On 23rd November the Chancellor, Philip Hammond, delivered his first (and last) Autumn Statement. We provide you with our summary of the most important announcements for small business.
Economic growth forecasts have been revised down from 2.1% to 1.4% in 2017 following the Brexit vote.
The Chancellor has re-iterated the intention to reduce Corporation Tax to […]Continue reading ›
As some will know the intention behind Crunchers is to use the accounting process to improve the lives of business owners, providing insights and support in achieving their goals for their business and their lives.
Crunchers Head Office in Cornwall has been busy this year with an important new software to empower business owners – Goal Driver.
The […]Continue reading ›
Our customers want and need things. Clothes, food, video production, accountancy services, plumbing done. Mostly they don’t want to think about how they fulfil these needs, they want an easy life. So they look around and hopefully they find your business to provide them with what they want. They become your customer.
In theory this […]Continue reading ›
We are delighted Crunchers South London is the first accounting practice in the country to be awarded the Fair Tax Mark.
We join FTSE listed companies such as SSE Plc and Go-Ahead Group in a growing list of companies taking a stand against aggressive tax avoidance.
The Fair Tax Mark is an independent accreditation process that assesses […]Continue reading ›
Our last blog on Pensions Auto-Enrolment was back in May 2015. For most of our clients the date from which they much Auto-Enrol is sometime in 2017. This is still a way away but it is something that needs to be planned and therefore we feel it is time to bring into focus again.
Our last […]Continue reading ›
Britain has voted to leave the EU with far reaching implications for UK business. In this report we attempt to distil what this means for the small business community we represent. A more complete and in depth version of what follows may be found as a link at the end of this article.
One certain outcome of […]Continue reading ›
Hopefully you are enjoying being in business. Hopefully the sun is shining and you are making hay. In which case this article may not relate to you, but it is not uncommon for small business owners to experience stress, upset and get worn down.
As Michael Gerber pointed out so elegantly in the E-Myth, a business […]Continue reading ›
Following this month’s Budget we give our highlights from the point of view of small business.
Corporation Tax – the Chancellor announced a reduction in Corporation Tax to 17% by 2020. This is obviously welcome to anyone paying Corporation Tax and interestingly moves the goalposts once again regarding tax when considering trading through a Ltd […]Continue reading ›
With the approach of the tax year end it is worth considering the following areas regards tax planning. In particular this year, Company Directors are advised to consider the new Dividend Tax which will come into effect in April:
From April 2016 the new dividend tax comes into effect with the 10% tax credit abolished […]Continue reading ›
With the new tax rules on dividend in sight (Apr 2016 – see Budget Review) we take a look at how the landscape has changed in deciding whether to trade through a Ltd Co not.
Until the Chancellor’s announcement in July the decision on whether to incorporate one’s business or not had been simplified by one powerful […]