Running a business or managing a startup comes with its challenges, but with the right support, staying in control is entirely achievable—especially when it comes to finances. Alongside juggling daily operations, keeping customers happy, and driving growth, managing taxes is a key part of ensuring your business’s success. While missed tax obligations can lead to…
Running a small business is a rewarding journey, but it’s not without its challenges. At times, it can feel like navigating a complex maze, where even your hard work and passion don’t always translate into the financial success you’re aiming for. If you find yourself stuck in a cycle of just breaking even, don’t worry—there’s…
We all know the feeling of dread when you see your payslip and notice just how much of your gross pay disappears before it reaches your account. Paying a high amount in tax can feel frustrating! Although a necessary and universal thing, we understand that many people want to understand how they can possibly decrease…
Starting your business is an exciting journey, but it has its own challenges—the biggest one being financial management. A strong financial plan is essential for ensuring that your startup not only survives but develops. Effective budgeting lets you track your cash flow, reduce risks, and prepare for growth. Contact us now for a free consultation…
Hopefully you have now had time to read and digest the updates of the recent budget. Below, I’ve outlined some suggestions to assist you to ensure you continue to thrive through the upcoming changes: To ensure a strong start in 2025, we recommend reviewing your pricing and ensuring that each product or service contributes positively…
We are pleased to share with you a summary of today’s updates. Income tax Personal tax thresholds will increase in line with inflation from 2028/29 (frozen until then) No change to income tax rates Dividends No changes to the rates of dividend tax, or the tax free amount, which stands at £500 National insurance Employer’s…
Hear from our Managing Director about what sets us apart and how our new as well as existing clients can benefit from BellsFX. …. Looking for a transparent, ethical currency solution? Visit our website or get an appointment with our experts today! 5 Essential Questions with Our Managing Director 1. Why have you have set…
For any established organisation or a small start-up, cash flow and profit are two of the primary areas to understand your business’s health. These are key metrics that are often used interchangeably, but in reality, they represent different aspects of your company’s financial situation. For any company, grasping the concept of cash flow vs profit…
As the Bank of England continues to raise interest rates to combat inflation, businesses across the United Kingdom are grappling with the consequences of these policy decisions. As of mid-2023, the average interest rate on new business loans from banks had spiked from just over 2% in late 2021 to above 6%. From the cost…
Expanding your business requires a lot of financial planning, which could get overwhelming. Many entrepreneurs face the challenge of wanting to grow their ventures or personal savings but are held back due to inefficient financial strategies. We’ll look at practical advice in this article on raising capital for expansion while avoiding financial disaster. “Are you…