Small Business Advice

Introduction When a company offers a loan to its employees, it’s important to understand the tax implications that come with it. These loans can range from getting paid early to helping to buy necessary items like train tickets for commuting. With the help of Pearl Accountants, one of the top accountants in London, we’ll go … Employee Loan Taxation Guide

What is a Dividend? As per HMRC “A dividend is a payment a company can make to shareholders if it has made a profit”. Dividend is not a business cost and therefore not allowable as a deduction against company’s taxable profits. What are the conditions in UK Law for Paying Dividends? The directors are appointed … A guide to understanding illegal dividends

What is VAT Value Added Tax (VAT) is the tax that we pay on the purchase of goods or services. It is applied at each stage of a supply chain. The standard rate of VAT in the UK is 20%. There are different VAT rates in each EU member state. How does a VAT refund … A guide for UK businesses to claim VAT refunds in EU countries.

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

Small businesses play a vital role in the UK economy, driving growth and innovation and providing employment opportunities. However, in recent years, small businesses have faced significant challenges, including the impact of the pandemic. To support these businesses and the UK’s economic recovery, the government has extended its support through the Small Business Rates Relief … Small business rates relief 2022/23

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

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