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5 Tips for Better Bookkeeping.

15th March 2022

Running your own business, whether you are a sole trader or a Limited company, is no easy task. Maintaining correct and accurate financial records might seem daunting. It is however an essential part of running the business. HMRC can look at company ... [Continue Reading]

Making Tax Digital for VAT

10th March 2022

MTD Extension From April 22 Making Tax Digital (MTD) will be extended to VAT registered businesses with a taxable turnover below £85,000. This follows MTD being introduced in 2019 for larger businesses. If you are in the standard quarterly VAT ... [Continue Reading]

Merging Your Business

30th November 2021

“If your business is one where merging might be an option, this can make sense and be advantageous...''   As scientists would be quick to confirm, oil and water do not mix. At best they will emulsify creating a treacle that will neither ... [Continue Reading]

Services or Solutions?

17th November 2021

Central Business Services has been our name for nearly 30 years but we are often called “Central Business Solutions”. Why? Possibly because we provide services which help businesses find solutions. Our aim is to help your business thrive and ... [Continue Reading]

Christmas Gifts, Parties & VAT

13th November 2021

With some normality regained and the festive season rapidly approaching, you may be thinking of hosting parties for staff and possibly clients. For loyal customers and generous suppliers gifts may be given to show gratitude after a tough ... [Continue Reading]

Tax Relief

9th September 2021

Sole Trader - Reducing your tax As a Sole Trader, you want to ensure that you are claiming as much as possible to keep your tax bill down. After all, your profits result from your hard work and perseverance. When you work for yourself, the last ... [Continue Reading]

Trivial Benefits

14th August 2021

Trivial Benefits is still one of the most popular topics we get asked about! Let's refresh ourselves with a quick recap about how it works...   What are Trivial Benefits? Trivial Benefits are a perk or token of appreciation. These can be ... [Continue Reading]

Growing Your One-Man Business

8th August 2021

You probably thought that starting your one-man business was hard but moving to the next level is often harder and brings new challenges. This is particularly true if you need to employ someone to help you.   Your current business It is you ... [Continue Reading]

SEISS Fifth Grant

4th August 2021

You can now apply for the 5th Self-Employment Income Support Scheme (SEISS) grant – the final date for making a claim is 30th September 2021. To qualify for the grant, average trading profits must be £50,000 or less and non-trading income cannot ... [Continue Reading]

Super-Deduction

26th May 2021

Reduce your corporation tax bill if you buy assets - Super-Deduction   The government wants to encourage companies to invest in assets to help them expand and improve productivity. In order to do this, they are allowing a 130% ... [Continue Reading]

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