Podcasts
Tax Avoidance vs Tax Evasion: What’s the Difference?
Tax avoidance vs tax evasion sounds like a simple legal-versus-illegal distinction, but there is an important third concept in the middle: legitimate tax planning. Using an ISA, contributing to a pension or claiming a relief exactly as Parliament intended is tax...
7 Benefits of Filing Your Tax Return Early
The benefits of filing your tax return early go well beyond simply getting an unpleasant job out of the way. You can reduce deadline stress, receive a tax refund sooner if one is due, give yourself more time to check the numbers and understand what you owe before the...
Responsibility Centre KPIs Explained: Cost, Revenue, Profit and Investment Measures
Responsibility centre KPIs help you measure performance in the right parts of your business. Different teams, departments and business units control different things, so you should not measure them all in the same way. In this episode, we look at practical KPI...
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 your business capacity
Business capacity is the maximum amount of work a business can handle within a given period of time. This measure helps businesses understand their limitations and plan accordingly. For example, a bakery has a limited capacity for producing baked goods. This...
Director National Insurance: How the 2 Calculation Methods Work
Director National Insurance works differently from National Insurance for most other employees. Directors are still treated as employees for National Insurance purposes. However, their contributions are calculated using an annual earnings basis because directors can...