Is 2023 going to be the year you launch your new business? If so, we know it can feel exciting, but also overwhelming! In our job as business accountants, we …
Heelans top 5 blogs for 2022
As you may know, we write a lot of blogs each year to help keep you informed of changes, and also to help small business owners understand more about tax …
When do I need to do a tax return?
For new business owners knowing when you do a tax return is a worry. This short blog answers this question from a newly self-employed person’s point of view. As it’s …
How to avoid the Christmas Cashflow Crunch [2022 edition]
The winter months can be a worrying time for many business owners. Depending on your business, managing the cash coming in, and at the same time juggling what needs to …
How to have a ‘tax efficient’ Christmas
The festive period is upon us, so what better way is there to get in the spirit than with an early Christmas present from HM Revenue & Customs? Let’s start …
Do I need a holding company?
Many business owners ask us about ‘holding companies’. They’ve heard from someone that they are a great idea from either a tax or protection point of view. While this can …
The Autumn Statement 2022 – Small Business Highlights
Well, it happened! The Chancellor Jeremy Hunt gave his Autumn Statement in parliament this morning. As usual this blog covers the financial impact of the Autumn Statement to the small …
Do I need to get VAT receipts?
This is a very common question asked by business owners and there is often some confusion around the subject. In this short blog we are going to cover the key …
Starting a business and not sure where to start?
For many people the idea of starting a business is a constant obsession, but often in a practical sense it can be almost debilitating not knowing where to start. In …
What does tax deductible actually mean?
When speaking about your business with an accountant, you may have heard the phrase ‘tax deductible’ presented as a Very Good Thing. Well, the good news is, this part is …
Reversals, U-turns and Bad News for Your Tax Bill
Over the past few weeks since we’ve had the fabled ‘mini budget’, the government has effectively changed its mind on what was announced in the budget. In fact, we are …
The ‘Mini-Budget’ (Growth Plan) Small Business Highlights
Officially, it wasn’t a mini budget, or even a fiscal statement. The Chancellor Kwasi Kwarteng set out the government’s ‘Growth Plan’ on Friday 23rd September. Whatever you call it, however, …