Dealing With Wages In Control Accounts
As a business, the wages that you pay might well be one of your biggest regular expenses. Not only that, but it’s vital to keep your employees happy and ensure they get the money that they’re owed each...
View ArticleHow to amend a VAT return
We’re all human and we all make mistakes. While we do all we can to help you with your accounts at KashFlow, we know that sometimes errors can be made when making your records. The post How to amend a...
View ArticleWhat is a credit note?
Every business aims to deliver the best service as often as possible but, no matter how hard you try, mistakes can be made. Yet, the way you react to a mistake is vitally important. This is your chance...
View ArticleEmployee Performance & Appraisals
What are employee appraisals? Employee appraisals are a method of evaluating employee performance and providing feedback on it. Performance appraisal of employees should be part of an ongoing...
View ArticleWhat is the Flat Rate VAT Scheme?
The VAT Flat Rate Scheme is an alternate way to pay VAT, in which you pay a certain percentage and keep the difference. The post What is the Flat Rate VAT Scheme? appeared first on IRIS KashFlow.
View ArticleGuide to HMRC PAYE Forms
The Pay As You Earn (PAYE) system is a way of paying income tax and National Insurance contributions (NICs). In the PAYE scheme, you’ll deduct tax and NICs from the employees’ wages before they are...
View ArticleWhat is an EC Sales List?
EC Sales Lists are used when reporting the VAT on sales to the EU. The post What is an EC Sales List? appeared first on IRIS KashFlow.
View ArticleA Guide to Emergency Tax
What is emergency tax? Emergency tax codes are issued when HM Revenue and Customs don’t have enough information about an employee’s income and tax details for a tax year and they can’t issue the...
View ArticleEmployment Allowance
Employment allowance grants employers up to £3,000 per year off their secondary Class 1 National Insurance bill. The allowance is taken off your National Insurance Contributions (NICs) until the £3,000...
View ArticleConstruction Industry Scheme (CIS) For Hiring Contractors
If you’re a contractor hiring a subcontractor, then you may have to register for the Construction Industry Scheme to contribute towards taxes. What is the Construction Industry Scheme (CIS)? The...
View ArticleProductivity + Positivity: 5 Ways to Work Better and Feel Better
In the modern workplace, the pressure to perform optimally at all times can feel overwhelming. With demanding deadlines, long hours and back-to-back meetings all adding to the average office worker’s...
View ArticleWhen Does A Small Business Need To Start Paying Tax?
When to register a new business for tax You should register as a sole trader or a partnership as soon as you start trading. There are two easy ways to do this: Calling the HM Revenue & Custom’s...
View ArticleCan you be employed and self-employed?
If you’ve got an idea for a business, but aren’t in a position to fully invest your time and energy into it just yet, then you’re in luck – as you can be employed and self-employed at the same time!...
View ArticleHow to set up an eBay business
1000s of UK small business count eBay as their primary source of income, with some even becoming millionaires through the platform. While eBay still has a reputation as a website people use to flog...
View ArticleHow to Register a Company Name
Want to register a company name? This guide covers all the steps from picking a name to proving it’s yours! Do I have to register my company name? Registering your company name isn’t compulsory for...
View ArticleTips & Tricks for Online Small Business Success
There’s never been a better time to start a small business, given the explosion of technological devices and the Internet of Things. The sheer extent of our global connectivity means that, today, you...
View ArticleThe Pros And Cons Of Moving Over To A Limited Company
What is a limited company? There are two primary types of limited company – those limited by shares and limited by guarantee. The first is the most common amongst businesses, while the second is...
View Article6 Problems Small Businesses Solve With Texting
Every business owner knows that the place to reach their customers is on their mobiles. But did you know that sending and reading text messages are the number one and two functions mobile users make...
View ArticleWin a Hot Air Balloon Ride for two!!
At KashFlow, we want to help small businesses soar. And this month, we’re taking that literally and offering our existing customers a chance to win a Celebration Hot Air Balloon Ride for Two with...
View ArticleSetting up PAYE
In a Pay As You Earn (PAYE) online scheme, you deduct income tax and National Insurance Contributions (NICs) from your employees’ salary and pay it to HM Revenue and Customers. If you don’t, you’ll be...
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