As an employer you can pay your employees for mileage incurred when they are using their own car to travel on business. HMRC sets out the rates you can pay without the payment being subject to tax and NI. The approved rate is …
When you start out in business it is difficult to know whether to be a sole trader (self-employed) or a limited company. And many will wonder what the difference is and whether there are advantages of one over the other. A few years ago it was said that it was more tax efficient to be a limited company but these days there really isn't much difference in tax savings between the two. So how do you decide? …
We have been trialling and evaluating software which will integrate with Xero to provide our clients with the key figures they need to know to support them with the development and growth of their business. The software we have looked at has varied in what it can produce and how it looks. …
The recent ruling against Pimlico Plumbers in favour of one of its workers highlights the need for every business owner to understand the rules around employment and self-employment. The worker in question was self-employed but wanted to be paid sick pay when he fell ill and also to be paid holiday pay. …
Having spent several weeks being bombarded by emails relating to GDPR I am beginning to wonder whether anything has actually changed. I received emails telling me I had to opt in, emails telling me I had to opt out and privacy policies from businesses I don't have anything to do with. I know I am not the only one who has had enough of GDPR. Of course we all want to do the right thing for our business and I am sure most small businesses were already protecting sensitive data anyway. …
