Are you ready to explore the incredible world of Social Enterprises in the United Kingdom? Join us on a thrilling journey as we uncover their astonishing growth, with £60 billion contributed to the economy and over 2 million people...
Results for "benefits" articles
The advantages of being a sole trader
For aspiring entrepreneurs in the United Kingdom, there are advantages of being a sole trader. This business model provides flexibility, simplicity, and a range of benefits that make it an attractive choice. In this vlog , I explore the advantages of being a sole...
The advantages of operating as a Sole Trader
In this episode of the "I Hate Numbers" podcast, we explore The Benefits of Operating as a Sole Trader for your business. While limited companies have their perks, operating as a sole trader can offer flexibility, autonomy, and ease of set-up. Listen to learn...
Responsibility Accounting Demystified
Responsibility Accounting Demystified: A Straightforward Guide to Success Responsibility accounting holds the key to better financial performance. It improves accountability and streamlines decision-making. Discover the essentials of responsibility accounting and how...
What Is Responsibility Accounting?
Responsibility Accounting: A Comprehensive Guide Responsibility Accounting is a powerful management tool. It holds decision-makers accountable for financial outcomes. This article takes a further look in an easy to understand way. Let's dive into what...
Understanding UK directors National Insurance
If you have a UK company , then you need to understand directors National Insurance. In this vlog I am going to explain Firstly, why UK directors are treated differently for National insurance Secondly, what National Insurance directors pay Lastly, the two methods of...
Understanding National Insurance for Directors
UK company directors are treated differently from other employees when it comes to National Insurance. This is because they are considered to be self-employed, even if they only work for one company. As a result, they have to pay National Insurance on...
What role National Insurance plays in your state pension
Understanding the Role of National Insurance in Your UK State Pension is key to making informed decisions about your financial future. National Insurance is used to calculate your State Pension and affects how much you receive. Getting the full...
Using effective Financial Controls in business
Gaining Financial Controls for your business can be difficult and often rather daunting. Moreover, having the right approach and finance controls in place is essential to keep ahead of any financial issues that may arise. This week’s podcast looks at...
Understanding cost plus pricing
Have you heard of cost plus pricing? Furthermore, do you know how to price your services and products? It can be tricky, especially when you're new to the game. One pricing method that can help is cost-plus pricing. In this post, we'll take a look at what cost-plus...
Key advantages of financial planning for your business
It's no secret that I know that financial planning is wonderful. Successful businesses require effective financial planning. But did you know that there are several other benefits to financial planning as well? In this podcast I'll look at some of the...
How to survive a recession and prosper
As we all know, the economy is not doing so well, but I want to show you How to survive a recession and prosper There are things you can do to survive a recession and even prosper! In this blog post, I will share with you some tips on how to make it through these...
How to calculate cash profits
Are you a business owner looking to make the switch to cash basis accounting? The transition can be daunting, but it's worth it if you want to make the most of your profits. In this podcast I'll take a look at how traditional accounting compares to...
Using the cash basis for tax
Many small businesses in the UK are Using the cash basis for tax. This is a simple and straightforward way of accounting for your business income and expenses. In this video I'll explain how to use the cash basis for tax and highlight some of the benefits it offers. ...
Filling in your self-employed tax returns
Self-employed tax returns can be daunting, but they don't have to be! This weeks I Hate Numbers podcast takes you through how to fill in your self-employed tax return for the year 21-22. I'll explain everything you need to know, so you can be confident...
The impact of VAT registration on your business
So, what is the impact of VAT registration on your business. That is what I am looking at in podcast episode 127 of I Hate Numbers. There will be changes, and in the words of Charles F. Kettering “People are very open-minded about new things, as long...
Measuring financial performance of your business
If you're a business owner, then Measuring your financial performance, keeping track of it is essential to your success. But do you know how to measure it? In this podcast I'll explain two important metrics for measuring your business's financial...
Manage risks with a risk register
Using a Risk Register to manage risks is this weeks I Hate Numbers podcast When it comes to risk management, most business owners and entrepreneurs think of insurance policies and legal contracts. While these are both important aspects of risk...
Creating your financial story
It can be easy to put off creating your business financial story plan - after all, who has time for that? But don't underestimate the importance of this document. Your business financial plan is vital, serving as both your road map and your trusty...
How to budget your money
How to budget your money is vital when times are challenging, and when times are good. A budget is a plan for how you will spend your money. It can help you save money and make better financial decisions. Creating a budget can seem like a hard task, but it doesn't...
Why kindness is good for your business
We all know that being kind is good for our personal well being. But did you know that kindness can also be good for business? That’s right – being kind at work can lead to increased productivity, lower turnover rates, and a host of other benefits for your company....
Money Saving tips
Learn more about five Money Saving tips. Quick wins, straightforward to implement and access. Learn more your tax entitlements and generate funds Marriage allowance Married or civil partnership, it’s all about the love, but also some tax savings to be had. You can...
How to claim Carers Allowance
Are you a carer and want to know How to claim Carers Allowance? What is Carer’s allowance? This is money given to people who look after someone with substantial caring needs. It’s not means-tested, so it doesn’t matter how much you earn or own. Furthermore, if...
Claiming Carers Allowance
Claiming Carers Allowance is this week’s vlog. Furthermore, you may ask why. It’s a sad fact that nearly £1.3 billion worth of unclaimed carer's allowance in the United Kingdom. That’s almost 400,000 people who care for friends or relatives who are are missing out...