For those who are new to web development and who may be looking to create their own website for a small UK business, you may be wondering how much a website costs in the UK. With a fear of exorbitant hosting fees and complex coding languages, it is no surprise that many inexperienced website owners may feel overwhelmed by all the ins and outs of the process. Fortunately, though, creating a website in the UK need not be costly or complicated. By taking some time up-front to consider how much you’re willing or able to spend on your website as well as planning ahead for its development, you will ..read more

Self-assessment tax bills can be overwhelming and if you’re struggling to pay, it’s important to know your options so that you avoid fines or other legal issues. The UK government has put in place various measures through HMRC to help taxpayers who are facing financial difficulties. Here we’ll be discussing what to do if you’re struggling to pay your self-assessment tax bill, including the options available to you such as an HMRC payment plan or getting advice from a tax accountant. Why do People Struggle to Pay Self-Assessment Taxes? There are various reasons that you may struggle to pay your ..read more

When running a successful business, it can be difficult to do everything yourself. Outsourcing certain processes has several advantages, such as cost savings and the ability to stay competitive. By considering leveraging the advantages of outsourcing certain parts of your business to freelancers or other businesses, you might just benefit from this strategy. Weighing the pros and cons of outsourcing is essential in determining whether it’s a wise move for your business. Outsourcing can bring numerous advantages to your company, from new skills and opportunities to necessary legislation complia ..read more

With many property investors looking elsewhere as residential buy-to-let becomes less attractive, Gary Hemming of ABC Finance takes a closer look at the merits of investing in commercial property investment. Get a breakdown on whether it’s a good investment, what you should be looking for in a potential investment and how to fund these properties in 2023. Why are investors turning their backs on residential buy-to-let? There are a number of reasons why buy-to-let (BTL) investment has become less attractive in recent years. As property prices have been increasing, yields have been reducing and ..read more

According to Bloomberg PR, many of the businesses which make it are actually founded by more than one person and support the adage that two heads are often better than one! After all, with some of the biggest companies in the world (Google, Microsoft and Apple) starting up with more than one founder, more and more entrepreneurs have seen first hand what could be gained from joining forces with another like-minded entrepreneur and are choosing to use this to their advantage. Let’s look at some successful partnership business examples. Successful partnership examples Here we list ten successful ..read more

By Amanda Salt, Vice President, Small & Medium Enterprises, UK Card Services at American Express Running a small business can be highly rewarding but at times can be tough, especially given the uncertainty of the current economic climate. External pressures only add to the challenges that come with being a small business owner and can build up, affecting both their professional and personal lives. So, it’s no surprise that UK small business leaders recognise the important role that breaks, and downtime play in building business success and establishing a healthy work-life balance. New res ..read more

P60s are important documents used to summarise an employee’s tax information at the end of the tax year. In this guide, we’ll look at the P60 meaning in more detail to explain everything employers need to know including; The deadline for issuing P60s What the P60 must include Who needs to be issued a P60 How long do P60s need to be kept for How to update the information on a P60   It is an employer’s responsibility to provide accurate information to their employees regarding their contributions and payments received, therefore it’s important that if you employ staff you understand P60s ..read more

Carmel (UK) Ltd has placed itself within the UK’s top 50 mechanical and electrical companies, offering an extensive array of proficiency within the managed building services. Carmel Solutions (Co) Ltd operates under the Carmel Group banner and it operates in various aspects such as fit-out arm for small construction ventures. Another element of the Carmel Group is Carmel MEP Consulting which extends specialist mechanical, electrical, and public health (MEP) project solutions. Merging these three entities under one flagship, Carmel extends strong assurance to their clients that they will be ful ..read more

AI marketing represents a powerful tool for businesses of any size and industry. Its basics involve using AI-based tools to understand customer behaviour, automate processes, personalise marketing campaigns and optimise content. By leveraging AI technology, organisations can collect enriched user data to gain greater insights into their audience’s wants and needs, allowing marketing teams to develop strategies that are more tailored towards their target demographic while minimising the time and resources spent on manual tasks. With Chat GPT and other AI technology hot topics right now, th ..read more

In the UK, company cars and mileage reimbursement policies are common employee benefits and can prove to be an important means of conducting business. Understanding how mileage rates for company cars work is therefore vital for both employers and employees. While it may seem like a lot to wrap your head around, following procedure and logging detailed employee milage records can help you to stay on top of your company’s milage payouts. In this article, we will take a look at what mileage rates are, how they work, how they are calculated and the most effective ways to keep track of them. What A ..read more