News,May 2018

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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PAYE vs umbrella company

PAYE vs Umbrella Company

29/10/2021Business , Finance , Payroll & PAYE

As a contractor, you have two significant options of payroll: PAYE or umbrella company. So, it is essential to make the right decision, whether you are a new or an experienced contractor. That’s why we will focus on PAYE vs umbrella company in this blog. We will provide all the necessary details to you so …

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