In the UK, small companies should start preparing themselves for their upcoming staging dates to comply with the workplace pension laws. And, to help such companies approaching auto enrolment, here are some useful tips. …
The Government came up with an initiative called Auto-enrolment to encourage people save for retirement through a pension scheme at work in the UK.
In the past, employers didn’t offer many workers a pension scheme or workers themselves didn’t join any pension scheme. Regardless of both, it was the workers who didn’t get to enjoy the valuable pension benefits. However, this has changed and under a law introduced in 2012 requires all the employers to offer a workplace scheme and automatically enrol eligible workers into this scheme. …
Is your company involved in developing new products or services? If yes, then your company is entitled to R&D tax reliefs for the costs incurred in developing new products or services. In the year 2000, HMRC introduced this R&D tax credit scheme to encourage innovation on the R&D activities of the UK companies.
VAT is a tax which is usually charged on the selling of goods and services. And, if your business turnover is more than £82,000 in an annual basis, you are required to register for VAT. …
When you run a small company, completing your payroll is one of your important tasks. …
Taxes can be a major issue for the small business owner. If you are a one, these tax saving tips can be very useful to maximise your wealth. …
