Search and browse our online articles and tools to help you start and run your small business.
If this is your first time hiring employees, you’ll want to ensure you start off on the right foot – and staff pensions are a big (and legal) priority from the minute you start hiring. As an employer, you’ll need to open a ‘workplace pension’. Who qualifies for this, and how you auto-enrol them can…
Getting customers on board, or working with existing ones on new projects, is always exciting. After all, more business usually helps you grow and build up your reputation (think of reviews, returning customers, an increase in word-of-mouth recommendations, etc). When you’re in the process of securing work, whether you’re dealing with clients new or old,…
Recording transactions accurately is the foundation of good bookkeeping, minimising the risk of skewing your figures and messing up your tax returns. This is why it’s important to know exactly what counts as a transaction and where it should be recorded. We’ll explore what counts as a transaction, along with a few examples. What is…
Pay As You Earn (or PAYE for short) is the process used by employers to collect Income Tax and National Insurance on behalf of HMRC. Employers make tax deductions from the wages they pay to employees, and then pay the deductions to HMRC, but not all employers need to register. Who needs to register for…
Every limited company is different. Some may be run by a board of experienced senior members with (at least) one director, and others are run by one person who takes on the role of the sole shareholder and company director. Whatever the structure, the role of the company’s director doesn’t change – they make sure…
