While everyone is aware that making a will is necessary, most people leave it on their ‘to do’ list. Research shows that almost two-thirds of UK adults don’t have a will, which means their estate could go to someone they
Trusts can be confusing, and with so many variations around it’s not easy to work out which you need, or whether you need one at all. The factor that differentiates trusts is the reason for them being set up in
You may assume that SMEs would pay comparably less corporation tax than larger businesses. However, information from accountants Moore Stephens found that they paid more in 2016. The corporation tax paid by SMEs in 2016 was 21.7% while businesses that
It’s important to make the most of limiting potential liability when it comes to your Inheritance Tax (IHT). IHT affects more people than ever, because the threshold has stayed the same since 2010, while house prices have continued to rise.
There are 5.5 million small businesses and start-ups in the UK today, and the appetite for going it alone isn’t slowing down. But sometimes, that ‘Dragon’s Den’ lightbulb moment proves elusive. Does that mean your entrepreneurial dreams should be over?
When you’re starting up a business, and particularly if it’s your first-time, the legalities can be confusing. Your idea may be sound and you have the ambition, but do you know which legal structure you should choose? Everything, from the
Everyone should have a will, especially if you have savings, investments or own your own business or a property. Around 56% of people who die in the UK every year do so without having made a will. Dying without a
At Turner Little, we can help with all the details. From starting a business from scratch to helping you choose financial products. In this blog, we’re looking at how you can trademark and protect your company logo and branding. This
Asset protection planning is about making sure you’re ready should you hit bad times. Limiting creditor access to your valuable assets, while remaining within the debtor/creditor law, is an important part of running a business. Should everyone be concerned with
Choosing a method to finance your business is the most important step you will take. If you’re not sure which way to go, have a look at our handy breakdown of the most common sources of finance. Finance from your
Estate planning is a complicated process, and often misunderstood by people. Many estate planning solicitors take the time to fully inform potential clients about estate planning fundamentals. They also often find that this is necessary for clients who already have
Starting your own business is a big step – it takes bravery to give up a regular wage and take the risk of starting out alone. However, figures show the challenges of starting a business aren’t putting UK entrepreneurs off.
Businesses today must have a strong mobile presence. There’s no escaping the ubiquitous use of smartphones, tablets and other devices, such as smartwatches. Everyone is on a device for at least some of their day, making it a wide-open channel
Self-employed people must ensure they are claiming the maximum allowed tax relief. Taxes come out of profits, and it’s important to deduct various allowances so that you only pay HMRC (HM Revenue & Customs) what is due. However, many newly
Recent research shows that 88% of e-commerce businesses already sell overseas, and 45% see international sales as vital to the future of their business. As overseas trade is so important to many small businesses, Brexit is a major concern. While
Every successful entrepreneur understands the need for productivity. Most start-up owners take a personal approach, using different techniques to get the most out of their time. While maximising personal work time is extremely important, the overall productivity of the business
The government has made a few tax cuts, specifically abolishing Stamp Duty on properties worth up to £300,000. With many opponents to the idea, should Inheritance Tax (IHT) be the next target for cuts? Here are five reasons why we
Lots of small businesses face a degree of seasonality, particularly in tourism and retail. A survey by Wells Fargo/Gallup shows that almost 50% of small business owners report certain times of the year that will be predictably busier or slower
Most people are familiar with the concept of a ‘trust’, but they can be shrouded in mystique. What exactly is a trust, and how do they work? Put simply, a trust is a legal agreement between three separate parties. They
Bitcoin is flying high with the original cryptocurrency soaring in value. It’s close to an all time high and the Treasury’s plans to crackdown on the anonymity surrounding trading hasn’t yet slowed it down. Some EU governments and the UK