Legally speaking, sole traders aren’t required to set up a business bank account. As no other party is involved, you and your company are essentially treated as one entity. Business matters can therefore be merged into a personal account. However,…
Legally speaking, sole traders aren’t required to set up a business bank account. As no other party is involved, you and your company are essentially treated as one entity. Business matters can therefore be merged into a personal account. However,…
Automatic enrolment into the workplace pension scheme has been in motion since 2008 and by next year, every employer in the UK must fulfil their obligations. Whatever sector you’re in, as long as you employ at least one person, contributions…
With nearly 5 million workers classified as self-employed in the UK, there’s never been more people starting their own business or going freelance. However, a growing fear is that not enough of them have planned sufficiently for retirement. This is…
Ever watched Dragon’s Den and been confused as to what they’re talking about? Gross profits, patent protection, equity stakes, and so on. Although seemingly complex, many of these financial terms are relatively simple to understand once you’re accustomed to them….
In a time of austerity and increased uncertainty post-Brexit, pensions are unlikely to stay exempt from cuts for long. This was something addressed by Chancellor Philip Hammond in his Autumn statement, noting that although the state pension would continue to…