Category: Small Business
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Tax changes taking effect from April 2026
Tax changes taking effect from April 2026 include increases to dividend tax, the introduction of MTD for self-employed individuals and landlords with annal income over £50,000
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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.
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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.
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Do I need to pay tax on my side hustle?
Taxing your side hustle income With HMRC extending its tax-grabbing tentacles, it’s essential to know when income from a side hustle becomes taxable. You may need to pay tax on your side hustle if your combined taxable income exceeds the annual tax-free personal allowance of £12,570. For most people, taxable income consists of their salary,…
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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…
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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.
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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.
