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News & Blog

IQ Business Consulting - Whatever happened to tax simplification?
What happened to tax simplification?

You might think it is very unusual for a practice accountant to be making this point – after all lots of our business is helping individuals, partnerships and companies to complete their tax returns. A lot of this work would disappear if the government was successful in their stated intentions to simplify tax. But is it getting ridiculous?

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IQ Business Consulting - Is this the right time to start a business
When should I start a business?

Starting your own business can seem like an overwhelming idea. Many people are afraid to turn their dreams into reality feeling like they lack motivation, discipline, knowledge, and guidance to succeed. Running your own business comes with a number of responsibilities you will need to fulfil, and risks that need to be managed.

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IQ Business Consulting - A Guide to Self Assessment
A Guide to Self Assessment

Running your own business comes with a number of advantages including potential tax benefits, limited liability status if you have a company and most importantly, the sense of control and freedom when it comes to managing your finances, time and space. However, you also need to fulfil your responsibilities to HM Revenue & Customs and Companies House.

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