A new start up business- what profits are taxed?

August 30, 2017 | by Sian Kelly | No comments

An unincorporated business pays tax on what is known as the `current year basis’. This means that, as a general rule, the profits for a tax year are taxed by reference to the profits for the 12 months to the accounting date that ends in that tax year.

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Starting a successful business

March 11, 2016 | by Sian Kelly | No comments

For any new start-up business, the statistics are ever such a little bit daunting. Most start-up businesses ultimately fall by the wayside, with more than half of start-ups (in the UK, at least) failing within the first five years. 

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