National Insurance Contributions – or NICs – have been in the headlines in the past few months. And they’re likely to remain a hot topic as the rate paid by employers increases…
Statutory sick pay for directors is something that probably never enters your mind – until you’re ill. But can directors claim Statutory Sick Pay (SSP)? While SSP isn’t always as…
The thought of facing a HMRC tax investigation worries most business owners. But if you have been reporting your financial matters correctly, there’s nothing to fear. Of course, tax investigations…
Trivial benefits are not trivial at all, according to research. Such benefits – which are small, inexpensive perks for employees – have a big impact. According to a survey, 50%…
Employers in the hospitality industry must be aware of new laws on tipping that came into force this month. It means 100% of tips and gratuity must be given to…
If your business sells products then you need to know about stocktaking. Stocktaking is also known as inventory counting. It is the term for keeping track of what you have…
Business grants are one way to secure capital when your small or start-up business needs it most. Unlike loans, they don’t usually need paying back. This helps businesses minimise financial…
Launching a business means making many decisions including understanding the difference between cash basis and traditional accounting. It’s essential to get an understanding of which method is best for you…
To VAT or not to VAT, as Shakespeare never wrote! But there’s matter of VAT on food and drink bubbling away under the surface. And it’s all down to bubble…
Limited companies often appoint one a Company Secretary. It is an important role but there isn’t a legal obligation to appoint one. A limited company registered after 6 April 2008…