Telling the truth about SME life today

What Is A Dormant Company?

What Is A Dormant Company?

A dormant company is a registered business that is no longer active but retains the legal status of a business. The term ‘active’ refers to carrying out accounting transactions or business operations but even without these activities, a dormant company files annual legal and administrative papers so that it can remain registered as a company. […]

Is It Illegal To Have Less Than 11 Hours Between Shifts

Is It Illegal To Have Less Than 11 Hours Between Shifts

Rest goes beyond taking a break from work. It plays a role in our physical well being. In the UK the Working Time Regulations 1998 lay out the provisions that determine what workers are entitled to when it comes to taking a break at work. is it illegal to have less than 11 hours between […]

National Insurance Increase Reversal – What It Means for Businesses

national insurance increase

The controversial 1.25% planned increase to National Insurance Contributions (NICs) was reversed on November 6, 2022. The reversal applies to Class 1, Class 4, and secondary Class 1, 1A and 1B NICs and will result in a reduction of the main and additional rates of Class 1 employee NICs by 1.25 %, as well as […]

What To Do When A Customer Is Refusing To Pay For Work Done In The UK

What To Do When A Customer Is Refusing To Pay For Work Done In The UK

What To Do When A Customer Is Refusing To Pay For Work Done In The UK – This is never good for the business and sometimes isn’t good for the customer either. It doesn’t matter if you run a small or medium-sized enterprise, a sole proprietorship, are self-employed, or are a freelancer; at some point […]

When Is An HMO Licence Required for A Rental Property?

HMO licences became a requirement during the legislation of the Housing Act of 2004. This regulation serves to protect people living in shared residences. Often, these shared housing lacked fire safety. Living conditions were also poor due to overcrowding and other factors. From 2006, landlords have to obtain applicable licences, particularly to comply with conditions […]

Laws On Reselling Products In The UK

laws on reselling products UK

There are a number of reasons why you might want to resell products. Perhaps you no longer need them, their value has increased since you bought them, or you bought them in bulk with the intention of selling them individually at a product. Whatever your reason, it’s important to be aware of the laws governing […]