Spring Statement: Businesses encouraged to complete VAT threshold survey

Last week Chancellor Philip Hammond delivered the 2018 Spring Statement to the House of Commons and announced a call for evidence to explore the effect of the VAT threshold on small businesses. So if you’re running a small business, the Treasury wants to hear from you about how the current VAT threshold affects you, and how they could change its design to encourage your business to grow. What’s…

Accounting for small businesses

Starting up your own small business is a big achievement. You’ve invested in a project you’re passionate about, you’ve worked hard to establish a name, and you’ve developed a clientele. However, paperwork and official matters can make running a business more difficult. This is where TaxAgility comes in. What can we do for you? We, at TaxAgility, are experienced Accountants who aim to minimise…

New Enterprise Bill Plans to Reduce Red Tape for Small Businesses

Touched upon in last month’s Queen’s Speech, Business Secretary Sajid Javid recently put forward a new Enterprise Bill that’s designed to help reduce regulation on small businesses so they can concentrate on growth and will, in turn, create jobs. Speaking at the Engine Shed business centre in Bristol, Mr. Javid is quoted: “Small businesses are Britain’s engine room and the success of our…

Time for Small Businesses to Start using RTI

Having been slowly phased in since April 2013, HM Revenue and Customs (HMRC) announced last month that employers with fewer than fifty employees (small and micro business owners) will be required to start using Real Time Information (RTI) for each member of staff on their payroll from today, 6 March 2015. The RTI system, which we’ve reported on extensively since it was announced over two years…

Green Taxes and Reliefs for Businesses

The general idea behind the government offering green taxes and reliefs to businesses up and down the land is to encourage you to act in a more environmentally friendly manner; whether you’re a large organisation using a significant amount of energy annually, or you’re a SME that hardly uses any energy at all. It should be remembered that, at a more general level, you can claim capital…

Rethinking Financial Management: How Outsourcing Can Transform Your Business

Running a small or medium enterprise comes with a number of difficulties attached. Every day, owners and managers juggle the core business activities along with the ever-mounting demands of financial management, compliance, payroll, and accounting-all without the far-reaching resources large corporations enjoy. A New Approach to Financial Success In many SMEs, every penny counts, and time is a…

London’s small business accountants-2

TaxAgility London’s LocalAccountants London’s Local Accountants, dedicated to making your small business a real success TaxAgility™ has years of experience as specialist accountants working with small businesses in the London area, especially startup businesses, a business looking to grow, the self-employed and contractors. We know that our clients value having us…

The Outsourcing Process: A Step-by-Step Guide

Ready to Transform Your Accounting from Cost Centre to Growth Engine?Embarking on the journey of outsourcing your accounting functions can feel like navigating uncharted waters. It’s a path filled with potential rewards, but also with challenges that require careful navigation. Whether you’re a small business owner looking to free up valuable time or a growing enterprise aiming to…

The Multifaceted Impact of Outsourcing Accounting on Your Business

The Multifaceted Impact of Outsourcing Accounting on Your Business When you’re running a business, every decision you make can have far-reaching consequences. Outsourcing your accounting is no exception. It’s a move that can create ripples throughout your entire operation, touching everything from your bottom line to your company culture. Now, you might be thinking:…

Is It Time to Outsource Your Accounting? Here’s How to Know

Explore the key signs that indicate outsourcing could benefit your business and help you grow efficiently.It may have occurred to you that as your business grows so do the challenges that come with managing its finances. What might have once been a simple process—handling a few invoices or balancing the books—can quickly become overwhelming. Suddenly, there are payrolls to manage, tax…