What are Business Rates?
Business rates, also known as company rates, are a tax on land use for non-domestic reasons. In other words, if you use a property for other than living purposes, you…
What is a Bad debt
Bad debt is a form of expense that is no longer considered collectable at the time of repayment by a customer. In other words, it's an irrecoverable bad debt. Bad…
What is Accounting
Accounting can be described as the “language of business.” As we know that human memory is limited and we cannot store endless information. So, accounting takes the charge of maintaining…
What is Higher Rate tax
The income tax is a progressive tax, which ensures that the rate increases as the taxable amount increases. Depending on where you live in the UK, the tax rates, tax…
What is Corporation tax
Corporation tax is a tax payable on limited liability corporations and other groups' taxable income, including societies, clubs, unions, and unincorporated entities. A corporate tax is levied on a company's…
Money Management Tips for the Year 2023
In this new world of 2023, money is still a major factor in our lives. Whether you’re trying to save up for a trip or just want to be more…
How to Create a Solid Startup Business Plan
When starting a new business, it is essential to create a comprehensive startup business plan. This plan will act as your roadmap for success and give you the guidance you…
The Best Business Ideas for 2023
What will the best business ideas be in 2023? This is a question that many entrepreneurs are asking as they look to start their own companies. With the world changing…
Small Business Taxes: What You Need to Know
As a small business owner, it is important to understand the various taxes you are required to pay. Knowing which taxes you need to pay and when can help you…
7 of the Best Short-Term Investments in the UK
7 of the Best Short-Term Investments in the UK