How To Join The New VAT Deferral Payment Scheme?

The pandemic has struck the world and has had a massive impact on the economy. Therefore the government had announced that the VAT payments can be deferred. This is part of the government package of support worth more than £280bn. A business that had deferred VAT between 20 March 2020 and 30 June 2020 can […]

When And How To Claim Married Couple’s Tax Allowances?

Once you exceed your personal allowance, you need to pay the tax to the HMRC every year. However, there are a few allowances that you could receive that will reduce the tax to be paid. The married couple’s tax allowance (MCA) is one such you can claim. It does not reduce the taxable income on […]

The 7 most common fears of starting a business

A lot of people would like to commence a business of their own. However, we all have our own lives and responsibilities, which we have to fulfill. If I leave the job, how will I meet my expenses? What if I am wrong? Will I let people down? Will I get a good job if […]

What is a SWOT Analysis and how to make it?

A swot analysis is a system used to define your strengths, weakness, opportunities, and threats. It can be done on an individual project or a company. Strengths and weaknesses are internal to the company, things that you have some control over and can change. Whereas, opportunities and threats are external things that are going outside […]