Late payments continue to be a massive issue for small UK businesses, but there are steps you can take to get paid on time.
Continue reading “How To Get Paid On Time”Business Is An Infinite Game
Business is an infinite game same as life. So what does your response to the coronavirus say about your mindset? Are you a finite or infinite business player?
Continue reading “Business Is An Infinite Game”Are You Eligible For Marriage Allowance?
Are you eligible for Marriage Allowance? Transferring part of your personal tax free allowance to your husband, wife or civil partner could reduce their annual tax bill by up to £250.
Continue reading “Are You Eligible For Marriage Allowance?”Is Modern Mindfulness A Corporate Scam?
Some critics have taken to using the term “McMindfulness” to describe the enthusiasm with which modern mindfulness has been embraced by big corporations like Google and Amazon. You can even find mindfulness tips on the NHS website. So is modern mindfulness a corporate scam or not?
Continue reading “Is Modern Mindfulness A Corporate Scam?”Gratitude Is Good For You And Your Business
Do you see the glass as half empty or half full? Chances are you’ll view life the same way. A number of scientific studies are suggesting that an optimistic attitude of gratitude is good for you and your business –
Continue reading “Gratitude Is Good For You And Your Business”Work-life Balance Requires Balanced Books
Work-life balance requires balanced books. Hire an accounting professional and you’ll have time to focus on your business and enjoy life more.
Continue reading “Work-life Balance Requires Balanced Books”Self Assessment Tax Return 2018-19
If you received untaxed income (e.g. self employed earnings or rental income from property) between 6 April 2018 and 5 April 2019 you’ll need to file a Self Assessment Tax Return. The deadline for online filing of your 2018-19 Tax Return is Midnight 31 January 2020. The same deadline applies for paying any tax you owe for that period.
Continue reading “Self Assessment Tax Return 2018-19”Dealing With Health-related Absenteeism
Dealing with health-related absenteeism is a tough problem for the small-business owner. On the one hand there is a need to be sensitive to your employee’s unfortunate situation. On the other hand there is work to be done and you may need to recruit and pay someone else to step in for them during their period of incapacity.
Continue reading “Dealing With Health-related Absenteeism”Auto Enrolment Contribution Levels Are Increasing
If you’re an employer you’re legally obliged to enroll/re-enroll all eligible employees into a workplace pension scheme. You must ensure that the minimum pension contributions for employer and employees are being paid on time. Auto Enrolment minimum contribution levels are increasing in April 2019.
Continue reading “Auto Enrolment Contribution Levels Are Increasing”What Is Making Tax Digital?
Making Tax Digital (MTD) is part of the Government’s plan to make the UK tax system “more effective, more efficient, easier for taxpayers to get their tax right”. The main points to note are:
Continue reading “What Is Making Tax Digital?”