What business structure have you chosen?
BusinessThere are several options for business structure when setting up in business. You could choose:
There are several options for business structure when setting up in business. You could choose:
The Employment Allowance was introduced in April 2014 for employers who pay Employers NIC. It is an allowance which negates the need to pay Employers NIC until the full amount has been claimed.
If the VAT on your purchases exceed the VAT you have charged on your sales during the VAT period your VAT return will show a refund of VAT due from HMRC. If this is an unusual occurrence for your business you may find that HMRC w…
A worker's employment status is not a matter of choice and will be very relevant went it comes to Pension Auto-Enrolment.
If you have employees you will want to know how much more you can pay your employees before you have to pay employer National Insurance Contributions. HMRC have announced the thresholds for 2015-16 which will apply from 6 April 2015.