New research shows that 47% of UK adults are thinking about taking on a second job. The survey evidence from Comparethemarket.com suggests that people are looking for an additional source of income to help them cope with the rising cost of living. The trend...
We take a look at trivial benefits and how they affect limited company directors. A good way to explain trivial benefits is to think of them as small one-off gifts that are given to staff. As well as brightening your employee’s day, the gifts are allowable expenses...
We’ve put together this handy guide to explain what tax relief you can receive when you gift employees, clients and charities this festive season. You may want to thank your employees for their hard work, throw a virtual staff party or give a gift to a client. It’s...
We’ve put together this handy guide to explain the different rules and responsibilities around running your own business, so you understand which route is best for you. When to make the decision? A lot of entrepreneurs continue to be employed at a PAYE job whilst...
What is a VAT return? As a VAT-registered business, you’re responsible for collecting VAT on your sales and paying it across to HMRC. If you use the Standard Rate scheme, you’re able to reclaim the VAT you pay on your allowable business expenses. With the Standard...
