What are business rates? A guide for small businesses
What are business rates? Business rates are one of the UK’s oldest taxes; its origins can be traced back to the Poor Law of 1601. Business rates can be roughly defined as the tax paid for …
What is a sole trader? A small business guide
As well as the exciting stuff like naming your business and finding new customers, you also need to make sure you stay on the right side of the taxman and the law, and part of this is picking …
Mileage allowance in the UK – what is it and how does it work?
So, if your employee drives 70 miles you can figure out their mileage allowance using this equation: 70 x 0.45 = 31.5. What should my employees know about mileage allowance?
A guide to Statutory Sick Pay for employers - Small Business UK
Aug 4, 2022 · When SSP becomes payable on the fourth day, your employee can receive up to £99.35 per week for up to 28 weeks, which should be paid on the same schedule as their …
What is the VAT threshold? - Small Business UK
Jun 17, 2024 · Name: Current rate: Description and examples: Standard: 20%: The standard rate of VAT is the default rate - this is the rate that's charged on most goods and services in the UK …
7 advantages of being a sole trader - Small Business UK
IPSE’s director of policy, Andy Chamberlain, told Small Business: “If you operate as a sole trader, it’s a bit more straightforward than a limited company.You work and get paid as an individual – …
150 UK small business grants to apply for right now
Sep 13, 2024 · Business grants England 25. Mobile Boost Scheme. Connecting Devon and Somerset’s (CDS) Mobile Boost Scheme, has been designed to help small businesses and …
6 examples of sole traders - Small Business UK
Ross Mitchell, who trains personal trainers for PT training company Future Fit, says: “I always advise people to get their Level 3 because after that, the sky’s the limit.”. As well as doing this …
What are the best business bank accounts in the UK? - Small …
Dec 12, 2024 · Edit; Bank Features Pricing; ANNA: Smart invoicing, automatically chase outstanding payments: Pay-as-you-go tariff means you just pay per transaction such as 20p …
Compare business bank accounts - Small Business UK
Your company’s specific banking needs will determine the best business bank account for you, because each bank offers different features. Take the time to compare them all to discover …