Floods are the most common natural disaster in the UK, and flooding is a major risk of business interruption to firms of all sizes. Don’t think of flooding as something that happens to other people. If you’re not prepared, even a small flood could utterly sink your business. It’s important that you conduct adequate flooding…
In many ways, an office insurance policy does exactly what it says on the tin: It covers your office and its contents for many situations that could compromise your staff, your business, your customers and your clients. But many different things could go wrong in an office environment. So really, there’s no such thing as…
IR35 is a set of tax rules that has been around for over twenty years. They were put in place to stop people paying less tax and National Insurance Contributions than they should. The rules for IR35 changed at the start of the 2021 tax year and have been adjusted since. But what is IR35,…
It is international Women’s Day and we should be looking for people and things to celebrate. We should also be highlighting inconsistencies in opportunities, like – funding for women’s startups. Do just one thing? Support more women to start and grow new businesses! Mike Jenkins, CBE The British Business Bank reports annually on the small…
Are insurance premiums subject to VAT? Do you have to pay VAT on your insurance? Short answer: You almost never have to pay VAT on insurance. But sometimes you do. Sort of. In this post we’ll explain the law concerning VAT and insurance, and explain when you do and do not have to pay VAT…
Have you ever thought about setting up your own business? For some of these home business ideas, you’ll need specialist equipment, and possibly additional training and qualifications. But for many of these businesses, all you’ll need is a laptop, a smartphone, and a lot of dedication. In this post we’ll list numerous ideas for businesses…
Invoice fraud or scams are when someone poses as your supplier or customer and sends you an invoice or bill requesting a payment. This type of cyber crime is also known as mandate fraud. A Common Scenario You get an invoice or email from one of your suppliers saying that they have changed their bank…
As a business owner, you’ve undoubtedly heard the term “company assets” thrown around in discussions about your business operations, responsibilities, and financial health. But what exactly does it mean? In this post, we’ll delve into the concept of company assets, explore the various types, and discuss why it’s crucial for businesses to be fully aware…
This blog gives you the basics on minimum pay and parental leave changes with links to where you can find more from HMRC. Don’t get caught out with changes to National Living and Minimum Wage rates! National Living and Minimum Wage rates are increasing on 1 April 2024. The National Living Wage is extended to…
Yoga and Pilates Instructors are wellbeing professionals. You want to maintain the highest professional standards so that your students keep coming back. Your customers can have different levels of fitness and ability when they start and may develop at different rates. Your skill at helping them achieve their goals safely is the reason they come….