When you fall ill and cannot work you are entitled to what is called Statutory Sick Pay (SSP). SSP is a social security benefit that is paid by employers to any and all employees who are off sick from work for three consecutive workdays or three non-consecutive workdays or more in an eight week period….
One of the best parts of running a small business It’s always great to see that your business is growing and your turnover for each year is increasing. You must be careful however, once the total turnover over a period of twelve months reaches £82,000 you will need to register for VAT. You’ll also need…
If you have just registered for VAT then you will likely have been requested by HMRC to file a VAT return. Normally these returns are completed every three months but can be monthly if you expect regular VAT rebates or annual if you use the Annual Accounting method for VAT. What is the purpose of…