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PILON is a common feature in UK employment law and can appear in both standard contracts and negotiated settlement agreements. It’s important for both employers and employees to understand how it works, because it affects contractual rights, final pay calculations, and even tax treatment.
In the UK, debt financing for small business is one of the most common and accessible ways to raise capital. From traditional bank loans to alternative online lenders, government-backed schemes, and trade credit, debt financing provides a crucial lifeline for businesses that need funds without giving up ownership.
Running an eBay store in the UK can be a profitable side hustle or a full-time business. But while listing, selling, and shipping products may be your main focus, understanding your tax responsibilities is just as important.
October is a busy month for UK businesses when it comes to tax and compliance. From Corporation Tax payments and returns to Self Assessment notifications, PAYE, CIS, and even Plastic Packaging Tax, there are several key deadlines that business owners need to keep firmly on their radar.
For many landlords, especially first-timers, the idea of filing a Self-Assessment can be daunting. The rules around allowable expenses, property income bands, tax relief, and deadlines can feel overwhelming.
Accurate estimates are more than a pricing exercise they’re the foundation of sustainable business. They protect your margins, win client confidence, and help you manage cash flow effectively.
Everything you need to know about tracking sole trader expenses from setting up systems and tools to common pitfalls to avoid.
Running a partnership business in the UK offers flexibility, shared responsibilities, and the ability to pool resources and skills. But once your partnership begins generating profits, one of the most critical decisions you and your partners face is what to do with those profits.
Running your own limited company in the UK offers you more flexibility and control than being self-employed. But with that flexibility comes responsibility particularly when it comes to deciding how you pay yourself.
Unlike a limited company, where profits are usually distributed as dividends in proportion to shareholdings, an LLP allows its members (sometimes called partners) to decide for themselves how profits should be divided.
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Accounting Wise is a trading style of Accounting Wise Ltd, a limited company registered in England under company number 09365202. Our registered office is: The Carriages, Station Road, Ware, SG12 9PL UK.
Content is for general information only. Always take advice.
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