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Cost of domain names more expensive than a year ago

A survey carried out by Sedo, a global domain marketplace, has revealed that small businesses are paying 5% more for their domain names than they were this time last year. Sedo’s Q2 2011 Domain Market...

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Premature scaling killing many small businesses

There are any number of reasons a fledgling business can fail – and the sad truth is that the majority do within the first year. Be it financial mismanagement, lacklustre marketing or just poor...

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Government urged to make smallest businesses file accounts

Europe’s largest credit management organisation, the Institute of Credit Management (ICM), has launched a petition in conjunction with the commercial credit referencing agency Graydon UK, to prompt a...

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Less than two weeks left in HMRC VAT amnesty

For the last few weeks the good people at Her Majesty’s Revenue & Customs have been running a VAT registration amnesty (called the VAT Initiative) for those earning above the VAT registration...

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How to become a millionaire without winning the lottery

Money is a very emotive subject. Money is also very psychological. We each choose how we spend our money. The more one earns the more one theoretically could and should save. The same is true of...

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HMRC: PAYE errors result in several 200-year-old employees

A valuable lesson today from the good folk at Her Majesty’s Revenue & Customs on the importance of filling out paperwork correctly. Having sifted through employee PAYE submissions for 2009/10, HMRC...

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Barclays launches new cash-transfer mobile app

Barclays Bank (who recently retained their title as least-popular bank) has launched a new mobile app that could be of interest to freelancers and contractors, which enables users to transfer money to...

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Capital allowances: the biggest tax break you’ve never heard of

When you spend money buying or improving a property, HMRC allows you to offset some of that expenditure against your profits or general income for tax purposes. This tax break is called capital...

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The definitive freelancer accountancy glossary

Accountancy. Just hearing the word will send a chill down the spine of most freelancers. Whether you’re a sole trader or a limited company, some level of bookkeeping and accountancy is a necessary...

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Just 15% of UK freelancers using umbrellas

There were some interesting stats released last week by umbrella firm Paraplus, who conducted a survey of 2,000 freelancers and found that just 15% of them used umbrella firms to manage their finances...

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