If you’re a small business owner you may have heard of EIS (Enterprise Investment Scheme), SEIS (Seed Enterprise Investment Scheme), and VCT (Venture Capital Trust) – so what are they, how do they work and can they benefit your business? In this blog we answer all this plus more, to help [...]
Making Tax Digital (MTD) is on it’s way, so now is the time to ensure you understand what’s on the horizon, what you need to do, and how the Vantage Accounting team are ensuring everything is ready. In this blog we take a closer look at what MTD actually is, [...]
Common Accounting Terms Explained If you’re new to running your own business you’ll undoubtedly find yourself exposed to the world of accountancy and finance, and potentially hear new words and phrases. Whilst this can seem daunting, there’s no need to worry! In this blog we look at some of the [...]
As a business owner you may need certain vehicles in order to complete your work, specifically crew cab vehicles. Currently these types of vehicles are classed as vans rather than cars for national insurance and income tax purposes, but over the past few years the crew cab vehicle has been [...]
Your accountant is far from just a number-crunching machine! They have specialist knowledge regarding taxes, expenses, allowances and so much more. In this blog, we’ll outline some of the key questions that you should be asking your accountant to ensure your business is as efficient as possible. Can I make [...]
Since the reversal of Liz Truss’s tax policy changes last month, new PM Rishi Sunak and Chancellor Jeremy Hunt have promised a new statement, concluding that now is the right time to proceed with a package of tax cuts. In today’s statement there was a focus on energy prices & [...]
In this version of our Q&As we ask Lucy Eve, our Client Manager at our Totton branch, 10 questions about Vantage, her career as an accountant, and what she believes the future holds for small business owners. Q1 – As an accountant, what’s the best piece of advice you’d give [...]
Autumn Budget 2021 The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality. Main Budget proposals Tax measures include: a new temporary business rates relief in England for [...]
If you’re considering becoming a Sole Trader you might be wondering what expenses you’re able to claim. In this blog we explore just that, to give you an idea what it’s like to operate as a sole trader, and whether it’s the right business model for you. What is a [...]
If you’re just starting out and looking at which business model would suit you best, one of your options is to operate as a sole trader. But what does being a sole trader actually mean and is it right for you? In this blog we explore just that to help [...]