Hospitality business owners: how should you distribute tips between staff members?
When starting up a hospitality business, it is important to factor in that some customers may choose to tip members of staff.
Construction subcontractors: All you need to know about payments
If you are a contractor working in the construction industry you are likely to rely on the services of subcontractors – but what rules do you need to consider when paying them?
Dividends V Salary: Making profits pay for your salary
We all want to keep more of our hard-earned money. For business owners, it can be a difficult balancing act to find the most tax-efficient way to get paid from the company’s profits.
Cloud accounting: top tips to innovate your bookkeeping
The accounting world is constantly evolving into the digital world, with technology on hand to help with the everyday issues of financial management and bookkeeping.
Corporation Tax: could you be missing out on tax reliefs?
Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax.
Steep price rise warning as hospitality businesses yet to receive Omicron funding
The hard-pressed hospitality industry is facing some difficult choices after the temporary cut in VAT to 12.5 per cent reverted to the full 20 per cent. It will result in double-digit price increases for consumers as operators struggle to survive, leading industry body UKHospitality says.
Ready to kick start your own business?
Deciding to start your own business can feel like a leap of faith but being prepared for the steps you will need to take can ameliorate this lack of confidence.
Hospitality sector welcomes new law to help tackle commercial rent arrears
The introduction of new legislation to protect businesses forced to close or partially close during the pandemic has been welcomed by a leading hospitality trade body.
Getting the data right is key to growth in hospitality
Hopes that the temporary VAT cut for hospitality would be extended were dashed in Chancellor Rishi Sunak’s Spring Statement this week.
How can your business boost its revenue?
Raising revenue is often one of the key objectives for small and medium-sized businesses (SMEs), however it can be a difficult process to navigate.