Having a business selling wax melts is about more than just your product. You need to make sure you have the right wax melt insurance in place to protect your business and finances. Although the need for this type of policy might not be immediately obvious, it offers many benefits at relatively low cost. Wax […]
Finance & Tax
Employer’s Liability Insurance, The Basic State Pension – Qualifying
There are many things to organise when you are dealing with the processes to set up a candle business. One of the most important aspects to consider is what insurance is recommended for candle makers. Selling any product comes with risks you may not have anticipated. It makes sense to give yourself as much protection […]
Occupational sick pay (OSP) is not a statutory entitlement for employees. If you are taking time off work and are wondering what your entitlements are, your employer may offer OSP to top up Statutory Sick Pay (SSP). Our guide looks at how OSP is usually implemented within companies, and how this type of sick pay […]
UK workers have the right to go on strike if they are unhappy with their pay and working conditions. Properly organised strikes are lawful, and workers can’t be sacked for going on strike. This is despite them being in breach of the terms of their employment contract. For this guide, we look at the topic […]
One of the top concerns for self employed businesses is cashflow. Especially when it comes to being paid by their customers. Not being paid can have severe consequences on the personal finances of small business owners or solo operators. Whether you are just starting or you have experienced non payment issues, we cover all you […]
Do you wear a uniform as part of your job? If so, you may be eligible for a uniform tax rebate. This can involve the overall upkeep of your uniform, including repairing and washing it. Our guide will show you how to claim a uniform tax rebate yourself, it’s relatively straightforward once you know how! […]
Many businesses offer incentives to their workforce to increase productivity or to provide a better service to customers. There are various methods of inducement which businesses can use and if you decide, as an employer, that some element of performance related pay or incentive will help your business prosper further, you will need to find […]
You pay tax on your wages through a system called Pay As You Earn, more commonly known as PAYE. Your employer uses this system to deduct Income Tax and National Insurance contributions before they pay you. The amount you earn before tax and national insurance deductions have been taken into account is your ‘gross salary’. […]
If an employee should be injured at work or become ill as a result of work and decides to sue you for compensation, employer’s liability insurance ensures that there is at least a minimum level of insurance to cover the claim. Failure to take out an insurance policy which covers the claim can result in […]
