Talking about your plans for what you leave in your Will should mean fewer squabbles and less resentment.

More than ever, cashflow is a vital part of staying afloat, whether your business is in recovery or growth mode.

When you dispose of a business, you want to do this in a way that maximises your return and keeps you as tax efficient as possible.

A ‘grant of representation’ is the generic term for the legal order issued by the probate court in the estate of a deceased person.

Running a business will always mean incurring certain expenses, or spend. There are always costs overheads and supplier bills that mount up

The purpose of a business is to make money, and that means you must know the difference between profit and cashflow.

Having a Lasting Power of Attorney (LPA) in place is one of the most sensible decisions you can make in your lifetime. 

Getting your head around the basics of bookkeeping, accounting and good financial practice may not come naturally to all business owners.

If you want to stabilise your finances and grow the business, working to strict budgets becomes a necessity.

A lasting power of attorney is a legal document through which you authorise a chosen person to make certain decisions on your behalf.

These soaring costs mean higher expenditure and lower margins on your products and/or services if left unchecked.

Turning a profit is at the heart of running any successful company. But should profits be the only financial focus?

Accidents and illness can affect your ability to make your own decisions. Which is way we recommend everyone plans ahead.

The key goal of a business is to make enough sales, at a big enough margin, to generate profit. But how does profit differ from cash flow?

When you’re a company director, it’s not just your business taxes that you need to be on top of.

Probate typically takes 9-12 months to complete. However, it can sometimes take longer if, for example there is property to sell.

Self-Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. 

When you’re self-employed, you’re responsible for paying tax and National Insurance on your income.

The term probate refers to a legal document that is sometimes needed to deal with someone's assets after they have died.

You must keep records of all business income and expenses to work out your profit for your tax return.