Business & Accounting Advice

Energy costs continue to be a major pressure point for many UK businesses. But for manufacturers, especially those with high electricity usage, the impact can

Business owners spend a lot of time talking about growth, sales, strategy and performance. Carefully choosing the highlights for social media posts. What we talk

It’s a question we hear a lot. A business owner sets up a limited company, starts thinking about tax efficiency… and then hears: “Just pay

If you’ve recently received a letter from Companies House about identity verification (or your personal code), you’re not alone – and importantly, there’s usually no cause for

What Are Growth Shares? Growth shares are a special class of shares that only gain value if your company grows beyond a certain point (called

When business owners think about growth, most picture more leads, more sales, and more marketing spend. But here’s the truth:The fastest and cheapest way to

We’ll walk you through the essentials of expense management for sole traders in 2025.

Reward your team the smart way – without unwanted tax surprises At Vibrant Accountancy, we believe in celebrating success – and that includes treating your

From 16th June 2025, if you use GoCardless to collect payments, there’s a key update coming your way: your payout schedule will automatically switch from

Family Investment Companies (FICs) are becoming an increasingly popular tool for families and business owners who want to preserve wealth, grow their assets tax-efficiently, and

Family Investment Companies (FICs) are becoming increasingly popular among business owners and families looking for smart ways to manage wealth, plan for the future, and

As the tax year end approaches, now is the perfect time to review your finances and ensure you’re taking advantage of every opportunity available. Proactive

Numbers matter. As accountants, we’re the first to say it—financial figures tell a vital story. Yet, for small business owners, true success lies beyond the

How to fall in love with your chuffing business! Running a business is often compared to a rollercoaster: thrilling highs, challenging lows, and a lot

So, you’ve taken the plunge and decided to start your own business. Exciting times! But now you’re faced with one of your first big decisions—how

So, you’ve been running your business as a sole trader, and now you’re thinking about making the switch to a limited company. Maybe your profits

Sold a Property That’s Not Your Main Home? Here’s What You Need to Do…

Managing your Self-Assessment tax return and payments can feel overwhelming, especially when trying to navigate the HMRC portal. If you’ve ever felt like logging into

If your business income has dipped below the current threshold of £88,000, you might be considering deregistering for VAT in the UK. While this can

As we approach the much-anticipated October budget, small business owners across the UK are bracing for potential IHT, CGT and BADR changes that could have

A budget for long-term growth, was this just hot-air or did it really ring true for business owners? Jeremy’s opening comments of wanting to showcase

As April approaches, it’s time to prepare for the upcoming changes in the national minimum wage. Starting from 1st April, the national minimum wage is

Welcome to the delightful tale of Rose and her charming artisan bakery. This isn’t just a story about baking delicious bread, cakes, and pies –

A question we often get asked by our businesses who have set up alone and wondering when they need to take on their first hire,

Running a small business can often feel like a juggling act—balancing clients, managing finances, keeping up with the admin, and somewhere in between, trying to

Did you know that setting SMART Business Goals for your business is like charting a course for a ship? But not just any goals –

Introduction In the realm of business success and team management, few books have made as significant an impact as Gino Wickman’s “Traction.” This influential work

Introduction For small business owners, growth and success are not just about hard work and luck. Jim Collins, in his acclaimed book “Good to Great,”

Welcome to our new opportunity for businesses in Derby! The Vibrant Community Growth Programme, spearheaded by Vibrant Accountancy, is more than just a support scheme;

Employing family members can offer numerous advantages and challenges for your business. When it comes to business, the idea of bringing family into the fold

Understanding business expenses and how they relate to VAT can be confusing. Let’s break it down in simple terms, focusing on simplifying VAT and Disbursements

Introduction: Business entertainment is a vital tool for forging and nurturing relationships with clients and prospects. However, the tax implications surrounding this practice are often

When a member of staff clocks up an employment milestone, you want to show your appreciation for all their hard work. Giving them extra benefits

At Vibrant Accountancy, we take pride in offering cutting-edge solutions that cater to the unique financial needs of small and medium-sized businesses across the UK.

