TAX-FREE SAVINGS ALLOWANCE: PSA Updated Guide 2025
Tax-free savings were changed; introducing a new personal savings allowance on April 6, 2016. According to the Personal…
CREDIT CONTROL: Debt Collection Process and Software Explained!
While it is an essential part of running a business, collecting payments from customers on time is frequently…
PENSIONABLE EARNINGS: How To Calculate Pensionable Earnings
When you auto-enrol your employees into a workplace pension scheme as an employer, the UK government sets minimum…
What Is A Private Sector?
The private sector is critical to urban and economic growth. Not only does the private sector contribute to…
Simple Interest: Meaning & How It’s Calculated
Simple interest is a loan interest payment that borrowers pay to lenders. It is based solely on the…
PERSONAL GUARANTEE: Definition and How It Works For Your Business Loans
The majority of small businesses will want to grow, but expansion isn’t always inexpensive. That is why so…
DEBENTURE: Features, Types & All You Need To Know
Nobody starts a business expecting to fail, but it’s a potential that lenders must consider when making loans,…
DIRECT DEBIT GUARANTEE | Detailed Explanation & Guide To The Processes
The Direct Debit Guarantee scheme protects consumers against erroneous payments, making Direct Debit a particularly secure payment method.…
STATUTE BARRED DEBT: All You Need To Know In The UK
A debt becoming statute-barred isn’t something that happens all that often, but it’s something you should be aware…
SALARY SACRIFICE: How It Works
Pension contributions are one of the most common uses of salary sacrifice schemes. Cycle-to-work schemes and childcare vouchers…