Most workers look forward to using their annual leave for a well earned break. However staff holidays have to be thoughtfully balanced with ensuring business needs are still successfully met. Especially if you see fluctuations in your revenue at various times of the year, that correspond with staff annual leave, say summer holidays or Christmas. Here we take a look at the regulations and considerations...
You will be used to being asked to write a review for new products you have tried. More often than not, consumers will be motivated to write a review if their experience has either been extremely good, or extremely bad. But this is exactly why it’s worth writing a review of your most trusted businesses and services. Why Review Your Favourite Businesses Good reviews are...
Unbelievably Christmas is only 80 days away. The festive season is a time to celebrate your year’s success and give back to your dedicated workforce. It’s common to gift a staff bonus, in the form of a cash payment added to their wages. However, did you know that there is a more cost effective way to treat your staff this Christmas? This is how to...
Income tax is collected by the government, from your personal income, to pay for public services including but not limited to education, welfare and the NHS. Most personal income is subject to tax including earnings from employment, self-employment, some benefits and pensions, rental income and returns from savings and investments, over certain thresholds. Why do we Pay Income Tax? Income tax is one of the...
We offer fresh accounting for your landscape gardening business. We understand that accounting will often be the last thing on your mind after a hard day’s work. That’s why we offer simple, smart, custom accounting solutions for landscape gardening businesses of every scale. Accounting for Your Landscape Gardening Business We understand the tools of the trade for every burgeoning landscape gardening business. Prestige Business Management...
Payroll / PAYE for start-ups is an essential function within every business. Payroll is the process that matches workers with their wages. If payroll gets off track, things can go very wrong very quickly. So you definitely want to avoid errors within payroll / PAYE for start-ups whenever possible. Payroll / PAYE for Start-Ups Avoiding errors within your business payroll helps you to retain trust...
National Insurance Contributions (NICs) are a type of tax paid upon earnings for employees and the self-employed. NICs are the UK’s second largest tax revenue source, after Income Tax. NICs are only paid by those who earn over the tax threshold annually. What are NICs? The majority of revenue from NICs is generated by employer contributions. Followed by employee contributions. Class 2 and 4 NICs...
If you are self-employed your business model is likely to be fairly straight forward. Your clients hire you, they agree to a contract and the rate you charge for your services, you invoice for the work you have completed and your client pays. So far so simple. But how do you increase your freelance business value? How to Increase Your Freelance Business Value There are...
Small and Medium sized Enterprises (SMEs) are a central part of the UK economy. SMEs play an important role in communities and collectively employ a sizeable workforce. It is essential that SME owners pay as much attention to tax planning as larger corporations. Here we explore SME tax planning. SME Tax Planning Prestige Business Management delivers specialist accounting for small to medium enterprises. Our dedicated...
Our specialist accounting for business coaches helps those in the industry reach their full potential. We understand the unique challenges that face business coaches and how to fully support your professional ambitions with targeted accounting services. Specialist Accounting for Business Coaches Your success relies on the time and headspace you have to dedicate to supporting your clients. That’s why we provide specialist accounting for business...