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What is VAT?
If you’ve ever glanced at a receipt or an invoice, chances are you’ve noticed VAT listed somewhere. But what does VAT stand for, and why do we pay VAT?
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How to launch a startup with minimal capital
Lack of capital is one of the major reasons why startups fail. Some entrepreneurs theorise that raising capital can be a full-time six-month job for CEOs and this leaves bootstrapped startups with very few resources to operate and grow their business in the early stages.
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Small Business Grants for 2024
Funding from grants can be an incredibly useful asset for small businesses, and it's a vote of confidence for your business and its purpose.
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The Flat Rate VAT Scheme Explained
If you are a business owner in the UK, you might be familiar with the concept of Value Added Tax (VAT). VAT is a tax on the value added to goods and services, as a business owner, you are required to register for VAT if your taxable turnover exceeds a certain threshold. While […]
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What are Inflation, Recession, and Interest Rates?
You may feel as if terms like ‘inflation’, ‘recession’ and ‘interest rates’ have been saturated in the UK media. This is due to the fluctuating state of the UK economy due to various factors such as recovery from the COVID-19 pandemic, the Russia-Ukraine war and other international affairs. However, what do these terms mean? Our […]