This is another no-brainer for business owners and company directors. If you are not doing so already, please talk to your Accountants about Trivial Benefit and utilise this tax-free benefit of £300 every company tax year, per director or employee. For a family...
With the furlough scheme winding down and local lockdowns on the increase to try and curb the rising tide of coronavirus, it was almost inevitable the Chancellor would have to step in again. The initial reaction from Chancellor was to cancel the Autumn budget....
What is Relevant life insurance? Companies who are big enough and meet eligibility criteria, can use a registered group scheme to pay for their employees’ life cover. Though these group schemes are tax-efficient for its members, directors of smaller businesses were...
The Bounce Back Loan (BBL) Scheme is a new scheme introduced by the government to help smaller businesses impacted by coronavirus (COVID-19). The scheme was launched on 4th of May. It aims to assist those businesses to borrow between £2,000 up to 25% of a business’...
The business bank account is a place where businesses store, receive and spend money. It is an important aspect of the business as it will be used on a daily basis – so a bank that requires minimal management is essential, as you got to focus on running your business....
