Do You Pay VAT on Insurance?
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…
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10+ Businesses You Can Start From Home
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…
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Invoice Fraud – Don’t Pay!
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…
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Unlocking the Value: Understanding Company Assets
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,…
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Minimum Pay and Parental Leave
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…
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Do Yoga and Wellbeing professionals need insurance?
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…
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Principles of GDPR & What Breaches Mean for Business
The General Data Protection Regulation (GDPR) came into effect in 2018. Through outlining certain processes for handling and storing information, it provides a legal framework for organisations to keep personal data safe. The Data Protection Act 2018 is the UK’s…
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Sick Pay & Sick Benefits for Self-Employed
One of the major benefits of being self-employed is the independence it brings. You are your own boss, and you have total freedom over how, when, and where you work. But with all this freedom comes a lot of responsibility….
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How to Become a Life Coach
What Is a Life Coach? A life coach basically supports people to be the best they can. Through lots of advice and plenty of encouragement, life coaches help their clients make key decisions about their personal or professional lives. Can…
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Anti-Money Laundering (AML) in Insurance
As regulated businesses, insurers and insurance brokers must meet certain anti-money laundering (AML) commitments. In this post we’ll take a look at the sort of AML trends that might impact regulated businesses like yours. Artificial Intelligence in Anti-Money Laundering Processes…
