The 2009-10 tax year finished on 5 April 2010 and if you’re particularly organized, you might have not only received your self assessment tax return in the post, but you could have completed the online variation and received the figure of the amount of tax due for the last financial year. Now, if you’ve kept an eye on your earnings throughout the past 12 months, chances are the figure shown [...]

With the 2009/2010 tax year coming to an end on April 5, if you own a small business in the UK it is likely that you’ll already have had on your doormat a letter from HMRC asking you to complete a self-assessment tax return. If not, don’t worry, it will (unfortunately) be on its way. Whether this is your first or fifteenth year of completing a self-assessment tax return, unless you are extremely [...]

LLCs are a popular legal business form for small businesses. Discover what LLCs are, and what their advantages and disadvantages as a business model are. What is an LLC? LLC stands for “limited liability company.” LLCs have become the legal business structure of choice for many small business owners, because they combine some of the advantages of various other legal business forms. Pros [...]