With so many companies offering the option to buy their insurance online, it seems like an easy do-it- yourself job for your clients. But it isn’t as simple as getting a few online quotes and then choosing the option that offers the most competitive premium!! What is the purpose of an insurance broker? There is…

Date posted: December 5, 2019

As the Christmas season is rapidly approaching here’s a quick reminder of what is tax deductible and what isn’t! Christmas Parties The rules on Christmas parties depend on who is invited… Staff – the main tax implication of staff Christmas parties is whether you need to report the cost of the party as a taxable…

Date posted: November 28, 2019

When happy employee’s have a stress-free time at work, they’re going to be more productive in general. As an employer, it’s your job to put procedures in place that will keep your employees happy and motivated. When doing this it’s important to realize that every workplace has its own dynamics and yours may be completely…

Date posted: October 17, 2019

When looking at taking on a new employee or team member, some business owners cannot look past the annual salary figure and think “I can’t afford that!” But in reality a team member or employee should end up saving you money.  You just have to look at it a different way … Outsourcing For example,…

Date posted: October 10, 2019

Claiming for the amount clients spend on food is allowed when they’re self-employed, however, you can’t just claim for everything they eat. So, what’s the deal? HMRC’s general rule is that you can only claim for expenses that are “wholly and exclusively” for the purposes of trade, this makes food and drink expenses a tricky…

Date posted: September 26, 2019

It is common knowledge that it is a legal requirement to allow your employees to have paid holidays and usually calculating holiday entitlements are pretty simple. An employee is entitled to 28 days for the full year, or you can use the online government holiday calculator to calculate the holiday entitlements if an employee starts/leaves…

Date posted: September 12, 2019

A Cargo or Marine policy is a product designed to insure goods whilst in transit worldwide or in the UK for storage should they be lost or damaged . The cover against loss or damage can be whilst travelling by road, rail sea or air. As well as worldwide travel, policies also includes transport within…

Date posted: September 5, 2019

From October 2019, proposed changes to VAT and the CIS are being planned within the construction industry. The Construction Industry covers a vast and wide-ranging sector of businesses in the UK and often includes a supply chain of providers, contractors and sub-contractors The government have announced that the proposal of a domestic ‘reverse charge’ has…

Date posted: August 29, 2019

You are required by law to have employers’ liability insurance for people who you employ under a contract of service or apprenticeship. Whether or not you need employers’ liability insurance for someone who works for you depends on the terms of your contract with them. This contract can be spoken, written or implied. It does…

Date posted: August 22, 2019