HMRC: Friend or Foe to Your Small Business?
When it comes to filing taxes, many people are wary about the HMRC. But just how do small businesses and sole traders perceive HMRC? HMRC Is a Foe According to HMRC’s own research, more than half of small businesses in the UK think its tax investigations are too...
Sole Trader or Limited Company: Which Should You Choose for Your Business?
Starting your own business involves a great deal of planning and consideration. One of the most important decisions you’ll make in your business is how to register it. We look at the benefits and drawbacks of setting up as either a sole trader or limited company, so...
Setting up Your Business: The Advantages of Being a Sole Trader
When it comes to registering your business, you have a big decision to make. Today, we’re looking at the advantages of being a sole trader and what it means for your venture over the long term. Self-employment is on the rise, with more and more individuals deciding to...
What Does an Accountant Do? Processes and Practices
Not sure what exactly an accountant does? We take a comprehensive look at what the job really involves. Ever asked yourself: what does an accountant do? You aren’t alone — it’s a question that’s been asked plenty of times! There is a bit of stigma and misunderstanding...
The Trump Effect: What the Election Means for UK Business
On November 8th, 2016, the world was stunned — our small business accountants from Leeds included. The polls put Hillary Clinton ahead, the experienced statesman with the backing of the people — or so everyone thought. Yet, Donald Trump, the most controversial...
Autumn Statement 2016 Breakdown: The Good, The Bad, The Ugly
Join our tax accountants from Leeds as they take a look at the government’s 2016 Autumn Statement and find out how it affects your small business. On the November 23rd 2016, Chancellor Philip Hammond addressed the nation, offering up the 2016 Autumn Statement....
4 Essential Steps to Setting Up Your Own Dental Practice
Our expert accountants for dentists have worked with countless practices over the years. We’ve seen them grow and flourish from the day they first opened, and all this experience has taught us a few things. We know the pitfalls dentists have faced when opening a...
UK Chartered Accountants Discuss the UK Economy
A recent survey carried out by The Telegraph revealed some interesting information about how accountants around Britain viewed Brexit and the current state of the UK economy. At Russell Smith, our UK chartered accountants have got some pretty strong opinions, too....
