Accounts | Tax | Audit | Business
Global
Joined December 2009
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Not everyone can pay their taxes on time, and this may result in a fine from HMRC. If you have a reasonable excuse, you may appeal for a Self-Assessment penalty and can get this fine delayed or even reduced. Learn more about this in our factsheets.
Whether it's your team, your employees, or network, we'll always need a little help from the people around us. Knowing when to seek assistance and work together with others can go a long way.
As an entrepreneur, are you familiar with all of your auditing, accounting, and tax requirements? Go through your business journey without a journey with a professional by your side. Experience excellent advice and first-class services from Alchemy Financial Solutions.
Self-doubt is normal in any entrepreneur's journey. Check out this simple but powerful trick this CEO uses to overcome it. buff.ly/3gVxlIR
The monthly deadlines for postal payments and electronic remittance of CIS, NICs and PAYE to HMRC are coming up on October 19 and October 22 of 2020. Be sure to get these in order!
Crowdfunding has certainly come a long way in helping businesses and projects bloom. Back in 2011, crowdfunding had only backed eight deals, but it quickly rose to be the second most active form of investment in 2018.
When you're aware of everything that goes on in your business, it's much easier for you to spot potential challenges you'll encounter in the future and prepare strategies to overcome these challenges.
Every company struggles with ways to motivate employees. One incentive that most entrepreneurs are not aware of is the Enterprise Management Incentive, which allows the employee to receive the shares without any tax bill arising until the shares are sold.
Sometimes hearing the experience of others can help us put ourselves in a different perspective. What is the biggest challenge you've experienced as an entrepreneur? Share it in the comments!
Mark your calendars for November 7, 2020. Don't forget the deadline for VAT returns and payments of Accounting Quarter period ending 30 September 2020!
If there's one major thing you need to worry about as a business, it's making sure that you have enough cash in the bank. Business plans can go wrong, but as long as you have enough money to keep you afloat, you'll be alright.
Research shows that women have been taking on most of the responsibilities during the lockdown, crippling their ability to work or run a business.
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Handling business accounts is a challenge in of itself, but for you to juggle it along with other responsibilities as an entrepreneur will only take away your focus from many important things. Let our expert team at Alchemy Financial Solutions take care of it for you.
The monthly deadlines for postal payments and electronic remittance of CIS, NICs and PAYE to HMRC are coming up on October 19 and October 22 of 2020. Be sure to get these in order!
With social media and the internet providing more opportunities for entrepreneurs to reach their audience, more and more startups and small businesses have risen. As of 2020, more than 99% of all businesses in the UK are small and medium-sized, with less than 250 employees.
When it comes to tax, small unincorporated businesses can use cash basis to calculate their profits rather than normal accruals basis. Our task at Alchemy Financial Solutions is to look into optional rules that would make this viable while taking in the key tax points.
Whether you're a seasoned entrepreneur or a new owner of a startup, we've all heard our fair share of financial advice. What's the best one you've had so far?
