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4 Ways to Fund your New Startup

Posted on by Murray & Lamb

Getting the necessary funding for your business startup can seem like an elusive and complex task at times. Once you have an idea, getting it going depends on the availability of funds. However, the world of pitching, business plans and startup funding is something that few startup entrepreneurs will be familiar with which can make … Continue reading

8 Important Steps To Starting Your Own Charity

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If you have a cause you are really passionate about and want to make a difference, you may be considering starting your own charity. Charities play a valuable part in the lives and well-being of countless people and towards the progression of social causes. However, forming a charity isn’t a simple process and there are … Continue reading

“Making Tax Digital” Explained

Posted on by Murray & Lamb

In March 2015, the government announced an initiative to try and make tax returns simpler and more in line with modern business procedures – this scheme is called ‘Making Tax Digital’. The initiative aims to eventually do away with filing annual paper tax returns in favour of a more frequently updated digital tax system. The … Continue reading

How to Expand With Capital Injection

Posted on by Murray & Lamb

Entrepreneurs and business owners should know that expansion is an integral part of the success of a business. Strong growth and expansion mean you can consistently progress and keep up with the competition, providing additional, and improved, products and services to increasing numbers of customers. For many reasons, businesses may not have the finances available … Continue reading

How to Give Your New Business a Head Start

Posted on by Murray & Lamb

Starting up a business is an exciting and monumental occasion but, particularly if you’ve never done it before, can feel like you’re walking into the unknown. With so many new experiences and challenges to deal with, it can be difficult to know where will benefit most from the focus of your energies. Utilising our experience … Continue reading

What does an Accountant do?

Posted on by Murray & Lamb

What does an accountant do?  Everyone knows accountants work with numbers and deal with finances, but the role can be a lot more varied than most people expect. An accountant can be incredibly useful, giving you trustworthy guidance to help your business become more efficient, providing you with strategic advice and saving you money. In … Continue reading

How is your tax spent?

Posted on by Murray & Lamb

Often, individuals can feel frustrated by taxes because although they clearly see the figure coming out of their income, they don’t directly see the benefits of it being spent. In recent years, the government has tried to combat this dissatisfaction by sending out information on the breakdown of the tax you pay. However, more could … Continue reading

Self Assessment Tax Returns: A Guide

Posted on by Murray & Lamb

Self assessment tax returns are necessary for anyone who receives income which is not taxed ‘at source’. ‘At source’ taxing is where tax you owe is taken directly from your income before you receive payment, for example a salary from an employer under the PAYE system. Filling in the paperwork which a self assessment tax … Continue reading

5 Ways To Make Your Business More Tax Efficient

Posted on by Murray & Lamb

Paying tax is an important aspect of business but can often be a time-consuming process. However, it is worth knowing that good tax planning can be a way to save you money and increase efficiency in your business. An accountancy service, such as that provided by Murray & Lamb, can aid you in handling your … Continue reading

Personal Allowance Explained

Posted on by Murray & Lamb

The vast majority of UK taxpayers are entitled to a personal allowance. However, not everyone is aware of what this is, or how it applies to them. This article shall explain what the personal allowance is, its variations and why you get it. What is it? Personal allowance is the amount of income an individual … Continue reading