Can a Sole Trader Have Employees?
Wondering can a sole trader have employees? The quick answer is yes. But it is not practised on common grounds....
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Can I Pay Taxes With Credit Card?
Wondering can I pay taxes with credit card? The quick answer is no, not with the personal credit card, but...
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What is Automatic Enrolment for Employees?
Millions of employees are now automatically enrolled in a workplace pension scheme through a government initiative known as automatic enrolment...
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Benefits in Kind: An Overview
Many people, including self-employed persons and employers, might not be aware of the troublesome rules of benefits of kind. Sometimes...
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What is Cash Flow Forecast? A Guide for Small Business
If your business has a healthy cash flow, it has more chances to grow. On the flip side, if it...
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How Long Does a Tax Investigation Take?
You may trigger a tax investigation from HMRC if you don't pay taxes on time, there's a significant error in...
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Why Choose a Chartered Financial Planner?
If you need an expert advisor on financial and investment advice, estate planning matters or retirement planning, you need to...
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What is a Creditor and What is a Debtor?
Wondering what is a creditor, and what is a debtor? You may have come across these terms a lot of...
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Is There Stamp Duty On Commercial Property?
Want to buy a commercial property? Wondering is there a stamp duty on commercial property? The quick answer is yes,...
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Employer Payment Summary (EPS): When to Submit?
If you are a UK-employer running PAYE for your payroll, you are bound to do certain tasks every month. Along...
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How to Pay Tax on Savings Interest?
If you are keeping some money aside for your retirement, emergency or to buy a house, you are liable to...
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What is Chart of Accounts (COA)? A Basic Guide
Tracking the incomings and outgoings of a business can be trouble, but it is crucial to get a deep insight...
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What is a Limited Liability Partnership? A Basic Guide
If you want to establish a company, you need to decide what type of company you need to register as...
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What Is Return on Investment or ROI? A Basic Guide
Before making an investment, you need to look at the returns you're likely to make on it. Will you get...
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What is an Annual Return? How to File it?
If you are a registered company owner or a director in the UK, you are obliged to submit an Annual...
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Things to Consider when Buying a Car Through Limited Company
Considering buying a car through a limited company? At first, it may seem an appealing idea for saving a great...
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PAYE vs Umbrella Company: What’s the Difference?
During the Covid crises, or even after the post-pandemic, where many businesses are struggling hard to sustain and revive. Some...
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How Do Uber Drivers Pay Taxes in the UK?
Whether you are already working as an Uber driver or you are planning to be one, bear in mind that...
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What is Bookkeeping and Why Does it Matter?
No matter you are a freelancer, small business or a large enterprise, there is a common thing among all. They...
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How to do Accounts for Self Employed? A Basic Guide
As a self-employed or sole trader, you need to set up your accounts and keep track of your income and...
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What are Limited Company Dividends and How are they Taxed?
Limited company dividends are the amount of money/profit that a limited company pays to its shareholders. The amount of money...
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