If you are a limited company director, you are liable to pay both employers’ and employees’ National Insurance Contributions on any salaries you pay above the current threshold.
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Remote working has in the recent past gained momentum among employers, more so for the benefits, it gives to a business. Besides reducing office expenses, it allows the employer to engage the right people regardless of where they are. However, these people can easily become demotivated because they work with all the distractions that come with working from home.
[continue reading…]If the current situation has taught us one thing, it’s that businesses can no longer afford not to think online-first. While many large organisations are struggling to weather the storm, small businesses are facing the same problems with the additional challenge of limited resources – both in terms of finances and people.
[continue reading…]Given the number of potential misfortunes a typical limited company owner may encounter during the lifetime of a business, it will come as little surprise that insurance companies can provide dozens of different types of policy to cover pretty much any eventuality.
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April is the time when many businesses will take stock of the year just gone, whilst planning for the quarters ahead, however, the impact caused by the coronavirus (COVID-19) pandemic may loom heavily over these plans. Many businesses are attempting to balance outgoings and ensure cashflow remains intact for the next few months, which, for many, could bring a downturn in income. To mitigate the deepening economic and social impact, the UK Government has introduced a package of support to help both employers and employees through the crisis.
[continue reading…]Readers question: How do I pay myself as an employee of my limited company?
Many of us have been compelled to change the way we work and move our meetings, presentations, sales pitches etc. to an online setting. This takes some getting used to as I have found. In the process of moving online, I have learned some valuable lessons as I have conducted meetings and coaching online. Here, Simon Day from Toastmaster International will share how small businesses can communicate with impact online.
[continue reading…]We made the decision to get our whole team working remotely well ahead of the Government’s advice to take this step. We called a morning meeting on 10th March and had transitioned to remote working by the time everyone left that day.
[continue reading…]Planning and implementing an SEO campaign can seem like a challenging undertaking. Fortunately, with the right tools and advice from SEO experts, your website can reach the top of Google’s search results pages.
[continue reading…]When starting his first business, a friend told me how he decided to use his personal bank account for all of his business transactions. This included the income he generated from his clients, along with all business expenses.
[continue reading…]To succeed in today’s market, a business needs a strong online presence in order to develop and grow. Gone are the days where yellow pages were everything and paying to get yourself listed on the front page meant you’re already ahead of your competition. Nowadays, you can get overtaken by a business that invested half of what you did in marketing, simply because they’ve got better SEO practices.
[continue reading…]Moving people to remote working can be stressful at the best of times. COVID-19 adds an extra dimension. For this reason, it is very important that business owners consider the impact on the mental wellbeing of their team as they adjust to the necessary changes.
[continue reading…]You may be just getting started with your business and need the right skills to help it grow. Or, maybe you have seed funding and need to scale your team quickly?
[continue reading…]It is, unfortunately, the case that IR35, Public and Private Sector off-payroll rules are something of a minefield. It’s a complex area of tax law so it is not surprising that contractors and freelancers get confused and struggle to understand all the implications.
[continue reading…]There are several crucial aspects and documents for a business to operate smoothly and remain solvent. One of the essential files for your enterprise is an invoice.
[continue reading…]With the sudden increase of people being laid off in the UK, as well as many workers not expecting a full wage, more people than ever will be looking to supplement their income through their own efforts.
[continue reading…]Starting your own business and taking the plunge can be daunting, but help is here. With this setup plan, you will feel equipped and ready to take your idea to the next level. From market research to financing your business, this guide contains six key points to help you start your own business.
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Due to these circumstances our planet has found itself in, a lot of changes are being made in all spheres of life. Many countries are currently on lockdown in order to flatten the curve and stop COVID-19 from spreading. The measures that are being taken are various and each government is dealing with it in its own way.
[continue reading…]Readers questions: I have a limited company and I am the only person who works for the company and I am the only director. Will I get the government grant for COVID-19 as self-employed?
[continue reading…]Readers questions: I am the owner of my Limited company and at the same time I am the only employee of the company. At this moment I am pregnant and I may stop working soon. I do not know what will happen if I stop working and where to go from here. Any advice?
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