Employment

For most entrepreneurs, your business will likely fall under the category of a Small and Medium-sized Enterprise (SME). Let’s explore what qualifies as an SME, why SMEs are so important to the British economy, and what practical steps you can take if you’re planning to launch your own business.

Recently, the Department for Work and Pensions (DWP) issued a new statement announcing that, due to a historic state pension error, over 130,000 individuals have received a total of approximately £800 million in backdated state pension payments.

The UK economy shrank by 0.3% in April, with further tax hikes and spending cuts likely; council tax is expected to increase by 5% annually; the UK unemployment rate has risen to its highest level in four years.

Prime Minister says government 'will look at' scrapping two-child benefits limit; Labour plots ‘family bathtime tax’ on water bills; Reeves outlines plan for £25bn pension 'megafunds'.

Tax rise warning after higher-than-expected UK borrowing. Trump threatens 50% tariffs on EU and 25% on iPhones. HMRC issues 'minimum tax bill' of nearly £100,000 UK homes.

All companies operating in the UK must be registered with Companies House. Once registered, they are required to submit an annual Confirmation Statement and Annual Accounts, which help the public, investors, and government assess a company’s financial health and operations.

Selling homemade food in the UK is subject to regulatory oversight, just like opening a restaurant. You must obtain the necessary certifications, fulfil your tax obligations, and may even be eligible for tax relief.

Hundreds of UK companies have been fined for submitting false information during registration. Donald Trump has imposed 10 per cent tariffs.

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Today, let’s discuss how ecommerce sellers can seize the opportunity offered by AI tools to grow their business. 

In recent years, many countries, including France, Canada and Japan have adjusted their retirement ages, moving toward delayed retirement.

If you’ve been employed by one than one employer in the UK, you would have received a P45 document after the end of your previous jobs. 

Did you know that you can also accumulate NI credits to help build up the number of years so that you can receive the full State Pension?

Did you know that you could reduce the tax you pay on these expenses? So, what sort of expenses qualify for tax relief?