As an individual, there are several decisions which can affect your personal life and your career – one of these decisions being whether to choose a company or self-employment. At BVS accounting we hope to provide an insight on what path is right for you. What is a company or self-employment? A company is a complex business structure which is … Read More
Why are Business Health Checks Important?
As we get older, we tend to take more health checks to maintain our good health. Likewise, as a company grows and develops it’s important for the company to take business health checks after periods of time, so that business owners are able to recognise a company’s current status and whether the company is able to grow further. What are … Read More
Why Should You Consider Payrolling Benefits In Kind?
Payrolling benefits in kind is an incredible way of assuring that tax deductions will be accurate with both the employee and the employer being at an advantage. What are benefits in kind? Benefits in kind, simply, are non-monetary benefits which are provided by an employer to an employee, as well as their salary or wages. Examples of benefits in kind … Read More
PAYE And Payroll For Employers
PAYE (Pay As You Earn) is a system used by employers in the UK to deduct income tax and National Insurance contributions from employee’s salaries or wages. PAYE ensures that employee’s taxes are paid regularly and accurately throughout the year when employers calculate and deduct an amount of tax and National Insurance contributions from the employee’s pay and then report … Read More
