Category: Small Business

  • How the autumn budget impacts individuals

    How the autumn budget impacts individuals

    Discover how Rachel Reeves’ autumn budget will impact your personal tax and finances. From frozen tax thresholds to tax increases on interest, dividends and property income, learn how the budget may impact the money in your pocket.

  • How to do payroll calculations

    How to do payroll calculations

    Running a payroll and unsure of the calculations behind the software? Learn about the basic payroll deductions and national insurance calculations to help make sure your payroll figures are accurate.

  • Do I need to pay tax on my side hustle?

    Do I need to pay tax on my side hustle?

    Tax on your side hustle income Do I need to pay tax on my side hustle? With HMRC extending its tax-grabbing tentacles, it’s essential to know when you need to pay tax on your side hustle income. You may need to pay tax on your side hustle if your combined taxable income exceeds the annual…

  • What is the difference between sales and net profit?

    What is the difference between sales and net profit?

    Why understanding the difference between sales and net profit is vital for your business On average 60% of UK business start-ups fail within the first 3 years. One of the biggest contributing factors to failure is running out of cash. You may have heard a business owner waxing lyrical about their business profits only for…

  • UK staff cost calculations

    UK staff cost calculations

    As a small business owner it is vital to understand the full UK staff cost calculations when recruiting a new employee.

  • Employer national insurance from April 2025

    Employer national insurance from April 2025

    From April 2025 there are significant changes to the rates that UK companies pay employer’s national insurance, potentially increasing staff costs substantially.