Building a Legacy: Why Family Business Must Lead on Sustainability
For generations, family businesses have been the backbone of the UK economy, contributing not only to economic growth but also to the communities they serve. Unlike large corporations driven by short-term profits, family-run businesses often take a longer-term approach, considering the impact of today’s decisions on future generations. This perspective uniquely positions them to embrace […]
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Salary vs Dividends
If you own a limited company business, you have undoubtedly considered whether you should take a salary or dividends or both. But following the last couple of budgets the landscape for deciding on salary or dividends has changed. Corporation tax rates have increased, and national insurance has decreased. The strategy will not be the same […]
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Labour Expense and Recruitment Issues Leave Employers Struggling
The Quarterly Recruitment Outlook (QRO) is a survey of 5000 UK firms of various sizes and operating in multiple sectors.
Continue reading…Increase in National Living Wage
“The NLW currently stands at £10.42 per hour, and the promised increase will take it to £11.44 per hour in April 2024!” This means that a full-time worker on the NLW will see their annual salary rise from around £10,500 to nearly £21,000. This is a significant jump and will have a very positive impact […]
Continue reading…Allowable Expenses You Can Claim on Being Self Employed
As a self-employed business owner, it’s important to understand the allowable expenses that can be claimed.
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