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Advantages And Disadvantages Of One Person Company

A one person company is defined as a company formed with a single person as a member, different from the…

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What Legal Documents Are Needed To Set Up As A Limited Company?

There are many advantages of setting up a limited company including limited liability for shareholders, easy transfer of ownership by…

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What To Include In Self Assessment

There are many benefits of becoming self-employed – from setting your own working hours to fit around commitments – to making…

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Common Accounting Mistakes That Business Owners Make

Accounting plays an essential role in running your business as it tracks income and expenditure, ensures that you’re meeting all statutory…

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How Are National Insurance Contributions Calculated?

National Insurance contributions – also known as NICs – are taken from the income that you earn. They help to…

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How Is Pay As You Earn (PAYE) Calculated?

In the simplest terms, PAYE or pay as you earn is income tax that’s deducted from your salary before it…

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