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....
WIS Accountancy celebrates it’s 10th year anniversary this year. Started by three friends as a part time venture, WIS grew mainly due to our client support and our dedicated staff. To mark this milestone, we decided to help those who are underprivileged. We organised...
Up till now your company had a staff welfare benefit of £150 per employee, which can be utilized at a staff Christmas party or other company events. There might have been occasions where you thought to gift your employees or throw a small staff function or even buy a...
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