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Business accounting for non-accountants

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6 points checklist – when you start a new company

You may have been working as a self-employed or working under an employment contract with another company before but now you have decided to start your own company and are curious to know what you have to do next. Register a new Company First of all, you must register your new company. All companies are registered…

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PAYE and payroll for employers

PAYE is the abbreviation from Pay As You Earn and it represents a system used by HMRC to collect the Tax and National Insurance. If you own a company and you have employees, you are required to deduct them from your employee’s gross income each month. (or each time they are paid). The tax and…

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