Letter Before Action | LawBite

February 7, 2018
Letter Before Action LawBite Legal advice

Do you have a claim you want to pursue? Have you suffered loss through someone’s negligence or breach of contract? Are you owed a debt? You may wish to issue court proceedings to resolve this issue. However, there are preliminary steps that you should address first. And the principle step is a letter of claim. The Civil Procedure Rules and Pre Actio...

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5 tips for managing your business finances | Experian guest blog

July 20, 2017

With these 5 tips, you can take the stress out of managing your business finances all year round, from forecasting and budgeting through to balancing your accounts.

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Claiming expenses at Christmas

December 17, 2015
piggy bank, money, money box

Knowing what expenses you can and can’t claim can be confusing at the best of times, let alone around December when the party and present season kicks in.

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Choosing the right Accountant for your Business

August 3, 2015
Working, Office work, work, computer

Choosing an accountant for your start up or small business is an important decision. In this post we will shorlist some of the most important things you should consider

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Crunch insight: What expenses can I claim?

June 2, 2015
crunch, divide symbol, plus symbol, minus symbol, multiply symbol

“What expenses can I claim?” is something every business owner will ask themselves at least once. Claiming expenses is important to any business – both sole trade and limited company – as it actively lowers your taxable income and increases your take home pay.

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2015, The Beginning of the New Funding Era

March 16, 2015
project, coins, finance, central

New funding options have become the most commonly used methods in today’s startup and SME scenario. This article explains the most relevant ones and their differences.

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Will HMRC Accept Scanned Receipts?

March 9, 2015
Receipts, QR code, box of receipts, expesnses

Is it neccesary to keep all receipts in order to claim tax relief for HRMC? This post clarifies which methods HRMC will accept apart from the physical receipt.

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Protecting Your Business With Lasting Power Of Attorney

January 20, 2015
contract, signature, agreement, legal document

As a business owner you’ll know that running a successful business takes up so much of your time that it can become all-consuming. And, when everything is going so well, why should you spend time thinking about the worst case scenario?

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Structuring Your New Business – What You Need To Know

December 8, 2014
Sole trader, limited company, decision, fork in the road, businessman

One of the key points before you start your own business is which business structure are you going to use: Sole Trader, LLP or Limited Company. Emily Coltman from FreeAgent explains the key differences to get your business structure right.

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An APR By Any Other Name…

November 13, 2014
dice, percentage, risk, chance, probability

When we think of finance – commercial or personal – the first thing that comes to mind is cost, of course. However, there are upfront fees, completion fees, payment frequencies, variable rates and payment periods to confuse us. To solve this problem, financial gurus developed the concept of the APR – or annual percentage rate. The concept was first used to compare long-term mortgages and has remained a part of the lending world ever since.

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Demystifying The Idea Of Company ‘Shares’

October 27, 2014
chart, shares, stock, graph

Whether you are looking to establish a new company with business partners, raise finance by way of offering shares in your company or invest in an existing company, people often talk about having a “share” or “shares” in a company – what does this mean?

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5 Tips For Better Credit Control For Your Small Business

October 20, 2014

As a business owner you need to make sure that you have enough cash coming in to pay your staff and meet your bills. Not everyone pays promptly which is why it’s crucial to have a system for managing, chasing and finally collecting your invoices each month. We’ve put together 5 simple tips to help ensure your business doesn’t become an insolvency statistic due to late payments.

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Online/Cloud-based Accountancy for Small Businesses

June 17, 2014

Online/cloud-based accounting software is considered by many to be the way that the accounting industry is heading because it enables businesses to keep a constant eye on their company’s financial position without having to install costly and bulky software directly on to their computers.

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