Get a £5,000 Innovation Voucher from Invest NI

You could be eligible for a £5,000 voucher to get expert help to do something new. Interested? If yours is a small or medium-sized* business you can apply for an innovation voucher from Invest NI to ‘purchase’ specialist knowledge. This will help you to develop solutions to business issues, or improve or create products, services and … Continued

Do you have a business idea that you would like help to explore?

The Prince’s Trust Explore Enterprise Programme could help… Who is the Enterprise Programme for?  Young people aged 18 to 30 who are unemployed or working less than 16 hours a week, and have a business idea they would like help to explore. How does it work? The programme can offer financial and mentoring support to … Continued

£80,000 business competition for tourism

8 July 2016 BN_outsidephone.png Competition to find innovative technology solutions to boost tourism in Northern Ireland Tourism NI are seeking innovative, real time tourism technology solutions through a £80,000 Small Business Research Initiative (SBRI) competition. The SBRI competition is seeking technology solutions to encourage visitors to explore more, do more and spend more during their … Continued

Gifts and Inheritance Tax

How gifts can reduce your liability for inheritance tax. Inheritance tax (IHT) at 40% is due on the portion of a person’s estate that exceeds £325,000. This can be reduced to 36% if 10% (or more) of the estate is given to charity. Married couples and civil partners can transfer any unused allowance to their … Continued

Audits and Accounts

A guide to keeping accounts and how an audit can benefit your business. An audit is an official inspection of a company or organisation’s accounts by an independent body. A company can choose to be audited in order to prove to its investors or shareholders that its accounts are sound. An external audit should also … Continued

Insider August 2016

New system to challenge business rates outlined A system to allow businesses to check and appeal business rates bills has been announced. The aim is to ensure that disputes are settled more promptly. Currently, over 955,000 appeals have been submitted against rating valuations but less than 2% of business rates appeals proceed to a tribunal … Continued

Sport NI Launches ‘Defibrillators for Sport’ Initiative

The Department for Communities and Sport Northern Ireland have launched a new initiative to provide life-saving defibrillators to sports clubs. The intended purpose is to increase the number of Automated External Defibrillator (AED) devices available in community settings. This initiative supports the Department of Health’s Community Resuscitation Strategy and therefore strengthens the ‘Chain of Survival’ … Continued

Lifetime ISAs

A guide to the Lifetime ISA. Announced by Chancellor George Osborne in Budget 2016 and launching on 6 April 2017, the Lifetime ISA is designed to provide a tax-efficient option for people saving for a first home or retirement. Buying a first home and saving for retirement represent 2 of the most important aspects of … Continued

Extracting profits from your business

A guide to tax-efficient profit extraction for business owners. Owning and running your business is a tough proposition but it is vitally important that people continue to do it. As well as the rewards that come from hard work and determination, there are also monetary benefits to running your own business. There are a variety … Continued

Insider July 2016

Businesses will require software for digital tax accounts Businesses will need to submit their tax and financial information quarterly using software that’s compatible with HMRC’s systems. In a letter to financial secretary to the Treasury David Gauke, Andrew Tyrie, chairman of the Treasury Select Committee, said that submitting records in a “prescribed digital format” would … Continued