The VAT Flat Rate scheme is available to businesses with turnover up to £150,000 per annum. It is advantageous to small businesses as the VAT payable to HMRC is calculated as a percentage of gross sales rather than 20% of net sales less 20&…
Payroll is easy isn't it? There is plenty of software out there that you can use to run your payroll which will tell you how much to pay your employees. So why do employers still get their employees' pay wrong and don't no…
Many employers give their employees a gift at Christmas. If you are one of those generous employers have you considered whether there are any tax implications for the employee on the gift you give?
Businesses are generally started by enthusiastic entrepreneurs who either want to create something which can grow and has value or create a work/life balance for themselves. Whichever it is there are lots of things the business owner needs …