society
How do you account for redundancy payments?
Any redundancy payment that an employer makes to an employee is part of pay and hence is an expense accounted for on the employer’s profit and loss accoun...
Category: Society
society
Can I take my teachers pension at 60 and still work?
Answer: If you’re receiving Age final salary benefits and you remain in pensionable employment, or you’re receiving Age or Premature final salary benefits...
society
Do sole traders have VAT?
VAT is Value Added Tax. As explained below, the law requires UK traders with sales (turnover) above the VAT threshold to register for VAT and charge it on...
society
Is Pakistan on the Red List UK?
Pakistan has been on the UK’s red list since April, when it was added along with the Philippines, Kenya and Bangladesh, due to concerns over the Delta var...
society
What kind of work do freelance writers do?
A freelance writer is a self-employed person who writes articles, ad copy, or other types of content for a living. They may write for news outlets, period...
society
Can you be a self employed personal trainer?
When you are self-employed as a personal trainer, you create your own work schedule and have the freedom to choose the clients with whom you work. All ear...
society
How do you address a letter to a client?
Address the letter. When writing a letter to a client, write it directly to the person by stating the person’s name. It can begin with the word “Dear” fol...
society
Is your spouse entitled to your State Pension?
You’ll get any State Pension based on your husband, wife or civil partner’s National Insurance contribution when you claim your own pension. You will not ...
society
How do you propose an acquisition?
Your proposal must also include the financial background of both companies and a description of how the acquisition will be paid for. For example, if you ...
society
Are gifts from family taxable UK?
There’s usually no Inheritance Tax to pay on small gifts you make out of your normal income, such as Christmas or birthday presents. Other gifts count tow...
society
What losing a mother does to a child?
One 2008 study found that even 18 years after losing a child, bereaved parents reported “more depressive symptoms, poorer well-being, and more health prob...
society
What is the notice period for a director?
Directors, company secretaries and LLP members will often have notice periods of three months or more which should give the company or LLP time to find a ...
society
Can you hold a UK and EU passport?
Dual citizenship (also known as dual nationality) is allowed in the UK. This means you can be a British citizen and also a citizen of other countries. You...
