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10 tips for starting a small business that you haven’t heard a thousand times already

Starting your own business is often a learn-as-you-go process. The better the decisions you make early on, the better chance you have for success. If you have an entrepreneurial idea, try these ten tips. 1. Address excuses Countless people dream of becoming entrepreneurs, but they never do. They’re burdened with […]

Article 13: what it means for content creators

Last month, the European Parliament voted in favour of Article 13 (or the European Union Directive on Copyright in the Digital Single Market, to use its full name). EU member states (including the UK) now have two years to implement the rules. What are the changes? These controversial changes require […]

Social media endorsements: guide for influencers

Following on from our blog last year on paid promotions, the Competition and Markets Authority has recently published some detailed guidance for influencers when endorsing a product or service on social media. This is to make it clear to followers when you have been paid, incentivised or rewarded to review […]

The VAT Mini One Stop Shop (“MOSS”)

Digital services within the EU Businesses that supply digital services within the EU are subject to VAT in every member state where they make sales. ‘Digital services’ include most services supplied on websites and online, such as streaming and downloads. Historically, this would require the business to register in multiple countries even […]

Do you need to pay tax on gifts received?

‘Tis the Season for gift giving! But for many influencers, accepting or obtaining gifts from businesses and brands occurs year-round and it can be confusing as to if and what gifts are taxable. To help, we have put together some examples of when gifts would be liable to tax as well […]

Top tips for creative start-ups

Digital and creative start-ups Despite the digital boom in the South East, getting a job in the creative and tech industries can be notoriously difficult which is why an increasing number of intrepid entrepreneurs are taking the decision to start their own business. According to Companies House data, the South […]

Setting your business payment terms

Healthy cash flow is important for any business. Business owners who set clear payment terms with their customers, invoice quickly, and follow up on late payment can avoid the dreaded cash flow crunch. We’ve put together some simple guidelines for setting payment terms that can help you get paid quickly and […]

Getting onto the property ladder – tax incentives

Buying a property is one of the biggest financial commitments an individual will ever make in their lifetime. A minimum deposit of 5% is typically required to secure a mortgage. To get a good mortgage interest rate, however, you’ll often need more than 20% of the home’s value as a […]

Paid promotions on Social Media

The influencer marketing industry is growing rapidly, with many brands looking to work with celebrities and those with a large number of social media followers in order to reach their target audiences. Last year we wrote a warning to Snapchat users about abiding by advertising regulations following a high profile […]

Your guide to ISAs

What is an ISA? An ISA (Individual Savings Account) is a tax-free way to save or invest. An ISA itself is not an investment in its own right; it is a tax wrapper that you place around an investment which in effect shields it from some or all of the […]