When looking for finance for your business, you may notice that many lenders ask for personal guarantees before they'll part with any money. If you need extra funding for growth, new equipment or hardware, providing a director's guarantee helps to reassure lenders that they will definitely get their money back should your company be unable to repay the loan.
The 4th annual Hillingdon Business Expo attracted over 100 exhibitors and was attended by more than 1500 visitors from regional businesses and local enterprises. The popular event, which took place on Thu 31st May 2018 at the Brunel University London campus in Uxbridge, was packed with presentations, advice sessions, BBQ networking, prize draws, and demos.
As customs and tax collectors are pre-occupied with finalising Brexit, the roll out of new digital tax system known as “Making Tax Digital” has been delayed by HMRC. Making Tax Digital is a scheme designed to simplify the management of individual and business tax payments. The digitalisation of the yearly tax return hopes to phase out the traditional self-employed tax return scheme.
You might have heard about the increase in the pension contributions and wonder how that will affect your business, or you as an employee. Both employee and employer will pay more into the pension scheme over the coming years, and the responsibilities of the employer will therefore increase as any mistakes will have more serious consequences. For many business owners, these responsibilities are still quite unclear. On this page, we shall outline the upcoming changes, and ways to deal with the increase in contributions.