Whether you’re applying for government subsidies, taking out a business loan or seeking investor support, you need to be able to demonstrate your ongoing viability

As a leading accountancy firm serving businesses across the UK, and as a small business ourselves, we understand the unique challenges that small and medium-sized

Being able to run a business from a laptop is an amazing thing. But it does mean that you spend a LOT of time sitting

When your income is solely from employment, the tax landscape seems quite straightforward. However, throw into the mix dividends, self-employment, or property rental income, and

HMRC closed their VAT Registration Hotline as of 22 May 2023, leaving businesses that have a VAT registration query without a direct HMRC team to

Retention of the right employees is key to any business, so what can we do to help incentivise staff without breaking the bank? By offering

With only a week and a bit before the tax year draws to a close, it’s important to think about your own personal tax situation

Be brave and have confidence in your decision-making, is the advice of a leading business expert and owner of an award-winning accountancy company.   Bev

Earning Over £100k and Navigating the 60% Tax Rate: A Comprehensive Guide Navigating the tax system can be quite challenging for those earning over £100k,

This year had its pits and peaks. Grab a pen – and a moment – to reflect on your highs, your lows, and where you

So you’ve got the Christmas party plans all wrapped up and whilst it’s a wee bit early to think about the arrival of Old Saint

Streamline Your PAYE Payments with Direct Debit: A Guide to HMRC’s Direct Debit System Managing your business tax account can be a daunting task, especially

They flagged there were going to be tough actions, even cited ‘throwing the kitchen sink’ at this budget this morning. I asked for a kind

We may have whiplash from the violent u-turns that are taking place, but we wanted to have a place which summarised what from the mini

I was honoured to host one of the Marketing Derby Spotlight Panels today.  The topic was on Weathering the Storm: Mitigating the impact of energy

As a small business owner(*), did you know that you actually have a choice regarding the information on display for your end-of-year company accounts? Without going into

Now is the perfect time to take stock, review processes and systems to ensure you are in the best possible position going forward.  We have

I’m no economist and whilst none of us can forecast if Kwasi’s gamble on growth will pay off, I’m biased as a business owner that

Yesterday, the Government announced ahead of the Emergency Budget this morning, that National Insurance will be cut by 1.25 % for employers, employees and the

We have some exciting news! HMRC have announced that from the 3rd October 2022 (previously hoped 19th September 2022), employers can now pay PAYE via

Should I Hold My Investment Property in a Limited Company or Personally? (2025 Update) Simple answer is… it depends. Updated for 2025, this guide breaks

At Vibrant Accountancy, we genuinely care about supporting our clients in their goals. Given the raising cost prices, we wanted to find a solution to

Whilst I’m waiting (as everyone is at the minute) for my electric car to arrive… I thought it would be useful to put pen to

THE UPS AND DOWNS OF SPRING STATEMENT 2022 Well Spring has sprung, and Rishi Sunak delivered his Spring Statement on Wednesday 23 March 2022. Maybe

Looking at identifying the best split of salary and dividends from a tax perspective: select the best title that applies to you? Sole director/employee of

Spring is officially here. The daffodils have sprung, the nights are getting lighter and Derbyshire was blessed with a big dose of glorious sunshine last

With only one more month before the close of the tax year, March is the month to ensure that you have all your ducks in

What is IR35? IR35 is a ‘look through’ provision.  It asks a hypothetical question: “if the limited company (or other intermediate) did not exist, would

One of the most important aspects when making an R&D Tax Relief claim is timeframes. Not only are there strict deadlines, but depending on your

February has sprung upon us already! If you’ve set them, how are you progressing with your New Years Resolutions? It might be time to sit

With the growing popularity of crypto currencies, some businesses have started to accept crypto payments. In simple terms, cryptocurrency is a form of digital money.

HAPPY NEW YEAR! From all of us here at Vibrant – We wish you a prosperous and healthy 2022! Maybe the last few years has

TAX DOESN’T HAVE TO BE TAXING Welcome to our monthly newsletter. This month we’re focusing on Christmas and some tax planning opportunities, plus updating you

Boomerang employees are workers who decided to leave their employers and take on a new job elsewhere; only to return to their former employer sometime

We’re holding a webinar tomorrow at 2pm, surrounding some hints and tips for using Xero. If you do your own bookkeeping, check this out, and

We’re still pinching ourselves. On the 21 October we headed down to the big smoke and picked up an award for ‘New Firm of the

We just wanted to bring you an update following the budget today. There were no huge shocks, but some useful things to look out for

So Boris’ announcement of a new Health & Social Care Levy to start from 2023 of 1.25% has a more immediate impact on our National

