National Insurance – A tax with benefits? Part 2
In part one of this article, last month, I covered the different Classes of National Insurance and how payments are …
National Insurance: A tax with benefits? Part 1
I quite often get asked questions about National Insurance, particularly as to how it is calculated and what it is …
Entrepreneurship
Covid 19 and Entrepreneurship According to the Organisation for Economic Development (OECD) unemployment could rise to almost 15% of the …
Spotlight on Universal Credit
Covid-19 and increased support Some 1.5 million people have now applied for Universal Credit since the government advised people to …
COVID-19 and the UK Government’s financial response
Since the public lockdown was announced on 23rd March 2020 in an unprecedented speech by Boris Johnson to the nation, …
What is a trade for tax purposes?
The reason behind this article is that I realised there was very little guidance on the meaning of the word …
Tax debt and bankruptcy…
Watch out those working in the construction industry! My own experience of contacting HMRC on behalf of prisoners and their …
Tax debt
Part 1 – self-assessment There is a myth that I have often encountered in my professional career that failure to …
Going employed on release
Cellstudy™ in association with the Tax Academy™ Most of the articles written in this column have been about going self-employed. …
Corporate Social Responsibility
The case for planning an ethical business – with social responsibility at the core Definition of ethical: ‘adhering to …
Cash flow
Cellstudy™ in association with the Tax Academy™ In the previous two articles I have covered the ‘Profit and Loss Account’ …
The Profit and Loss Account
Cellstudy™ in association with the Tax Academy™ The profit and loss account (also known as the ‘income statement’) with the …
The Balance Sheet
When preparing a business plan it should include: • A profit and loss statement. • A cash flow statement. • …
Branding for your business
An effective brand will give you a major advantage in an increasingly competitive marketplace. But what exactly does ‘branding’ mean …
Business Structure
As part of your Business Plan you need to decide what sort of business structure you want to operate. In …
The Marketing Plan
A marketing plan is integral to your Business Plan. Without it people will not know about your business and not …
Unlocking your future
Going self-employed part 2 In the December 2018 issue of Inside Time I wrote about the concept of going self-employed …
From prisoners to entrepreneurs
The Tax Academy launches Cellstudy One of the main barriers to gaining employment on release is having a criminal record. …