In the UK, businesses must register for Value Added Tax when the value of its taxable supplies exceeds the registration threshold. This figure is currently set at £83,000 per annum for the 2016/17 tax year. Even if a company doesn’t…
In the UK, businesses must register for Value Added Tax when the value of its taxable supplies exceeds the registration threshold. This figure is currently set at £83,000 per annum for the 2016/17 tax year. Even if a company doesn’t…
Many employers facing tightened budgets may feel that the office Christmas party is not a high priority this year. However, it can be an ideal way of letting your workers know they are valued and also give them an opportunity…
Tax returns submitted late or with errors will incur a whole range of financial penalties from the HMRC. The process can be a stressful one for business owners and the self-employed, with numerous factors to consider before the form is…
Outsourcing is used by companies to fulfill areas of their workload by employing outside agencies or individuals. The potential benefits are extremely attractive if a mutually favourable relationship ensues, although some outsourcing dealings have proven to bring mixed results. In…
For those with little business experience, understanding business jargon can get a little confusing. Picture the scene, you are going in to the bank to ask for a loan for your newly formed business. They start firing questions at you,…