Do you want to be your own boss? But don’t know how to be one? In this short blog, we’re going to share some basic steps to follow to be self-employed. Becoming self-employed will be one of the exciting experiences that you’ll have. You can enjoy the flexibility of working hours, making your own decisions,
How to Become Self Employed? Read More »
Employers who provided taxable expenses and benefits to employees during the 2020/21 tax year will need to report these to HMRC, on form P11D by 6 July 2021, unless the benefit or expense has been payrolled or is included within a PAYE Settlement Agreement. Benefits covered by an exemption do not need to be included.
Reporting Expenses and Benefits for 2020/21 Read More »
As lockdown restrictions are eased, businesses may need help to re-open and to recover from the impact of the pandemic. Depending on the nature of the business, they may be eligible for a Restart Grant or a Recovery Loan. Restart Grants The Restart Grant Scheme provides support to help business that were required to close
Restart Grants and Recovery Loans Read More »
If you’ve decided to start your own business in 2021, that’s great. On the contrary, if you’re yet to set up your small business, we have compiled successful small business ideas in the UK to get started. Despite the Covid-crises, statistics have shown a great number of rises in small business owners since 2020. It
Top 5 Successful small business ideas in UK Read More »
The Employment Allowance is a National Insurance allowance that enables eligible employers to reduce their employers’ (secondary) Class 1 National Insurance bill by up to £4,000. However, not all employers can benefit – there are some important exclusions. Eligible employers To qualify for the Employment Allowance, the employer’s Class 1 National Insurance liabilities for 2020/21
Can you claim the Employment Allowance for 2021/22? Read More »
Want to find out what is internet marketing? Here’s everything you should know about online marketing. Through this way, you can drive a lot of traffic, leads, and sales. It is one of the cost-friendly ways to market or advertise your brand to the masses. No matter what your business size or industry is, this
What is Internet Marketing? Your Guide to Today’s Online Marketing Read More »
Setting up a business is never easy. Along with efforts, there are legal requirements, documentation, finance, and strategic planning that can be challenging, especially if you’re new. It doesn’t mean that it’s something impossible or unachievable, you can easily start your own business if you’re ready for it beforehand. Your time, efforts and courage to
Steps to Start Your Own Business Read More »
There is always a fear of losing money whenever you think of investing it. Who knows that this fear might turn into a great investment in the future. So, don’t hesitate to start investing. In this blog post, we’ll be discussing how to invest money and what is the best way to invest for you.
How to Invest Money: Choosing the Best Way To Invest for You Read More »
Despite successive Governments changing the rules to increase the tax take, the provision of company cars remains one of the more popular benefits an employer can give to an employee. Benefit in kind A director or employee who earns more than £8,500 is charged an amount as a benefit in kind (BIK) if the car
Running a Car on the Company – Benefit In Kind, Car Allowance, Company Fuel Cards Read More »
A partnership can be either an ordinary partnership or a limited liability partnership (LLP); both forms comprise more than two people setting up in business sharing the risks, costs and responsibilities, as well as the profits. One consequence of being a member is that each is liable for the partnership’s debts and obligations. There is
Dissolving a Partnership Read More »
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