employers, staff and people insurance
As a business owner, you’ve undoubtedly heard the term “company assets” thrown around in discussions about your business operations, responsibilities, and financial health. But what exactly does it mean? In this post, we’ll delve into the concept of company assets, explore the various types, and discuss why it’s crucial for businesses to be fully aware…
This blog gives you the basics on minimum pay and parental leave changes with links to where you can find more from HMRC. Don’t get caught out with changes to National Living and Minimum Wage rates! National Living and Minimum Wage rates are increasing on 1 April 2024. The National Living Wage is extended to…
One of the major benefits of being self-employed is the independence it brings. You are your own boss, and you have total freedom over how, when, and where you work. But with all this freedom comes a lot of responsibility. You need to keep your own records, manage your own finances, submit your own tax…
If you’re a company director, you have a number of options for drawing income from your company as a directors salary. Mainly, it’s a choice between whether you pay yourself a salary, or you take dividends as your income – or you might choose a combination of the two. On top of this, you can…
Company directors are entitled to claim certain expenses. This is the case whether you’re the sole director of a limited company, or the managing director of a small business. In this post we’ll outline some of the expenses you can claim as a company director, along with any limits. Please note that you should pay…
All UK workers have certain legally-enforced employment rights. If an employee feels that their legal rights have been violated, then they may make a claim against their employers. Employment practices & liability insurance covers businesses against such claims. What Does Employment Practices & Liability Insurance Cover? The UK government has many laws in place to…
Employers liability insurance So you think you don’t need employers liability insurance? Imagine that an employee that you hired is injured while working for you or operating on your premises. What happens next? You will likely face a lawsuit and a personal injury claim against your business which could cost you a fortune. You might…