Understanding Trivial Benefits for Employees

Understanding Trivial Benefits for Employees

As an employer, it’s important to know when you need to pay tax on benefits you provide to your employees. Fortunately, there are instances where certain small gifts or perks fall under the “trivial benefits” rule, meaning no tax or National Insurance needs to...
Choosing Your Business Structure

Choosing Your Business Structure

What’s Best for Your Business Choosing your business structure is one of the most important decisions you’ll make as a business owner. It affects your tax, your legal exposure, the paperwork you’ll have to deal with, and how you can grow. This guide will help you...
Payroll Errors: How to Avoid Them

Payroll Errors: How to Avoid Them

Running a small business is no easy task. From managing staff to keeping customers happy, your to-do list is never-ending. Payroll might feel like just another admin chore, but recent research shows that getting it wrong can be costly. According to Simply Business, a...