We know one of the biggest struggles for businesses now is getting access to funding. It is vital for us to be able to help

Earlier this year, you may have seen in the news – or online – talk of a new super duper 130% Capital Allowances deduction intended

The expected rise in corporation tax came, but with some crucial caveats that protect our small businesses, so the 25% corporation tax bill won’t apply

So it won’t be long before the first anniversary arrives when Bounce Back Loans were first made available to businesses.  So what do you need

You don’t have to be an accountant or bookkeeper to understand your numbers, just as you don’t have to be a mechanic to drive a

R&D is a massively underutilised tax relief that many businesses could be benefitting from right now. We’re talking up to 33% of the costs incurred

More money for businesses than you know Even with a little glowing light at the end this unimaginably long tunnel, it does feel like for

So reflecting back, you may remember that Rishi announced the kickstart scheme designed to “kickstart the careers of thousands of young people who could otherwise

This History of Furlough… So, March saw the new word furlough that we all know so well, being put into place to support employers who

COVID-19: An Update Paying for COVID tests for your staff? If you’re thinking about providing a test for your staff and wondering whether these would

FILLING in your self-assessment tax returns needn’t be, well taxing. And, as the Government’s deadline of January 31 to complete and return your self-assessment forms

A DERBY accountancy and business advice company has recruited its fourth new team member in less than 12 months as it goes from strength to

Now is usually the time that Christmas Parties would be booked, you’d be looking over the menu to pick what you’ll be having, sorting out

Three Marketing Derby female entrepreneurs are celebrating Women’s Entrepreneurship Day (19th Nov) by joining forces and working together, demonstrating the strength, resourcefulness and resilience of the

Updated for Rishi announcements 5 November: Here we go again… with the news of us entering Lockdown 2.0, what does it mean for you as

So you may remember that Rishi announced the kickstart scheme designed to “kickstart the careers of thousands of young people who could otherwise be left

Is re-engineering something your business need to do?   We’ve all seen the breweries and distilleries providing hand santiser during the pandemic and the designer

31st July 2020 First key date for your Furlough diary is that your CJRS* claim for the period ending on or before 30th June 2020

At last week’s Marketing Derby Property Zoommit 2020 it kicked off with a survey of attendees along the lines of ‘will life go back to

With yesterday’s horrid news from the high street where thousands of jobs are set to go as major names announced the closure of stores and

Our Bev answered some questions from Derbyshire business owners over on Twitter via AahDoDerbyshire. We thought it would be great to round them all up

What we learnt most from the Marketing Derby Business Live Talks is that our business community and public sector is fully unified on approaching bounce

Flexible Furlough So Friday evening we received further guidance on the flexible furlough (and there were pages of the stuff) so to condense this down

So, you’ve taken the plunge and decided you’re going it alone, you’ve read our first blog here, and want to consider how you may be

‘Office lights will be turned on, windows thrown open, work clothes and school uniforms will be pulled out of the wardrobe, shops and factories will

We’re talking about whether you are ready for the next phase of business as lockdown eases and businesses are given the green light to open

So, you’ve taken the plunge and decided you’re going it alone, and then you realise that you’ve made the first of many decisions. You’re in

We have released our guidance on the quick wins for business owners to ensure you can get cash back into your business. If there’s anything

Every single business owner across the country has been impacted in some way by Covid-19; here at Vibrant we’re trying to provide as much information

Did you read our first frequently asked questions blog last week? If not you can have a read here https://vibrantaccountancy.co.uk/a-run-down-of-the-financial-support-available-during-covid-19/ With the continuous updates we

The past week we’ve been updating our clients and posting on our social media all the updates the government have issued over the week to

Smashing our business objectives six months earlier than planned and bringing on new clients has meant we were able to bring our recruitment plans forward.

We wanted to share the places with you which we are keeping a close eye on for the official information on COVID-19 support for businesses

Too much news, and not sure where to look with COVID-19? We’ve produced a handy little guide with bite size chunks of information to help

The ongoing Covid-19 outbreak is already having a huge impact on small businesses throughout the UK, and we’re all still coming to terms with what

The things you need to know about company vehicles. Did you know? Company car tax is payable based on the list price multiplied by the

If you’re: Putting off speaking to your accountant. Dreading that ghastly tax bill? Wondering whether there is more that could have been done? Then read

As with any purchase in life, a key consideration is cost, the same applies to considering accountancy fees. The fear of being ripped off, not