The Latest news from Turner Little
Your intellectual property (IP) is one of your business’ most unique assets. Turner Little explains the importance of IP for UK companies. Why is IP important? IP refers to “creations of the mind” e.g. logos, designs, recipes etc. which are
On 1st April 2016, the government’s National Living Wage Policy came into effect. Employers are now obliged to pay staff over the age of 25 a minimum salary of £7.20 per hour. Turner Little looks into the what the policy
Increasingly, Britons are using the internet to research companies before they purchase goods and services. An effective website is essential in order to stand out from the competition and showcase your products and services. Turner Little discuss how to create
The duties of a limited company director are many and varied and include a number of compulsory financial tasks such as filling your businesses annual tax returns and corporation tax payments. You may wish to hire an expert to handle
UK Chancellor George Osborne announced the government’s 2016 Budget last week and revealed a major shakeup to business rates, the tax paid on UK business properties. Turner Little considers how this policy change could benefit UK small to medium sized
UK Chancellor George Osborne delivered the government’s 2016 Budget on Wednesday 16th March 2016. Prior to this speech, Bdaily questioned prominent Yorkshire companies, including Turner Little, on what the Budget could have meant for businesses in the region. Devolution and
Recently released statistics suggest that UK taxpayers saved millions of pounds in inheritance tax relief between 2014 and 2015. Tax exemptions Under UK law, the beneficiaries of an estate (money, possessions etc.) are required to pay inheritance tax if the
If you’re thinking about creating your own firm, the type of business you choose to set up is important. Should you operate as a sole trader or form a limited company? Turner Little looks at the pros and cons of
Turner Little are often asked by clients whether they should form a limited company or a limited liability partnership (“LLP”). Inevitable the answer we give depends upon a clients present circumstances as well as his aims for the future. Either
On 6th April 2016, major reforms to the way dividends used by UK small business owners to pay themselves are taxed will come into effect. Turner Little explains how the new reforms to dividend tax, could affect UK small to
As our global client base has continued to grow steadily in 2015, Turner Little have decided to expand our operations and open new branches in London and Sheffield. International expansion Turner Little have operated from offices based in York Business
If you run a business which trades for profit, you’re legally obligated to pay taxes to the government. But the taxes you pay depend on the type and size of company you operate, leading Turner Little to discuss; what taxes
Evidence has shown Turner Little that the UK small business finance market is on the road to recovery, as net lending to smaller companies has grown significantly in 2015. The second Small Business Finance Markets report from the state-owned economic
If you form a limited company in the UK, you’re required to pay corporation tax to the government. Here Turner Little discusses the following question; how much is corporation tax for small businesses? What is corporation tax paid on? The
Turner Little has learned that UK digital business expansion outpaced growth rates for the rest of the country’s economy last year. Digital economy A government report, published in December 2015, shows that the UK has developed one of the most
A recent report from BM Magazine has revealed to Turner Little that cyber-thieves have attempted to hack into HM Revenue and Customs’ (HMRC) website in order to steal £100 million from UK tax payers. Hacking attempts Under UK law, taxpayers
In this article Turner Little outlines the responsibilities of a company director. Legislation detailed in the Companies Act 2006 lays out the legal requirements of a company director in the UK. If these requirements aren’t fulfilled, your business could be
Turner Little explains how VAT affects a business. VAT is a tax the government requires the majority of suppliers to charge consumers on their products. Registering for VAT UK business’ whose annual turnover exceeds a certain threshold (£82,000 at present) are
Turner Little investigates the news that number of self-employed people in the UK continued to soar, according to a new study. Self-employment UK self-employment reached a new height in the three months to October 2015. Figures from the Office for
Turner Little discusses the breaking news that Google has reached a major UK tax deal with HM Revenue and Customs (HMRC). Google’s tax Google has long been accused of using complex tax structures to avoid “paying its fair share of