Are you aware of the implications of providing a mobile phone to your employee or reimbursing them for their mobile phone costs? It could cost you, and them, more than you think.
For instance:
Bookkeeping is defined as "the recording of all financial transactions". Sounds simple but if that was the case why is bookkeeping a career with qualifications ranging from Level 2 to Level 4?
The financial…
As a sole trader or self-employed person you won't have to pay tax on your earnings until 31 January the year after your first accounting period ends. Finding out how much tax you will have to pay when you first tax return is submitted …
If you employ someone in your business or in your home as a carer and they are not self-employed or paid through an agency you have certain responsibilities.
Here are seven of the steps you need to take to meet your respo…