What is Gross Pay and How to Calculate it?
When it comes to paychecks, you need to know what is gross pay. The gross pay is the advertised amount used by the companies to
Accounting, Tax & Business Blogs
Explore expert accounting, tax, bookkeeping, and business advice from across the UK. Get practical tips, financial insights, and the latest updates to help you manage your finances and grow your business.
New Lower SDLT Residential Threshold
Back in July 2020, the residential stamp duty land tax threshold in England and Northern Ireland was increased to £500,000 to help stimulate the property
Relief for Losses in the Early Years of a Trade
It is not uncommon to realise a loss in the early years of a trade. However, traders who commenced their self-employment in 2019 or 2020
Tax Relief on Loans to Close Companies
Family and personal companies are often ‘close’ companies. Broadly, this is one that is controlled by five or fewer shareholders or any number of shareholders
Termination Payments and Class 1A National Insurance
As the Coronavirus Job Retention Scheme comes to an end, employers with employees who are still on furlough will need to decide whether they are
Claim Tax Relief for Additional Costs of Working From Home
During the Covid-19 pandemic, the advice was ‘work from home if you can’. As a result, millions of employees found themselves working at home, often
What is Asset Finance and How does Asset Finance Work?
If you are new to finance, you might be confused by the term “asset finance”. Though this jargon seems complex, but it’s quite simple. Let’s
Take dividends while you can
For personal and family companies, a tax efficient strategy for extracting profits is to take a small salary and to extract any further funds needed
We were Nominated as a Top Price Comparison Company in London by BestStartup.co.uk
We are super excited to announce that we were nominated as one of the best London-based price comparison websites by BestStarup.co.uk. An Introduction to BestStartup.co.uk
Tax Relief For Research And Development Costs
Often the companies that are working in the field of Science and Technology for some Innovative Projects are Offered Research and Development Reliefs Support. Research
Buying A Car Through Your Limited Company?
Multiple tax considerations are to be taken into account before you decide to buy the car through your limited company. This guide will help you
Statutory Sick Pay (SSP) and COVID-19
The employer is liable to pay £96.35 every week to an employee who is too sick to work. The extent of sick leave is up
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