The UK's SME sector is a powerhouse, home to over 5 million businesses and making up more than 99% of the nation's business population. It's a dynamic space brimming with potential. For many of these small and medium-sized enterprises, the natural next step in their journey is to scale-up.
Family Investment Companies (FICs) have become an increasingly popular wealth management solution for families in the UK. By setting up a FIC, you can benefit from tax efficiencies, asset protection, and the ability to pass on your wealth to future generations.
Although the filing deadline was extended in October 2021, many landlords and individuals are still failing to meet Capital Gains Tax reporting requirements on the sale of a second home. DSA Prospect Director, Nick Longford offers valuable insight and advice on how to avoid penalties and benefit from exemptions and allowances.
When you receive income from self-employment or other sources such as property or investments, HMRC requires you to complete a Self Assessment tax return to ensure you are paying the correct tax.
Managing costs is a challenge every business faces, and employee benefits are often a target for potential savings. Director, Ashleigh Wood explores how salary sacrifice for pension contributions can help you improve your bottom line without compromising on what's important to your team.
Whether you're responsible for overseeing employee payrolls or handling your own contributions, managing National Insurance contributions is a notoriously complicated and time-consuming process for employers and the self-employed.
As a UK business owner, navigating the complexities of the tax system can feel like a constant uphill battle. However, effective year-end tax planning for your business isn't just about minimising your tax liability; it's about strategically managing your finances to maximise profits and fuel future growth.
Small and medium-sized enterprises (SMEs) often find it challenging to secure the funding needed to fuel their growth and innovation. The UK Growth Guarantee Scheme (GGS)is a government program that addresses this challenge by providing businesses a lifeline to scale their organisation.