Financial Advice

Introduction What is maternity pay? Maternity pay is the financial support offered by the government to the to be mums. There is a difference in the way government supports an employee or a self employed individual. This is due to the fact that employees have more statutory rights towards their employer as opposed to a … Maternity pay allowance guide for self-employed

Introduction  Making Tax Digital (MTD) for Income Tax represents a significant shift in the way taxpayers record and submit their tax information to HM Revenue & Customs (HMRC). This initiative is part of a broader digital transformation to make tax administration more effective, efficient, and easier for taxpayers through a fully digital tax system. In … Making Tax Digital for Income Tax: What You Need to Know Now

What is a share in a company? In financial terms a share represents a part or portion that you own in a company. In order to become a shareholder, capital is exchanged by the investors in return for ownership/share in the company. The number of shares you hold directly affects the percentage of ownership you … Types of Shares: A Comprehensive Guide

This blog post will explore what exactly crowdfunding is, how it works, and its advantages and disadvantages. So, if you’re interested in learning more about this exciting field, keep reading! What is Crowdfunding Crowdfunding is a popular financing method that enables individuals, start-ups, and small businesses to raise funds for their projects by seeking contributions … What is Crowdfunding?

When a business is facing financial difficulties, several different options and processes can be pursued to resolve the situation. Insolvency, liquidation, bankruptcy, and administration are commonly used in this context, but it can be challenging to understand the differences between them.  This blog will explain these terms clearly and concisely and help you understand the … The difference: insolvency, liquidation, bankruptcy & administration

In this blog, we will explore the meaning of business creditors and debtors in more detail, their roles in a company’s financial operations, and their impact on a business’s overall financial health. Creditor vs debtor: The difference Creditors and debtors are terms used to describe the relationship between a business and its lenders or borrowers. … Business Creditors vs Debtors explained

If you own a UK property and are considering upgrading your heating system, now is the time to do so. The government has implemented a boiler upgrade scheme encouraging you to opt for low-carbon heating systems.

National Insurance is mandatory in the UK; it pays for certain benefits and the state pension. Whether you are employed or self-employed, our guide will give you the ins and outs What is National Insurance? National Insurance Contribution is a tax on earnings paid by employees and employers. Whether you have a job or are … Guide to National Insurance

Running more than one business is entirely possible as a sole trader. But with so much to consider, you might need a little help. We’ve put together this blog to discuss everything about running multiple businesses in the UK – from taxation to allowances What is a Sole Trader?  Being a sole trader means you … What I Should Know As A Sole Trader Opening Multiple Businesses