If you are thinking of starting your own business and becoming a sole trader, we have listed some of the key requirements you need to think about before leaping. Becoming a sole trader is exciting especially if this is your first business and you want to get it right. Is becoming a Sole Trader the […]
A sole trader can be a graphic designer, gas worker, plumber, hairdresser, therapist or in any other industry that you will incur costs as a result of running your own business. Some of the costs incurred could be claimed as business expenses but do you know what you can be claiming for? As a sole […]
The twenty-second edition of the Forum of Private Business Health and Safety guide will be available for our members from week commencing 8th April 2019. It is a vital business resource for any business owner not only our members and it will give you peace of mind to know that you will be fully up to speed […]
There are five main types of tax that are relevant to businesses: income tax, corporation tax, National Insurance, VAT (value added tax) and capital gains tax. Certain forms must be submitted to HM Revenue & Customs (HMRC) and payments must be made by certain dates to avoid incurring penalties for late submissions and interest on […]
If your business is VAT registered with a turnover above the VAT threshold then you will be required to use the new guidelines of Making Tax Digital (MTD) for VAT by law from the 1st April 2019. The primary aim of Making Tax Digital is to make the administration of tax effective and easier for taxpayers […]
There is no loss of continuity of service if an employee resigns or is dismissed during one week but is re-engaged by the same employer before the end of the following week. This applies even if the employee worked for another employer during the break period. Other instances where continuity of service is not broken […]
Crowdfunding is a time-consuming endeavour. And there’s nothing worse than spending your precious time on activities that are at best ineffective, at worst actively putting investors off the idea of funding your business. So what common mistakes do entrepreneurs often make when looking to raise money for their business? Not knowing your numbers How did […]
How to stay on top of your retail’s ever-changing environment Consumers shopping habits have dramatically changed in recent years, and for retailers, the competition is getting tighter. Businesses need to raise their game to drive growth. Below the Forum has created seven top hits for retailers to follow to ensure growth with their business. […]