HOW TO CHOOSE YOUR BUSINESS PARTNER

choose business partner

For me, a business partnership is similar to a marriage. Marriage could be seen as a legal contract between spouses that establishes rights and obligations between them, between them and their children, as well as society in general. Individuals marry for many reasons, including legal, social, emotional, financial, spiritual and religious purposes.Now, starting a business […]

NATIONAL LIVING WAGE COMMUNICATION

National Living Wage Communication

From 01st April 2016 the Government’s new National Living Wage will become law. How is this going to affect you?From 01st April 2016 you must pay all employees aged 25 and over the National Living Wage rate (NLW), which is currently set at £7.20/hour and is mandatory, not optional. The National Minimum Wage rate per hour depends on your age and whether you’re […]

NEW DIVIDEND TAX RATES FOR 16/17

dividends

The way dividends are to be taxed is to change from April 2016 and will see basic-rate taxpayer subject to a new levy of up to 7.5%.The Government expects to raise £6.8 billion over the next five years by replacing the dividends tax credit with a tax-free dividend allowance of £5,000, with higher taxes on […]