind winning in business and winning in sport are similar in many ways. Take Rugby, for example. If you’ve ever watched a match on television, you’ll know that along with all the hitting, running and grunting there are a lot of numbers involved. And we’re not just …
How to Win in the Game of Business: Lead vs Lag Indicators Read More »
Something’s coming to all self-employed professionals and limited companies across the UK that you need to know about. It’s called Making Tax Digital, and it’s set to revolutionise the way you do your business tax returns. But, for the average tradesman we encounter, it could turn into a nightmare. In this two-part post, we’ll look at …
Making Tax Digital – What does it mean for your business? (Part 1) Read More »
Electricians – the 7 things you need in business to be a success So you think you have what it takes to run your own electrical business. Many try, but only a few really have what it takes to grow their business beyond working for themselves. Over the years I’ve helped many business grow and …
Plumbers! Here’s what you need to get started working on your own Whether you’ve just started thinking about it or if you’ve been running your own plumbing business for the last few years, now is a good time to ask yourself why you want to do it? Why do you want to be your own …
Xero Bookkeeping Systems Automation A lot of people dream of starting their own business and making money doing what they enjoy. Unfortunately, establishing a new business takes a lot of work. And for some, it can quickly take over their lives and turn their dream into a nightmare. They knew they’d be spending long days working …
How to automate your small business bookkeeping systems Read More »
Five ways you can stay in the HMRC’s good books, and avoid the dreaded ‘brown letter’ Like most tradesmen, filing your tax return and/or confirmation statement is probably the last thing on your mind. You may not even know what your legal options are. But who has time for stuff like that when you’re busy …
Attention tradesmen: 5 ways you can avoid a nasty tax letter from HMRC Read More »
Level Accounting is a forward-thinking accounting firm. We know that the financial side of your business can be a minefield, which is why we can look after the all of your accounting, leaving you the time and headspace to run and grow your business to its full potential.
