Do You Pay VAT on Insurance?
Are insurance premiums subject to VAT? Do you have to pay VAT on your insurance? Short answer: You almost never have to pay VAT on insurance. But sometimes you do. Sort of. In this post we’ll explain the law concerning…
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What Do Insurance Brokers Do?
An insurance broker acts as an intermediary between a client and either a single insurer, or a selection of insurance companies. First, they’ll work to ensure you get cover that meets your exact needs. Then, in the event of a…
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Cash Inflow – What It Is, Types, and Examples
Whether you’re a self-employed freelancer or contractor, or a small business owner, understanding your cash inflow is vital to managing your business finances. In this post we’ll explain what cash inflow is, explore some inflow of cash examples, and discuss…
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10+ Businesses You Can Start From Home
Have you ever thought about setting up your own business? For some of these home business ideas, you’ll need specialist equipment, and possibly additional training and qualifications. But for many of these businesses, all you’ll need is a laptop, a…
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Invoice Fraud – Don’t Pay!
Invoice fraud or scams are when someone poses as your supplier or customer and sends you an invoice or bill requesting a payment. This type of cyber crime is also known as mandate fraud. A Common Scenario You get an…
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Unlocking the Value: Understanding Company Assets
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,…
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Do Yoga and Wellbeing professionals need insurance?
Yoga and Pilates Instructors are wellbeing professionals. You want to maintain the highest professional standards so that your students keep coming back. Your customers can have different levels of fitness and ability when they start and may develop at different…
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Sick Pay & Sick Benefits for Self-Employed
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….
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How to Become a Life Coach
What Is a Life Coach? A life coach basically supports people to be the best they can. Through lots of advice and plenty of encouragement, life coaches help their clients make key decisions about their personal or professional lives. Can…
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Average Cost of a Data Breach for Business
According to Statista, in 2023 the average cost of a data breach for UK businesses was £1,100. These were largely the result of fraudulent emails or other messages, known as phishing attacks, which are responsible for some 80% of all…
