News,May 2018

How to Make A Company Dormant

How to Make A Company Dormant?

12/01/2022Business , Finance , Limited Company

Whether you need a break for a while, you’ve got a permanent job offer that you can’t refuse or want to retire, in such cases you may decide to make your company dormant. Whatever your reasons, you can stop running your business for some time by making it dormant. But many of you might not …

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difference between revenue and income

What is the Difference Between Revenue and Income?

11/01/2022Accounting , Business , Finance

Wondering what is the difference between revenue and income? Even as a business owner, you may find these accounting terms confusing. Revenue and income can’t be used interchangeably. You need to know both for a better understanding of the company’s expenses and overall financial health. Learning these accounting terms will help you to keep your …

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Statutory Sick Pay

What is Statutory Sick Pay? A Simple Guide

19/11/2021Business , Finance

In recent years, after the outbreak and spread of Covid-19 in the UK and across the world, the role of statutory sick pay (SSC) has raised than ever to cope with the financial effects of the pandemic.  Even before the outbreak of the virus, it used to be and is an important entitlement for employees …

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