In this article, we consider how having an accurate and up-to-date cash flow forecast in place for your eCommerce business can positively impact the financial success of your business. What is Cash Flow Forecasting? How does it differ for an eCommerce business? A cash...
Unless you are trading in the UK only with an income of less than £85,000 and are NOT dropshipping from an overseas supplier, then you will need to consider how to account for VAT on your Shopify sales. What is Shopify VAT? VAT is a tax that is levied on the sale of...
In this article, we’ll look at some of the key things to consider when looking at whether to appoint an accountant for your limited company. What is a Limited Company Accountant And Why Does My Business Need One? In short, do I need an accountant? An accountant...
If you’re an eCommerce business owner looking to build your own brand, there’s a good chance that you’ll have created your own website to do so. There are many different platforms on which you can build the website for your business and many...
Income Tax Thresholds All personal thresholds relating to income tax, national insurance and inheritance tax are frozen until April 2028, with the exception of the additional rate threshold which decreases from £150,000 to £125,140 from April 2023. Higher earners will...
Last week’s mini-budget was heralded as a growth plan with tax cuts across the board, although in the most part the cuts were either the cancellation of recent increases or the bringing forward of already announced cuts. The Health and Social Care Levy The...