Who should be in your work place pension?
Since they were introduced in 2012 more than 88% of those eligible – 19.4 million people – have been automatically enrolled into workplace pensions. Every business that employs staff who meet the criteria should be automatically enrolling workers…
What is inflation?
What is inflation? How does it work? Is it good or bad for business? Inflation has reached record highs recently and has been often mentioned in the news. We are often asked about exactly what it is and…
What interest can you charge on late payments?
What interest can you charge on late payments? From time a customer may pay you late, and you may be ok with that. But when the problem becomes persistent, it can effect your own cash flow and the…
What’s the difference between accounting profit and taxable profit?
Many people don’t realise that there is a difference between accounting profit and taxable profit – and that they are very rarely exactly the same figure. Lots of business owners arrive at their accounting profit – thinking it’s…