If you provide health insurance the premium you pay is a tax deductible expense, however all the employees and directors who receive this benefit will have to pay tax on the value of the benefit.
I heard an advert recently which said you can save 8 hours a week by using their software. If you are a small business I am sure you will not spend 24+ hours a month doing your accounts.
Anyone in business, whether sole trader, partner or limited company, must register for VAT when their taxable turnover reaches
As an employer you are responsible for ensuring your employees are paid at least the National Minimum Wage. The rates of pay have increased from 6 April 2024 and are shown below.
Some people who are in business have no idea what it costs to run their business on a monthly basis. As a business owner you need to make sure you
