Some employers like to give a bonus as recognition of a good job done and forget to take into consideration that it is taxable income. A bonus, whether paid in cash or electronically is earnings as you are giving your employee payment in appreciation…
If you are making an income on your own by selling a product or a service and you have not registered as a limited company you are a sole trader. A sole trader runs their own business and therefore is self employed and, as a self employed person,
Some accountants now offer bookkeeping services alongside accountancy and other compliance services. A one stop shop for all your accounts needs. But is this the best solution for your business?
April is the start of the new tax year for many businesses and if you are considering changing how you keep your accounts the start of your new financial year is the best time to do it.
All workers are entitled to paid holiday which begins to build up as soon as they start their employment. This includes casual workers who may work one day a week or are on a zero hours contract and only work when needed or when they want to.