An umbrella business, in general, is a firm that hires a temporary worker (also known as an agency worker or contractor) on behalf of an employment agency. The worker's services will subsequently be provided to the agency's

Any loan secured on property that is not your primary residence is referred to as a commercial mortgage. Buy-to-let mortgages are a sort of high-volume commercial mortgage market for a mass market.

If you want

We are frequently questioned if purchasing a car through the company is beneficial. Historically, our response has been "No." It's too complicated, and you'll end up with a large tax bill in your personal capacity." This

The Prime Minister's announcement of a 1.25 percent increase in National Insurance Contributions (NICs) from April 6, 2022, was not entirely unexpected, but the increase appears to be larger than it originally appeared.

Help to Grow: Digital is a new UK-wide initiative aimed at assisting small and medium-sized enterprises (SMEs) in adopting digital technologies that have been shown to boost productivity.

What does the scheme offer?

Making Tax Digital (MTD) regulations changed on April 1, 2021. It's not enough to simply use software to file your VAT return. You must now consider where your data comes from and how it enters your

As it has been throughout the pandemic, the government’s goal is to protect livelihoods and keep people employed. HMRC has played a key role in achieving this, for example, by halting numerous debt collection activities and

According to a report, an average of £1.5 billion is spent on various events and corporate hospitality. In the UK, the size of the event industry itself is about 35%. With these major transactional movements, businesses

New changes in doing business in the UK have come with a Brexit deal in place. Reformation and adaptation are now needed in terms of doing business with the EU. There’s plenty of help available on

The reforms to IR35, also known as off-payroll working started in April 2021 which now apply to the private sector. It has enabled claiming Entrepreneurs’ Relief for businesses in the UK.

With this

Once again, to boost small and medium-sized business health in the UK, the government has availed three new support measures: Help to Grow Scheme, Restart Grant, and Recovery Loan Scheme.

These schemes are

Cryptocurrency has been one of the most hyped topics in the financial market amid the COVID pandemic. Just a few years back, crypto was all about Bitcoin, but now the digital currency market has evolved and

As a self-employed individual, starting a limited company is often a sensible choice for self-employed workers, it will give you a lot of freedom that you require and it will also give you chance to pay

The Self-employed people and members of a partnership that have seen a drop in earnings will be able to claim a final grant from the Self-Employment Income Support Scheme (SEISS) this year. The Government has published

Registering a trademark is one of the most effective and efficient ways you can protect your business’s name, brand, and work. Regarding intellectual property protection, there’s not much that can beat registering a trademark correctly. Many

The UK government has announced a new government-backed loan scheme, aimed at supporting UK businesses as they recover from the economic impact of the COVID-19 pandemic. 

What is the COVID-19 Recovery Loan Scheme?

Mid-year is an adequate time to step back and look carefully at our business practices in order to reduce the likelihood that you will run into cash flow problems in the future. Such practice makes more

If you come across the idea of conducting your work at your own terms and have the freedom of working through contracting services, then you need to understand how to start and what should be your

A business plan defines what you aim to achieve and how you are going to achieve it. The plan identifies the market opportunity, showcases how your business stands out from others and outlines the strategies to

In response to the global pandemic, HMRC has taken temporary flexible measures which have been considered under monthly review. From 10th of October (Saturday), the measure of suspending compulsory strike off action has risen. 

Meaning, HMRC

While reading the news you may come across a lot of stories about businesses being sold. But why do people sell the businesses that they put so much effort into? Well, they do it when they

For any corporation, the amount of funding gets as high as the shareholders of your company start investing by buying shares. As the investment gets higher, you tend to earn more profit and you tend to distribute

As a limited company owner, contributions to pension can bring you and your employees some advantages. Pension contributions can be considered as an allowable business expense also, it can be offset against your company’s corporation tax bill.

The Chancellor, Rishi Sunak has made an announcement on Thursday which states what happens after the furlough scheme expires at the end of this October.

In his announcement, he confirmed a Job Support