London Accountants at Cavendish Square

Tax Agility – your dedicated London Accountants at Cavendish Square When it comes to navigating the complicated world of tax, a local London business needs someone who understands them. Located in the heart of central London, just a stone’s throw from Oxford Circus at 17 Cavendish Square, Tax Agility is London’s local accountants, providing specific, professional advice for new…

Small businesses VAT services

Small businesses VAT services As a small or medium sized business (SME) owner, navigating through the VAT scheme by yourself can be baffling and you may inadvertently over or under pay your VAT. This is why at Tax Agility we have a suite of VAT Services designed to suit your small to medium sized business. We can: Advice on the best VAT strategy for your business Provide VAT registration…

Sole Trader or Limited Company: Choosing one that best suits your business needs

When you are ready to launch your business, one of the first key decisions is choosing a business structure that suits you best. Choosing to run your business as a sole proprietorship or as a limited company depends largely on the type of business you run, how you want to run it, and your aspirations when it comes to growing your business. The business structure that you choose can determine:…

Summary of government support available

We highlight some guidance and advice the government has for employers and self-employed individuals. At TaxAgility, we continue with business as usual, although operating remotely until further notice. We are contactable by email at taxsupport@taxagility.com or on our landline 0208 780 2349. The government has announced numerous measures in the past week and has now updated their guidance…

Helping small businesses during this COVID-19 pandemic

The UK government has announced measures to support companies affected by the Coronavirus COVID-19 pandemic, learn what the measures are and how you can get assistance. Many countries in the world have announced drastic stimulus measures to keep companies afloat and help people stay employed. In the UK, the government has also announced a string of measures. Quite a few of these announcements are…

How to value your small business

Find out how to value your small business with the help of our small business accountants. There are many reasons why a small business owner may wish to know the true monetary value of their business. Among them, putting a business up for sale, attracting investors and valuing shares for tax purposes are the three most common reasons. In London, opportunities abound when it comes to selling…

Incorporating a limited company

Choosing to set-up a limited company is a popular choice in the UK. This post explains what is a limited company and shares how it can maximise your take-home pay, along with other advantages and disadvantages. If the time has come and you are considering setting up a business, chances are, you have been made aware of the different types of company structure in the UK. It is even possible that…

The Enterprise Management Incentive scheme

The Enterprise Management Incentive scheme (EMI) is a government initiative introduced in 2000 to offer a tax-advantaged share option for both potential and existing employees. This scheme effectively allows companies to offer equity to their staff, either as a way of motivating or retaining them or as a way for cash-tight start-ups to attract high-calibre employees. While there is a number of…

Challenges faced by start-ups in Central London

While London may have cultivated a reputation for being Europe’s foremost start-up hub, the statistics for business survival rates are less than encouraging. According to data from the Financial Times, as of late 2017, only 50.1% of new companies in London lasted beyond three years. Add this to the fact that 2018 marked the first time small business growth numbers in the UK saw a deficit since…

Business Rates – Celebrations for small business owners?

Does George Osborne's budget announcement come with reason to celebrate for small business owners? Well, don't make a gin and tonic. For around 600,000 small business, there maybe a temptation to raise a glass to Mr. Osbourne, no matter how unpalatable that may seem for some, when their zero rated business rates kick-in next year, but just make sure it’s not a Gin & Tonic. This news, the…