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What is a Dividend? A Guide For Business Owners

What is a Dividend? A Guide For Business Owners

by GrowFactor | Nov 14, 2019 | Profits, Tax

Dividends are payments made by a company to its shareholders. Learn more about tax on dividends, rates, and payment terms.

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Sole Trader vs Limited Company: The Best Option for Your Small Business

Sole Trader vs Limited Company: The Best Option for Your Small Business

by GrowFactor | Sep 20, 2019 | Growth, Profits, Tax

A major decision that you must make regarding your business is the form of legal entity it will take. Learn the best option for your small business!

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How to Set Up PAYE Scheme for your Company

How to Set Up PAYE Scheme for your Company

by GrowFactor | Jun 19, 2019 | Payroll, Profits

As an employer, you have a responsibility to ensure that certain statutory deductions are correctly calculated and taken out of the wages given to your employees. Therefore, you need to operate PAYE scheme as part of your payroll.

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Employee Benefits You Need to Retain A+ Employees

Employee Benefits You Need to Retain A+ Employees

by GrowFactor | Apr 24, 2019 | Payroll, Profits

Low employee retention is bad for business.Look at the employee benefits you can incorporate into your business to help improve staff retention.

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P11D Forms – Everything You Need to Know About P11D

P11D Forms – Everything You Need to Know About P11D

by GrowFactor | Apr 17, 2019 | Payroll, Profits

Employers are required to submit the P11D and P11D(B) forms on the 6th of July following the end of the tax year as well as giving individual copies for each employee.

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Why Providing Paid Maternity Leave is Good for Business

Why Providing Paid Maternity Leave is Good for Business

by GrowFactor | Mar 27, 2019 | Payroll, Profits

Not all UK businesses currently offer maternity employee benefits. This is partially due to the misconception that maternity leave is just an expense to a company.

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